Since 2019, Aptos has emerged as a leading smart contract blockchain, drawing in a large number of developers and users alike. The platform empowers developers to build decentralized applications, leveraging the full potential of blockchain technology. Meanwhile, validators, such as Everstake, play a crucial role in ensuring the security and stability of the blockchain, a necessary aspect for its success and adoption.
As a dPOS (Delegated Proof-of-Stake) blockchain, Aptos also provides users with the opportunity to participate by staking their cryptocurrency. By delegating their crypto assets to validators, users can earn a passive income in return. This guide will walk you through the process of staking Aptos using the Fewcha Wallet.
What is APT?
APT is the native cryptocurrency of the Aptos blockchain. It serves as a means of transaction and staking on the Aptos network. The token has a vesting schedule and staking rewards, its initial maximum supply was 1 billion APT.
For those unfamiliar with Aptos, it is highly recommended to review the comprehensive introduction provided in the article "What is Aptos: APT Ecosystem Explained." Additionally, you can find a thorough guide to staking APT in the article titled “How To Stake Aptos APT."
A brief overview of the Fewcha Move Wallet
Fewcha Wallet is a secure, multi-chain wallet that supports Aptos transactions. Currently available on PC via Chrome, Brave, and Microsoft Edge browsers, Fewcha leverages Aptos technology to provide fast and seamless daily transactions for both coins and NFTs. It also integrates with hard wallets and popular platforms like Pancake Swap and Kana Labs to enable quick swaps. With Fewcha, you can rest assured that your funds and privacy are fully protected as it is a non-custodial wallet.
How to create a Fewcha Wallet?
Step 1- Install the extension
To get started with Fewcha Wallet, simply open the official website on your PC's Chrome, Brave, or Microsoft Edge browser. Once the page is loaded, the appropriate extension will be displayed automatically according to the browser you are using. Press Get Extension and Add to Chrome/your browser in the next window.
Step 2 - Create a new wallet and confirm your seed phrase
Press Create a new wallet, choose the Aptos blockchain, and create a strong, unique password. Once you have written it down in a safe and secure way, press Continue.
In the next window, you will need to save your seed phrase, then repeat it and press Finish. Please keep the seed phrase and password secure, never share your password or seed phrase with anyone.
How to import APT coins into your Fewcha wallet?
Follow these simple steps to obtain APT tokens and transfer them to your wallet:
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Click on your account number at the top of the wallet – this is your wallet address. If you have another Aptos wallet, you can simply transfer it to Fewcha.
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Choose an exchange to purchase APT tokens, such as Binance, Pancake Swap, or KuCoin.
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Visit the selected exchange and buy APT tokens on the market.
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Withdraw the tokens via the blockchain network to your wallet.
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In both cases, ensure you select the Aptos network when transferring tokens.
Now you have APT tokens in your wallet, ready for staking!
How to stake APT coins via a Fewcha wallet?
Now that your wallet is loaded with APT tokens, click on Stake & Earn APT, then press Stake in the subsequent window.
In the next window, select the Everstake validator or use our staking pool address: 0xdb5247f859ce63dbe8940cf8773be722a60dcc594a8be9aca4b76abceb251b8e
Enter the amount you'd like to stake,11 APT is the required minimum amount to stake. Then click Review and Confirm in the following window.
Congratulations! Your stake has been successfully submitted, and now the rewards will be accrued. To view your transaction, visit the Aptos Explorer.
If you need any assistance, contact our Blockchain Manager via X, Or contact us via Discord.
Start your staking journey with Aptos and Everstake!
