How to stake pendle coin?

BTCC, a leading cryptocurrency exchange, provides a range of services that cater to the needs of crypto enthusiasts, including spot trading, futures trading, and wallet services. By leveraging BTCC's wallet services, users can securely store their PENDLE tokens while taking advantage of the exchange's robust security measures.

Acquiring PENDLE (PENDLE) tokens is the initial step towards staking them. Before engaging in staking, it's essential to own the tokens. Various methods exist for obtaining PENDLE, including purchasing them on reputable cryptocurrency exchanges or participating in airdrops and other promotional activities.

After selecting a PENDLE wallet, the next step is to delegate your PENDLE tokens for staking. Delegation involves entrusting your tokens to a staking pool or validator, who will then use them to support the Pendle network and earn rewards.

Once you've successfully acquired PENDLE tokens, the next crucial step is selecting a secure Pendle wallet to store them. A Pendle wallet is specifically designed to hold and manage your PENDLE tokens, ensuring their safety and accessibility.

When delegating PENDLE, it's advisable to use a staking pool, as this can help diversify risk and simplify the staking process. Staking pools aggregate tokens from multiple users, allowing them to participate in staking with greater efficiency and earning potential.