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What is the minimum amount required to start staking AVAX on AVAXStaker?

avatarSwaraj UpadhyeDec 27, 2021 · 3 years ago3 answers

I would like to start staking AVAX on AVAXStaker, but I'm not sure what is the minimum amount required to get started. Can someone please provide me with this information?

What is the minimum amount required to start staking AVAX on AVAXStaker?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    To start staking AVAX on AVAXStaker, the minimum amount required is 10 AVAX. This is the minimum threshold set by the AVAX network to ensure the security and decentralization of the network. By staking your AVAX, you can earn rewards and contribute to the overall stability of the AVAX network.
  • avatarDec 27, 2021 · 3 years ago
    The minimum amount required to start staking AVAX on AVAXStaker is 10 AVAX. This is a relatively low threshold compared to other staking platforms, making it accessible for a wide range of users. By staking your AVAX, you can participate in the consensus mechanism of the AVAX network and earn passive income in the form of staking rewards.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to staking AVAX on AVAXStaker, the minimum amount required is 10 AVAX. This means that you need to have at least 10 AVAX in your wallet to be eligible for staking. By staking your AVAX, you can help secure the AVAX network and earn rewards for your contribution. It's a great way to put your AVAX to work and earn passive income in the process.