How to stake $AVAX (Avalanche)

Overview:

We will demonstrate the delegation process on Core wallet.

Website: Delegate Directly to Avalanche (AVAX) Network | Core

DxPool Node ID: NodeID-ExJ8FGcRjTGHPBabqkZ3G8NgPsbhQ9EWA

I. Connect a wallet

1. You need to connect your Avalanche Wallet.

<aside> 💡 If you already have your Avalanche Wallet connected, skip to step 2.

</aside>

II. Prepare your $AVAX

1. You will need some $AVAX to start staking, there are some tips about the Avalanche Network that you should keep in mind:

• X-Chain address is to receive funds. Your address will change after every deposit. You can keep using previous addresses.
• P-Chain address is to receive staking rewards and cross chain transfers.
• C-Chain address is to interact with the ethereum virtual machine.

1. We will be using P-chain to conduct staking activities, you may need to swap your coins to the correct chain beforehand.