How and Where to Stake Your Ocean Protocol Token (OCEAN)

How to stake your OCEAN token. I’ll try to answer this question here and share with you different ways to earn passive income by staking.

Bancor (link)

Bancor allows you to add OCEAN token in a pool.
You just need to connect your wallet, choose the right pool and add liquidity. (See post below)

app.bancor.network/eth/data

Here, the official post from Bancor who explain how to stake on their platform:

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Ocean Market (link)

As they say,

“Staking on data in Ocean Market is the easiest way to start with. In staking, you earn a cut of the transaction fees as a liquidity provider (LP). You’ll earn additional rewards from Ocean Data Farming program, when that launches.”

market.oceanprotocol.com

Here, a post shared by Trent McConaghy (Ocean Protocol Founder) about stacking on Ocean Market:

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More informations

If you’re in the OCEAN NAVY, you know Crypto Wally. Wally shares many useful and very interesting tweets about altcoin and especially about OCEAN.
Here a thread base on his own research to stake OCEAN Token.

Crypto Wally @CryptoWally2

Many asked me where/how staking with $OCEAN? Short answer: Liquidity provision for Data Token. Just like with ERC20’s on Uniswap. I called safe Bancor over Ocean Market, but NO MORE! Market matured massively and it’s time to treat data as asset and DATA TOKEN AS CRYPTOS! 1/👇

Crypto Wally @CryptoWally2

@TheCryptoNarwal Yeah, I will. And just to clarify: I‘m fine! Just want to have a neutral position in the next weeks. 🌊🙏 I‘ll do one last tweet soon, putting my money where my mouth is - having been asked about „staking“ a lot in DMs the past weeks. ✌️

Please, don’t forget to manage your risk and do your own research before stake your token on any platform.

This is a short post to share with you two ways to stake your OCEAN. Please, feel free to comment this post if you have an other way to do it.