Unlock the potential for earning rewards by staking your Stellar cryptocurrency on renowned platforms like XLM. Staking involves locking up a certain amount of Stellar in a smart contract or platform to participate in the network's consensus mechanism and earn rewards. Currently, there are (7) platforms offering Stellar staking with an average APR of 4.72%. (Gate.io, Binance, OKX, CoinW, Bitrue, Whitebit, P2B) is one such platform, offering the best Stellar staking option of 4.72% APR for an indefinite period. To stake Stellar, simply register on one of the platforms available on our website, make a deposit of Stellar, and start earning rewards. We provide valid information to help you make informed decisions and stay up-to-date on staking Stellar.
Stellar staking involves actively participating in the Stellar network and contributing to its consensus using your XLM holdings. While not a traditional Proof-of-Stake (PoS) system, Stellar utilizes the Stellar Consensus Protocol (SCP) through trusted nodes known as "quorum slices" to validate transactions. Although there's no staking in the standard sense, XLM holders can partake in the inflation process by voting for an inflation destination, ultimately receiving additional XLM as rewards. To engage in staking, hold XLM, select an inflation destination, vote for it, and reap your share of the weekly inflation pool based on your votes. Regularly monitor your votes, opt for reputable pools, and stay informed to maximize your Stellar staking benefits.
Below, you can find a unique graph that will help you understand the dynamics of growth and decline of the APR of Stellar and assess its liquidity for further staking. The chart shows data on the minimum, average, and maximum APR staking XLM.
If you're looking for the best place to stake Stellar (XLM), the platform with the highest APR right now is Whitebit - it offers 17.39% APR for an indefinite period (or up to 360 days days).
Yes, you can staking Stellar (XLM) on 7 platforms that have 14 stakes with an average APR of 4.72%
You can staking XLM on Gate.io, Binance, OKX, CoinW, Bitrue, Whitebit, P2B
For this, you need to register on one of the platforms available on our website, make a deposit of XLM, and wait to earn, more details are in our guide.
Staking Stellar refers to the process of locking up (or staking) a certain amount of XLM (Stellar's native cryptocurrency) in a smart contract or on some platform, in order to participate in the network's consensus mechanism or give it in platform's temporary usage and earn rewards.