How to Stake Enjin Coin (ENJ) — Beginner's Guide 2026

Download and set up the Enjin Wallet

Go to your phone's app store and download the official Enjin Wallet. It works on both iOS and Android-

. Open the app and create a new wallet by writing down your 12-word recovery phrase on paper, not in a screenshot. This phrase is your only backup if you lose your phone. Enjin's Google Play listing puts the wallet's install base above 4 million-

. A common mistake is skipping the phrase backup. Without it, your ENJ is gone for good.

Deposit native ENJ tokens into your wallet

You need ENJ on the Enjin Blockchain, not the older ERC-20 version on Ethereum-

. Buy ENJ on an exchange like Binance or KuCoin, then withdraw it to your Enjin Wallet address-

. Tap "Receive" in the wallet, copy your ENJ address, and paste it into your exchange's withdrawal field. As of July 2026, ENJ trades at $0.0286, per CoinGecko-

. If you still hold old ERC-20 ENJ, migrate it first using Enjin's official migration tool. Staking only works with native ENJ-

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Navigate to the staking dashboard

Open the Enjin Wallet and tap the "Stake" option from the bottom menu-

. Tap "Continue" to move past the introductory screen. Your available ENJ balance shows at the top, along with current network stats and your reward history once you start staking. The Enjin Relaychain produces a new block era every 24 hours, and rewards are calculated at the end of each era-

Choose a nomination pool to join

Tap "View Pools" to see all available nomination pools-

. Each pool has different validators, member counts, and capacity limits. Check each pool's "Members" count: more members means rewards split more ways, but higher total stake can mean better validator selection-

. Look at the "Nominees" section to see which validators the pool supports. If a validator misbehaves, the pool can get slashed and lose part of its staked ENJ-

. The Enjin website lists a current estimated APY of 36.2% as of July 2026, though actual returns shift with network conditions-

. Pick one pool and tap "Join".

Stake your ENJ and confirm the transaction

Enter the amount of ENJ you want to stake. Tap "MAX" to stake your full available balance-

. Tap "Continue" and review your staking settings one final time: pool name, amount, and network fee. Tap "Stake" to submit the transaction-

. Your ENJ locks up and starts earning rewards from the next era. To withdraw, wait 28 eras, about 28 days, for the unbonding period, then tap "Unbond" and later "Withdraw unbonded"-

. As of July 2026, the network's fixed inflation rate is 5% per year, split among all stakers proportionally-