<h2 class="wp-block-heading"><strong>What is Ankr?</strong></h2><p>Ankr is a decentralized blockchain infrastructure provider that operates globally-distributed nodes across more than 50 PoS networks. Ankr combined developer infrastructure (full nodes) with staking infrastructure (validator nodes) as the growth of various PoS blockchains necessitates a strong focus on security.&nbsp; Ankr aims to serve the vast needs for increased node infrastructure necessary to develop and operate dApps on PoS blockchains.</p><p>The token that powers the network is ANKR<strong> </strong>and it is used for paying for Ankr Network Premium Plans under a pay-as-yougo model, paying collateral deposits (self stake) required to become a node provider, incentivizing node providers for serving network traffic and incentivizing ANKR token stakers for helping to secure Ankr Network, providing a means of payment for independent node auditors, as well as voting on proposals in the Ankr DAO. This tutorial will show you how to stake your ANKR tokens on the <a target="_blank" rel="noopener noreferrer" href="https://www.ankr.com/staking/dashboard/">Ankr Staking Dashboard</a>.</p><h2 class="wp-block-heading"><strong>Prerequisites</strong></h2><h3 class="wp-block-heading"><strong>Where to buy ANKR</strong></h3><p>You can get ANKR tokens at a cryptocurrency exchange, at a DEX, or within select wallets. You should always do your own research when selecting a reputable cryptocurrency exchange. For best security, it is not recommended to leave your tokens on an exchange, but transfer them to your non-custodial or cold/hardware wallet after procuring them.</p><h3 class="wp-block-heading"><strong>Ankr wallets</strong></h3><p>Ankr has a variety of non-custodial wallets for you to choose from. We recommend that you use a hardware wallet such as Ledger otherwise we suggest using Metamask wallet. Compatible wallets include:</p><ul><li><a target="_blank" rel="noopener noreferrer" href="https://www.ledger.com/">Ledger</a> (through Metamask)</li><li><a target="_blank" rel="noopener noreferrer" href="https://chrome.google.com/webstore/detail/metamask/nkbihfbeogaeaoehlefnkodbefgpgknn?hl=en">Metamask</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://trustwallet.com/">Trust wallet</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://www.coinbase.com/wallet">Coinbase</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://wallet.coin98.com/">Coin98</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://www.huobiwallet.io/">Huobi Wallet</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://www.token.im/">imToken</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://www.mathwallet.org/">Math Wallet</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://www.okx.com/">OKX</a> (doesn’t support Gnosis network)</li><li><a target="_blank" rel="noopener noreferrer" href="https://walletconnect.com/">WalletConnect</a></li></ul><h3 class="wp-block-heading"><strong>How to connect Ankr to Metamask</strong></h3><p>At the bottom of your Metamask wallet interface, click on ‘<strong>import tokens</strong>’. Then paste the Ankr token contract address on Ethereum (0x8290333ceF9e6D528dD5618Fb97a76f268f3EDD4), input the token symbol and decimal as follows. Press ‘<strong>Add custom token</strong>’ and then ‘<strong>import tokens</strong>’.</p><p><img src="https://lh4.googleusercontent.com/1Nu8cw2PbZmm0DizUD1KDF8-oWYCmO6iszCY9XYPImQH__gynJ6gm5npp4RKVGNqcdmsGTP9UaO4R4IhlEw8hkoeFnx9T0MtUQqmjYxfw90MYZga4Ubg3KiQ0KFVdUUZBvHZQaU4Gg-XopTp4lr526k" decoding="async" loading="lazy" width="258" height="435"></p><h2 class="wp-block-heading"><strong>Selecting Ankr validators</strong></h2><p>Please refer to the FAQ section titled ‘How do I choose Ankr validators (node providers)’’ on<a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/earn/ankr/"> this page</a> when selecting Ankr validators. Also, you may want to utilize our criteria for verifying providers through the <a target="_blank" rel="noopener noreferrer" href="https://docs.stakingrewards.com/verified-provider-program/">Staking Rewards Verified Staking Provider (VSP) Program</a>.</p><h2 class="wp-block-heading"><strong>How Staking Rewards for ANKR are Generated</strong></h2><p>Learn how rewards are generated in the FAQ section titled ‘How are the rewards generated’’ <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/earn/ankr/">here</a>.</p><h2 class="wp-block-heading"><strong>How to stake ANKR</strong></h2><h3 class="wp-block-heading"><strong>Step 1: Make sure you have Chrome and Metamask Wallet Extension</strong></h3><p>Meatask wallet is a popular self-custody wallet for storing ERC-20 tokens and offers users the ability to stake their tokens, use blockchain apps and manage multiple tokens in one wallet. You can install the Metamask Wallet Extension <a target="_blank" rel="noopener noreferrer" href="https://chrome.google.com/webstore/detail/metamask/nkbihfbeogaeaoehlefnkodbefgpgknn">here</a>. You can swap other tokens, e.g. ETH and USDT, to ANKR <a target="_blank" rel="noopener noreferrer" href="https://app.1inch.io/#/1/unified/swap/ETH/ANKR">here</a>.</p><figure class="wp-block-image"><p><img src="https://lh3.googleusercontent.com/H_h_TO4eCuqSztoMsTNDcpnUHcuYX7X1ND-ATJPlEz4pmhd-bHO2pGzVnzYVqMgDG7zzgyGc0Am6arF2R_TXygGKcCCG13OgsoPJdSqyaNmOE21Vm5Kg9eAoffTbBiVbrtjbk97u9UUIWjvJ10az9q4" alt="How to stake ANKR" decoding="async"></p><figcaption class="wp-element-caption">How to stake ANKR</figcaption></figure><h3 class="wp-block-heading"><strong>Step 2: Navigate to the Ankr Staking Dashboard</strong></h3><p>Go to the <a target="_blank" rel="noopener noreferrer" href="https://www.ankr.com/staking/dashboard/">Ankr Staking Dashboard</a> and connect to your Metamask Wallet by clicking on “<strong>Connect Wallet</strong>”.</p><figure class="wp-block-image"><p><img src="https://lh4.googleusercontent.com/ZY2plxveuLvdRmk3ogctftnvd5mofO2jAzQW56wzcCHl2OifayNOoPjS1kEOWiWvzi_sEugDu7F4lFbYrj_jKOod_MHbyVuqAtAMQTU0ZraZ1LuCzD-Pem3LRv7ZMB-JXkBOy8LNik_49dst7UDZo8E" alt="How to stake ANKR" decoding="async"></p><figcaption class="wp-element-caption">How to stake ANKR</figcaption></figure><h3 class="wp-block-heading"><strong>Step 3: Click the ‘Stake’ button</strong></h3><p>After you’ve connected to your wallet, click on ‘<strong>Go to Staking</strong>’, hover on the Ankr interface and you will see a ‘<strong>Stake</strong>’ button, click on it.</p><figure class="wp-block-image"><p><img src="https://lh3.googleusercontent.com/XgnH8wk_VE2gQq1cRcTMWV9ZyEU-_gRGPNw5SBF3tEZCWgCqqGSIHMw_Iuk60N9PxPOT_HhHOBGMajqUXCXcI2BSucdf_krMJhPrLg3FUuPu_S5lyWog0nK1K2tVpeMNMN1j5Ek8fK94Aj1oLJhGCwI" alt="How to stake ANKR" decoding="async"></p><figcaption class="wp-element-caption">How to stake ANKR</figcaption></figure><h3 class="wp-block-heading"><strong>Step 4: Enter the stake amount and select a validator</strong></h3><p>You will now be shown an interface for you to enter the amount of ANKR tokens you would like to stake, and choose a node provider (currently only Ankr is available).</p><figure class="wp-block-image"><p><img src="https://lh4.googleusercontent.com/4fhmenW8BZdW2MjDQKiQcKPvLQuNP6mMn8yBUfF7immzFyZ8lVrLIIdb6irpmkosYVoQixH3vCMqhknV-CVuHRsiGcXvqAJf65hzTz5ceNBBYzEckQmUmQmMantxgLG-gVz0CePdL0oHaUfO26opBVo" alt="How to stake ANKR" decoding="async"></p><figcaption class="wp-element-caption">How to stake ANKR</figcaption></figure><h3 class="wp-block-heading"><strong>Step 5: Finalize the staking process</strong></h3><p>Finalize by clicking ‘<strong>Approve</strong>’ and confirming the access approval in MetaMask. After it’s been approved, click ‘<strong>Stake</strong>’ to send your delegated stake to the chosen node provider, and confirm the transaction in Metamask.</p><figure class="wp-block-image"><p><img src="https://lh6.googleusercontent.com/SEktJA9iunw8S6EV0t9O_Nc123CjGO0bsvx7BuapQCa1ZwG-zgZb7kj8zsZlVxj3UlhkGy_nHljLc50D7ez6SC4OrveqPLjRY07zcfoENjBlvUTDYP3l5Lnr6njn4NS5CNJy0OzBLQ89Y6Jthn-wMqI" alt="How to stake ANKR" decoding="async"></p><figcaption class="wp-element-caption">How to stake ANKR</figcaption></figure><h2 class="wp-block-heading"><strong>Conclusion</strong></h2><p>Staking is essential to Proof-of-Stake blockchains and comes with many benefits for investors and the network:</p><ul><li>Investors earn yield from token emissions and/or transaction fees.</li><li>Stakers become eligible for airdrops as many networks prioritize granting these benefits to them.</li><li>Staking helps to decentralize the network.</li><li>A higher staked balance enhances network security.</li><li>Stakers can participate in governance, as many PoS networks allocate governance rights based on the amount of tokens staked.</li></ul><p>Congratulations! You are now not only getting the most out of your investment with compounded returns. YOU are also (in-)directly contributing to the decentralization, and the network security of Ankr and thus contributing to the long-term success of your investment! Ankr needs active stakers like you to become successful long-term.&nbsp;</p><p>Now share the tutorial with your friends so they can get to start staking as well!</p><p>Lastly, don’t forget to check out the <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/earn/ankr/">Ankr asset page</a> for more insights into staking ANKR, and drop us a <a href="mailto:content@stakingrewards.com">message</a> if you found this tutorial useful. Happy staking!</p>

How to stake ANKR

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