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credit to Interstellar
  1. Store AION in a Wallet
  2. Stake (“Delegate”) Your AION

Stakonomics

AION’s tokenomics are stable while staking rewards are dynamic.

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http://aion.theoan.com/wp-content/uploads/sites/2/2019/11/Unity_Economics_Overview.pdf

1. Buy AION

You can buy AION on cryptocurrency exchanges. The process for signing up for an account and trading on an exchange varies, and you should review the instructions provided by the exchange before use. The following exchanges (and more) currently support AION:

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2. Store AION in a Wallet

In order to stake your AION, you need to withdraw it from the exchange to a wallet whose keys you control. There are many AION wallet options to choose from, including:

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3. Stake (“Delegate”) Your AION

The Open Application Network has released a simple staking interface for users to stake by delegating their AION to one or more staking pools:

Staking.TheOAN.com

Thorough documentation about staking is available here: docs-Aion.TheOAN.com/docs/staking

  • B. Choose a Pool
  • C. Delegate

A. Sign in

To begin, you need to connect your wallet to the staking interface.

B. Choose a Pool

After you have signed in to access your wallet, click on the “Staking” tab on the left menu of the interface. You will be shown a list of staking pools and information about each pool, including their name, status, fees, and performance.

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C. Delegate

Once you have chosen the pool(s) you wish to delegate to, click the “Delegate” button for that pool on the far right.

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And that’s it! You are now contributing to The Open Application Network’s security while earning more AION!

I’m Staked — What Happens Now?

After you complete a delegation, you can view the transaction on The OAN’s dashboard within a minute or two, or on the dashboards from Staking Facilities, Aion Smart Stake, and BloxBean.

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Written by

Joseph is a Chicago trial attorney interested in blockchain technology and alternative dispute resolution.

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