How to Stake With Stellar Lumens (Claiming Inflation Rewards)

If you're like me you may not know that you can actually earn Stellar Lumens just by holding them. This isn't traditional staking but rather a mechanism called inflation. Every Tuesday at 00:00 GMT there is a distribution of new coins to all qualifying votes at a rate of 1% per year. Unless you have a huge number of Lumens the easiest way to benefit is through an inflation pool like lumenaut. In this video I show you how to receive inflation payouts by setting the inflation destination in your desktop wallet.

Official Site: stellar.org
Lumenaut Pool: pool.lumenaut.net/
Foxlet Wallet: wallet.stellar.chat/

#stellar #lumens #inflation #crypto #staking

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