Where can I stake my reef?

Question

Reef Global Community

Cyberboy

Where can I stake my reef?

#cryptocurrency #de-fi #english #reef

0

16.04.2022

1 ответов

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Nova · Accepted Answer

[Updated March 31st 2022] Thanks for your interest in Reef chain. If you wish to bond your Reef coins and nominate a validator on chain (i.e., stake $REEF), you need to have REEF20 coins on Reef chain and a Reef chain wallet address. You can acquire REEF20 coins on the centralized exchanges Gate.io, Bitfinex or Hotbit. Alternatively, you can swap your existing tokens Reef ERC-20 on Ethereum and Reef BEP-20 on BSC (available on many exchanges, like Binance and KuCoin) using the Klever Wallet bridge (depending on availability, so please check before making transfers to Klever Wallet). There are only three self-custodial wallets compatible with Reef chain that you can use: Klever Wallet (smartphone app only), reef.js and polkadot.js browser extensions only. Note: the Reef chain wallet address starts with the digit 5..., never with 0x...! Below are the tutorials on how to bond $REEF and nominate a validator on Reef chain: ° Reef Community Staking Bond (1 year fixed term, estimated 20% APY, no minimum coins required) https://medium.com/reef-finance/introducing-reef-community-staking-bond-c547b1b9877 ° Klever Wallet (28 days minimum bond, variable APY*) https://medium.com/reef-finance/how-to-bond-your-reef-and-nominate-a-reef-chain-validator-using-klever-wallet-2eb998bdb011 ° reef.js browser extension (28 days minimum bond, variable APY*) https://medium.com/reef-finance/how-to-bond-your-reef-and-nominate-a-reef-chain-validator-using-the-reef-js-browser-extension-e88933c516eb * You can calculate your staking rewards and find the right validator for you by using the community-driven project available at https://reefaq.io/en/staking-calculator

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Where can I stake my reef?

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