Staking rewards are an incentive system in blockchain networks, rewarding participants who help keep the network secure. With the launch of Staking Rewards on Algorand, there are several ways to take part.
Pera Wallet is a portal for Staking Rewards on Algorand. While there are several platforms and ways to take part, Pera offers a direct way to connect your wallet to different service providers.
Pera Wallet is an open-source, self-custodial wallet that allows users to store, buy, and swap on the Algorand blockchain. It also offers a straightforward path to Algorand’s Staking Rewards.
Step-by-Step Guide to Liquid Staking with Pera Wallet
- Download and Sign in: Ensure you have the latest version of the Pera Wallet app.
- Access Staking: Click the ‘Stake’ button to view available providers. A detailed overview of each provider is available, highlighting different staking options.
- Learn More: If you are unsure, tap the question mark in the upper-right corner for a helpful overview.
- Start Staking: Select a provider and follow the prompts to interact with their application.
- Quick Access: Access staking through the Quick Access menu, located at the bottom of the Pera Wallet app.
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