Feb 15, 2023
How to Stake Polkadot (DOT)
Guides · 7 Minute Read · Written by Kilian Boshoff
TL;DR:
- View the current Polkadot staking APR here
- Use the Polkadot Staking Calculator to estimate your rewards
- Lockup: 28 days
- Average commission rate: 6.31%
- Minimum amount required for staking: 100 DOT or 1 DOT for pools
- Estimated time needed to stake your DOT in your wallet: 5 minutes
- Recommended Polkadot staking wallets: Ledger, Subwallet, Talisman Wallet
- Steps to stake:
- Go to Polkadot Staking Portal and connect your wallet
- On the left side of the dashboard, select ‘Pools’ and then click ‘Join’.
- Select a pool then click ‘Join’.
- Confirm and happy staking 🤘