Waves It's one of my preferred crypto ecosystems; they label it 'Blockchain for the masses' and it offers some really cool functionalities. Personally, I invest in Waves and I'm optimistic about its trajectory. On the Waves platform, crafting your own tokens is as simple as a few clicks—it's truly user-friendly. There's also a decentralized exchange (DEX) where you can trade these tokens and mainstream ones like Bitcoin and Ethereum.
While Bitcoin and Ethereum typically operate on Proof of Work systems through mining, Waves takes a different approach. Leased Proof-of-Stake Waves holders have the unique opportunity to lease their tokens, thereby helping secure the blockchain while earning rewards for their contribution. This approach lets you securely maintain possession of your Waves, lease them to a pool, and receive additional Waves or Miners Rewards as compensation. You can exchange these rewards on the DEX either for more Waves or a variety of other tokens or currencies.
This guide will equip you with the knowledge to establish your Waves wallet and commence leasing your tokens to generate supplementary earnings.
Waves Wallet
Starting your Waves journey requires setting up a Wallet, which will serve both as a storage location for your tokens and as an entry point to the DEX. Leasing is also conducted from this Wallet. You can either download it or add it as an extension to your Chrome browser. from the official website here .
Alternatively, you can create your wallet by visiting the official site, Waveswallet.io where an online wallet is accessible through any browser. Upon creation, you will be assigned an address and will need to provide a name and set a password, along with a wallet seed comprising various words— be sure to record this data carefully and store it securely . Consider saving a copy on a thumb drive as a backup.
Purchasing Waves & Using Faucets
To get started with staking Waves, acquiring them from an exchange is necessary. You can find them listed on platforms like following exchanges . Personally, I prefer Bittrex for my Waves acquisitions, although direct purchases within the Lite Wallet using USD are also available.
If you're simply looking to test the waters without spending, websites known as 'Faucets' offer free Waves. By entering your Waves wallet address, these platforms can send you a trial amount, occasionally including bonus tokens that you can either retain or trade on the DEX.
Waves Leasing
After obtaining Waves and transferring them to your Wallet, you can begin the leasing process. I personally recommend Waves Go for this purpose; they distribute payouts every Friday, providing Waves, Miner Rewards, and their proprietary Waves Go tokens.
List of Waves nodes for leasing:
- wavesgo.com Receive 100% of tokens and 50% in both mrt and WavesGo tokens (enjoy a profit share from the WavesGo website 3P2HNUd5VUPLMQkJmctTPEeeHumiPN2GkTb)
- wavesfullnode.com Receive full tokens and MRT's share 3P4MRJvttkghWsXxGZ61kqd2M79GtLujoey
- wavescommunitynode.com Receive total tokens and MRT's share 3PDxnbR1UTXrj84smhUP5m8WidRJjujfmCm
- wavesnode.com 100% / 95% mrt 3P33D6UePSWhgdL9PfB9Mm4rVSTJrgV7i47
- wavespool.net Full token share / 90% MRT's share 3P3RD3yJW2gQ9dSVwVVDVCQiFWqaLtZcyzH
- pospool.io 98% in tokens & MRT 3PNMvAqJWYPkwf8fhz46rZiLEWpTmuhD3Uh
- wavesnode.net All tokens and 85% MRT 3P23fi1qfVw6RVDn4CH2a5nNouEtWNQ4THs
- bearwaves.nl Receive max tokens / 75% MRT 3PEFQiFMLm1gTVjPdfCErG8mTHRcH2ATaWa
To lease your Waves, simply copy the address from your selected node and access the Lite Client. Click the “L” icon at the top, input the recipient’s address and the leasing amount, and then hit the “Lease” button.
It's straightforward from there—just await your weekly rewards. Remember, during leasing, your Waves remain locked, so if you wish to sell or transfer them, you'll need to end the lease.
Waves Rewards
As explained, you receive Waves rewards periodically, weekly or monthly, depending on the pool. Additionally, an airdrop of Waves Community tokens occurs every 15th, providing free tokens to Waves holders, which can be reserved or sold on the DEX.
Conclusion
If you adhere to our comprehensive guide, you'll be leasing your Waves in no time. Feel free to reach out in the comments if any queries arise.
4Comments
We’re offering an additional 120% for a limited period with a complete share repayment.
lease your waves at this address:
3PGr45VFDgK6KQmg1BZB2n1vGzgwAqt5RrC
– 100% share back whatever we’ll earn
- 99.9% server uptime with dedicated server facilities
- Clear and transparent operations
– No registration needed
– Weekly payment!
- Waves fees: 100% routed back to you (we retain nothing)
- Miners’ Reward Tokens (MRT): 100% returned to you (we keep 0%)
– Other Tokens: 100% distributed to you
- A nominal fee of 0.5% or 1% might be implemented in the middle of next year
– Get 120% extra for limited time
Access your Waves wallet (via the Lite Client) and head to the leasing section. Enter the specified address and the number of Waves you wish to lease.
3PGr45VFDgK6KQmg1BZB2n1vGzgwAqt5RrC
For Further details check
http://waves-lease-pool.bitballoon.com/
Hi, thank you for the article.
Could you guide me on how to transfer my Waves acquired from an external exchange like Bittrex to my Waves wallet?
Thank you
To transfer, open your Waves Wallet and locate the two arrows at the bottom. Click the one for download—this is your deposit address. Copy it and log into the platform with your Waves holdings. Initiate withdrawal by clicking the appropriate icon and paste your Waves deposit address, then follow the prompts. That’s how I swap BTC between Coinbase and Binance. Good luck!
Am I correct in assuming that I can safely close the Waves Client once leasing is initiated?