What is STRK Staking?
Staking STRK tokens on Starknet allows you to earn rewards while supporting the security and decentralization of the network. By delegating your tokens to validators, you contribute to the consensus mechanism without having to run validator infrastructure yourself.
Key Benefits: Earn STRK rewards, support network security, no technical expertise required, and maintain full control of your tokens.
Step-by-Step Guide to Staking STRK
First, you'll need a Starknet-compatible wallet. The most popular options are ArgentX and Braavos. Download the browser extension, create a new wallet, and securely store your recovery phrase.
If you don't already have STRK tokens, you'll need to acquire some. You can purchase STRK on various exchanges that support Starknet assets and transfer them to your Starknet wallet.
Visit our Starknet Staking Dashboard and click the 'Connect Wallet' button in the top right corner. Select your wallet provider (ArgentX or Braavos) and approve the connection request in your wallet.
Our dashboard displays all active validators on the network. You can sort them by total stake, number of delegators, fees, and more to find the right validator for your needs.
When selecting a validator, consider factors like their performance history, fee structure, total stake, and number of delegators. A diversified approach can help manage risk.
After selecting a validator, enter the amount of STRK you wish to stake. Make sure to keep some tokens for transaction fees. Our interface will show you estimated rewards based on your stake amount.
Review your staking details, then approve the transaction in your wallet. Once confirmed on the network, your tokens will be staked and start earning rewards.
Use our dashboard to track your staked tokens, accrued rewards, and validator performance. You can claim rewards or adjust your delegations at any time.
Congratulations! You're now staking your STRK tokens and contributing to the Starknet network while earning rewards.
Important Considerations:
- Staking involves risks, including potential slashing if your chosen validator misbehaves
- There may be an unbonding period when you decide to unstake your tokens
- Rewards may fluctuate based on network participation and validator performance