Education
How to stake $CORE token
Core is an Ethereum-compatible blockchain that aims to solve the blockchain trilemma by providing high scalability, security, and decentralization.
The Core token (CORE) is used for various purposes, including staking, governance, decentralized applications, and NFTs.
One of the features of the project is that users can stake the tokens to get a yield from their assets. In this article, you will see how to easily stake your $CORE.
1. Visit the website
Type stake.coredao.org in your browser and search. Once it opens, you will see this, which is the portal for $Core staking.
2. Select validator
After the portal opens, scroll down to see a long list of several validators you can delegate your tokens. Then select one of them. In this article, the first validator, Eternal Mining Pool 1 was selected.
3. Connect your wallet
After choosing a validator, it is time to connect your wallet before depositing your tokens into the validator.
You can either use a Metamask wallet or an OKX wallet. Here we used an OKX wallet. For users without any of these wallets, you can easily create a Metamask wallet or OKX wallet.
4. Delegate your token
Once your wallet is connected, you will be required to choose the number of Core tokens you want to stake.
Once you select the number you want to delegate, click on ‘delegate’ to confirm the transaction, and you are done.
Read also;
Core blockchain; all you need to know
CoreDAO mainnet is live; Huobi and OKX to list it; airdrop coming soon
