How to Stake Agoric (BLD) with Nansen

This is a definitive guide to help both newcomers and experienced crypto investors make the most of their Agoric tokens.

The JavaScript-friendly approach of Agoric makes it one of the most promising projects in the Cosmos ecosystem, and staking offers an excellent way to support the network while earning rewards.

What is Agoric and Why Stake BLD?

Agoric is a Layer 1 blockchain built on the Cosmos SDK that revolutionizes smart contract development by enabling programmers to use JavaScript – the world's most popular programming language. This accessibility opens blockchain development to millions of developers worldwide, potentially accelerating adoption and innovation in the space.

The native BLD token powers the Agoric ecosystem and offers compelling benefits for those who choose to stake:

Benefits of BLD Staking:

• Attractive Rewards: Earn passive income through staking, with APYs currently ranging from 8% to 13% depending on your chosen validator
• Network Security: By staking, you help secure the Agoric blockchain through its Proof-of-Stake consensus mechanism
• Governance Participation: Gain voting rights on important protocol decisions that shape Agoric's future
• Support JavaScript Adoption: Your stake helps maintain and grow a blockchain that's making smart contracts accessible to mainstream developers

With these advantages in mind, let's explore how to buy BLD before diving into the staking process.

How to Buy BLD: Step-by-Step Guide

Before you can stake Agoric tokens, you'll need to acquire them. Here's a comprehensive guide to purchasing BLD:

Option 1: Buying BLD on Centralized Exchanges

Several exchanges offer BLD trading pairs:

Using Gate.io:

1. Create an account on Gate.io and complete the verification process
2. Add funds to your account via bank transfer, credit card, or cryptocurrency deposit
3. Navigate to the Markets section and search for BLD
4. Purchase BLD using trading pairs like BLD/USDT
5. After purchasing, withdraw to your personal wallet for staking

Using BitMart:

1. Set up and verify your BitMart account
2. Deposit funds through your preferred method
3. Find BLD in the spot market trading section
4. Execute your purchase at your desired price
5. Transfer tokens to your staking wallet

Using CoinEx:

1. Create and verify your CoinEx account
2. Fund your account with fiat or cryptocurrency
3. Search for BLD trading pairs
4. Place your buy order
5. Withdraw BLD to your compatible wallet

Option 2: Using Decentralized Exchanges

For those preferring decentralized platforms:

1. Set up Keplr Wallet as a browser extension
2. Fund with ATOM or other IBC tokens like OSMO
3. Visit Osmosis DEX (app.osmosis.zone) and connect your wallet
4. Navigate to the "Trade" section
5. Swap your tokens for BLD using available liquidity pools
6. Your BLD will be stored directly in your Keplr Wallet, ready for staking

How to Stake BLD with Nansen

Nansen offers a streamlined experience for staking BLD tokens:

1. Go to the Staking Page
   Visit BLD on Nansen's Staking Hub‍
2. Link Your Wallet - Click the 'Stake' button and select Tendermint network. Choose your wallet from the supported options - Keplr, Leap, and Ledger‍
3. Decide Your Stake Amount - Input how many BLD tokens you want to delegate. Remember to keep a small amount (0.1-0.2 BLD) for future transaction fees‍
4. Verify and Approve - Double-check all details and confirm your transaction. Once processed, your BLD tokens will begin earning staking rewards automatically.

Why Stake BLD on Nansen

Staking BLD through Nansen offers significant advantages for both newcomers and experienced crypto investors.

We have established itself as a trusted staking provider, with tremendous growth following since acquiring StakewithUs. The platform now manages over $1 billion in staked assets in staked assets across numerous blockchain networks.

We've already partnered with many leading blockchain networks and plan to add more chains and custodial services soon.