As the entire performance of the Core network depends on staking, we’ll explain how to stake core on MetaMask in this article. Stakers receive a portion of the validators’ CORE rewards when they successfully verify transactions using the $CORE currencies that they have delegated to them.
The most effective approach to contribute to the long-term success of the protocol is to sign up as a delegator on Core DAO. If you are not familiar with it, Core DAO is the decentralized organization responsible for creating the Satoshi Plus ecosystem. It gives a chance for miners to have access to new sources of income by adding hash power to the chain. Let’s explore Core DAO and the best way how to stake core on MetaMask more.
How to stake core on MetaMask and how can you use Core DAO?
Core demonstrates a strong appreciation for the history of the crypto ecosystem and an even greater excitement for Core’s role in its future by drawing inspiration from the concepts of both blockchains. It is a direct and involved approach to help the network achieve its goals.
Users can assign their staked tokens to validators via the Delegated Proof of Stake (DPoS) mechanism of the Satoshi Plus consensus. Holders may also assign any validator as a delegate. Here’s how you can assign your $CORE holdings and get rewards:
- Launch the browser in your MetaMask wallet. Before continuing, make sure that you have added the Core Mainnet to MetaMask.
- Open the MetaMask Browser and navigate to stake.coredao.org.
- You can view a list of validators with their commissions and APRs (Annual Percentage Rates) by scrolling down.
- Delegates can be chosen by clicking on any of the validators. After clicking the button, you will be asked to connect your wallet.
Hope that this short article precisely explains how to stake core on MetaMask. If you want to make further reading, check out our articles below.
- iPhone users can now use Apple Pay to buy crypto on MetaMask
- MetaMask PayPal integration is now available for ETH purchases