How to stake Mainnet CRO and optimize returns [DeFi Wallet]
In case you want to stake and earn extra while holding CRO long term then here is how to do it:
- Go to the main page and then tap on “Earn”:
2. Scroll left on the middle section and tap on the “Validator” option:
3. Tap on “CRO Staking”:
4. Input how much CRO you want to stake then proceed to chose the validator. Make sure to choose a validator you trust, some charge as much as 20% commission which is huge. In our case we will pick “Icy Road”, one of the best community validators right now which is offering the best rate possible, note that 5% commission is the minimum you can find.
Now you can confirm the stake and enjoy the staking rewards!
To optimize your returns you should follow the auto compounding tutorial next: https://medium.com/@narcisc2007/you-are-missing-out-on-extra-cro-staking-gains-heres-how-to-fix-it-6e0d41330a26
After staking to a validator I recommend keeping in touch with them one way or another for news or further developments. Having said that I invite you to join our awesome Icy Road community and help us make CRO thrive like never before!