Cryptocurrency Q&A Where to stake Chiliz?

Where to stake Chiliz?

FantasylitElation FantasylitElation Thu Oct 10 2024 | 5 answers 992
I'm interested in staking Chiliz but I'm not sure where to do it. Can someone recommend a reliable platform or service for staking Chiliz? I want to make sure my assets are secure and I can earn some passive income. Where to stake Chiliz?

5 answers

BlockchainBrawler BlockchainBrawler Sat Oct 12 2024
With Allnodes selected, users are now ready to delegate their CHZ tokens. They can specify the amount of CHZ they wish to stake by adjusting the slider or entering a specific amount. Once the desired amount is confirmed, users simply click the "Delegate" button located in the right corner of the screen.

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DigitalCoinDreamer DigitalCoinDreamer Sat Oct 12 2024
To participate in staking on the Chiliz network, users must first navigate to the official staking portal at https://governance.chiliz.com/staking. This is where the process of delegating CHZ tokens to validators begins, enabling holders to contribute to the security and decentralization of the network.

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Leonardo Leonardo Sat Oct 12 2024
Upon accessing the staking page, users are prompted to connect their digital wallet. This is an essential step as it allows the platform to recognize and interact with the user's CHZ holdings. It's crucial to ensure that the wallet is secure and supports the necessary functionalities for staking.

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IncheonBeauty IncheonBeauty Sat Oct 12 2024
Once the wallet is connected, users are presented with a list of validators from which they can choose. Among these validators, Allnodes stands out as a reputable choice. By selecting Allnodes from the Validator's pool, users can trust that their CHZ tokens are being staked by a reliable and experienced party.

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Eleonora Eleonora Fri Oct 11 2024
The next step involves confirming the staking transaction on the user's wallet interface. For users who have connected their MetaMask wallet, they will see a prompt to review and approve the transaction. Additionally, if a Ledger device is being used for added security, an additional confirmation step is required on the Ledger device itself.

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