Post

Feb 15, 2023

How to Stake Polkadot (DOT)

Guides · 7 Minute Read · Written by Kilian Boshoff


DOT
polkadot

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 🤘