How do I stake LUNC?

Could you please elaborate on the process of staking LUNC? I'm interested in understanding the steps involved, any requirements I need to fulfill, and any potential risks or rewards associated with staking this particular cryptocurrency. Is there a specific wallet or platform I should use, and are there any fees associated with the staking process? Additionally, could you provide some insight into the benefits of staking LUNC and how it might impact the overall ecosystem of the project?