Staking Guide

Staking LDOGE Guide for Beginners

  • Staking – gaining interest for holding a LDOGE balance what equals 500 coins per each stake earned for solving a block on the LDOGE Blockchain what is viewable forever
  • make sure your internet connection is stable throughout the process (unstable internet could cause instability in wallet sync)
  • download LDOGE local wallet
  • visit LDOGE website and download LDOGE installer
  • send LDOGE to local wallet
  • purchase LDOGE at your favorite LDOGE supported exchange or get some free LDOGE by joining the LDOGE DISCORD/ IRC CHANNEL/Telegram channel register your name and then type .faucet
  • Free LDOGE – https://twitter.com/LiteDoge2018/status/1447528399564541962 -howto video use the app https://btcpop.co/faucet/LDOGE https://discord.gg/dVWy7MqE2J
  • withdraw LDOGE to local wallet address from LDOGE_qt
  • always verify that the address is exactly as seen in LDOGE_qt when withdrawing
  • add nodes to LDOGE local wallet
  • open settings > LDOGE conf https://github.com/ldoge/LDOGE/wiki/Sync-Issues-and-Bootstrapping-blockchain
  • add nodes found in LDOGE website or discord pinned message
  • wait for sync to LDOGE blockchain network
  • be prepared to wait a while, grab a cup of coffee or let your wallet sync overnight
  • make sure your wallet stays active (do not exit wallet) and unlocked
  • always back up your wallet before closing the wallet
  • You can stake daily any amount after waiting 8 hours and after every stake for that balance what staked has to wait 8 hours to be available for staking. Recommended amount for daily staking at least 1 or a few times a day is 200,000 coins to 1 million coins aka 1,000,000 the proof of stake diff is over 50 million so it takes a lot to stake daily
  • Staking Pools, if you want a better chance at staking use a staking pool at the discord channel https://discord.gg/dVWy7MqE2J, reddit LDOGE subreddit, IRC LDOGE libera channel tip bot you only need 500 coins to start getting a chance to get entry tickets for 50 coin bonus stakes (TIP BOT ONLY FEATURE) or the normal 500 coins LDOGE stake. Also on https://btcpop.co you can auto stake your LDOGE balance there auto stake gain interest at start of deposit with any amount!
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