<h3 id="about-starknet">About Starknet</h3><p>Finally, the time for L2 decentralization has come to the Ethereum ecosystem!</p><p><a href="https://www.starknet.io/?ref=p2p.org" rel="noreferrer">Starknet</a> staking will allow token holders to capture some of that missing revenue flow that was fragmented to L2s. Moreover, the Starknet team has done a perfect job of making their staking permissionless and available to everyone. In the case of Starknet, this is genuinely permissionless.</p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Everyone can spin up a Starknet node, stake 20000 STRK, and start validating the network.</div></div><p></p><p>Only the full node is required in the first phase of staking, but in the second phase, which will start in Q2-Q3 2025, the participants will also be required to run ZK provers.</p><p>If you’re not interested in supporting the hardware yourself, you can delegate this responsibility to others, including <a href="P2P.org" rel="noreferrer">P2P.or</a>g. Also, <strong>it is more economically reasonable to delegate to a bigger operator since the active set with Starknet is limited, even though it is rotated every epoch.</strong></p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">P2P.org offers 0% fees, so if you delegate to us, you’ll save on the expenses of running your own infra and maximize the number of rewards you’re getting.</div></div><p><br><br>Here is a guide on how to delegate your STRK to P2P.org.</p><h3 id="creating-an-account">Creating an account</h3><p>Even though Staknet is L2, it is not EVM, so your Ethereum address and wallets will not work here. The Starknet ecosystem has two key wallets: <a href="https://www.argent.xyz/?ref=p2p.org" rel="noreferrer">Argent</a> and <a href="https://braavos.app/?ref=p2p.org" rel="noreferrer">Braavos</a>. You can also use your Ledger with those wallets for <a href="https://www.ledger.com/?ref=p2p.org" rel="noreferrer">Ledger</a>-level security.</p><p>You can download the wallet from Argent or Braavos’ website. Remember to back up your seed phrase!</p><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeXDm0FQd90kavXCBYI8O9zbrERySS_4KLnMIVuCwhM4xqb5ZVPjBovDUb9-UnfXrs_J9Uae0dnmL8U7TEW5UOMnhnj1qouD0MuWLujjGajWBTA8sVCI7XVcprfoJ5_QVSd1I22zg?key=uo6RaIOkZEVXfVYf6Q4SlAU0" class="kg-image" alt loading="lazy" width="692" height="1184"></figure><p><br>Now, you need to get your tokens onto this new wallet. You can transfer STRK or ETH from a centralized exchange of your choice. You can bridge your tokens from other ecosystems using a variety of bridges, but the safest way is to use the Starknet official bridge to transfer your tokens from Ethereum L1.</p><p>To connect your Ledger to Starknet, you can use the <a href="https://www.starknet.io/blog/using-ledger-with-argent/?ref=p2p.org#add-ledger-to-an-existing-multisig" rel="noreferrer">instructions<u> from Argent & Starknet</u>.</a></p><p>Developer mode is no longer necessary; the app is now in full production mode. Go to your Ledger Live app, click on My Ledger, and find the Starknet application there. Then, click Account in the top left corner of your Argent app. Then, follow the instructions to add a new account.</p><h3 id="where-to-stake">Where to stake</h3><p>One of the options we recommend is <a href="https://www.stakingrewards.com/stake-app?input=starknet&type=pos&provider=p2p-validator&ref=p2p.org"><u>Staking Rewards</u></a>, where you can stake not only STRK but many other assets.</p><p>The step-by-step you can see here. (uploading the video, it's coming soon!)</p><p>Alternatively, here's a step-by-step text guide:</p><ol><li>On <a href="https://www.stakingrewards.com/stake-app?input=starknet&type=pos&provider=p2p-validator&ref=p2p.org" rel="noreferrer">Staking Rewards</a>, go to the Stake tab:</li></ol><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdQCPxpw8PCOSdLO3vDQ_ieZJWIxnVJw7g7Khu4dix9AkFNfs8eishpYa1Upwu1fdGee-jC9j-7NlAucC8epPTm-YnlwIVv7xwWKzSFROgcWouC4EiLXn4HXiMwM8CRtH-qZH-D?key=uo6RaIOkZEVXfVYf6Q4SlAU0" class="kg-image" alt loading="lazy" width="1600" height="918"></figure><ol start="2"><li>Click on the asset to change it to STRK</li></ol><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeK5TSzc9xvhndsCSkI3tXbYoxzTYmLEYSq2JDt0Opbin3LlxEOo5NVnDiMbTuVEgSHpWGoRNZy1B77ONzwMVyDl0ECu8Al00Zs3hCwR5Rgk5FKag2wS_ajxldY4fkbbJT2lhy6?key=uo6RaIOkZEVXfVYf6Q4SlAU0" class="kg-image" alt loading="lazy" width="1600" height="682"></figure><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfG7dZtWJdiVHLAftgKWxdOOdleBCTSbHzR3LqfkLWYHSB5LqnKJnIqq9PmIvTnFnXOTprRhNBIa52In4avhRx76XyuD2Zu3rnB-yVs4114LC1-24VVU2XDuv-DsOpZCWq7SV6B?key=uo6RaIOkZEVXfVYf6Q4SlAU0" class="kg-image" alt loading="lazy" width="1600" height="741"></figure><ol start="3"><li>If this is not P2P.org, please switch it to <a href="P2P.org" rel="noreferrer">P2P.org</a> to stake with us</li></ol><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeqiPrf5_osp-PjeajqSYM32vGL3m-e23E3PH_DOwsi1t_SKF8gz3NHm18BGBXUYfIZv7jZEThCr5Vw1QqFjtqZ1jtGGYEsa-74_I0m3UejDW7NhhP6E_B2DHOXtH-TODstk_onPA?key=uo6RaIOkZEVXfVYf6Q4SlAU0" class="kg-image" alt loading="lazy" width="1600" height="908"></figure><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfQ3DHJusqW2y8t7UzZCGsBhE31Lm2mmTnyXwOA9WySi4LPM7cxPMCZx8K1LNHlj4NC0kPrCYGznw14BQv6Cnh9A3k1Z19C2MrZ0ZCQEhAmv-u7DG8OWMfYpRhLkccp2ezla7kS?key=uo6RaIOkZEVXfVYf6Q4SlAU0" class="kg-image" alt loading="lazy" width="1600" height="906"></figure><ol start="4"><li>You may proceed by clicking "Connect wallet" and "Stake now." If your wallet is already connected, you may click "Continue to Stake."</li></ol><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdzJJtaIioriHJySwviZORRRGrQ_qPm1MICuArTj75YnZnfXYgo1OjeM1IE80vzATPjYArfOKU2cyT3DmhofZeQ3od0AVwjnzZuOBr8uLldW1iJyUl_fbzr9fkA2e2cxMCpPlmDgQ?key=uo6RaIOkZEVXfVYf6Q4SlAU0" class="kg-image" alt loading="lazy" width="1600" height="1039"></figure><ol start="2"><li>A popup will appear, and your wallet will open automatically</li></ol><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfCEqTjLxxQ0nQtIan4qfiKXip94dQHWRtANOG_lheLVQ_miZcNEEInG9K-KNZvlDBUAQayxPg-DBZVDEhLHJ98BPj8LckXfBf8aa7O6ibzKYOVTbxV4c5bF2TTYChz3zVMBJ5Srg?key=uo6RaIOkZEVXfVYf6Q4SlAU0" class="kg-image" alt loading="lazy" width="1600" height="1039"></figure><ol start="3"><li>Sign the staking transaction by clicking the "Sign" button.</li></ol><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXckjsRD2lTrWby4V7qB62TgWw7UXl79-zkmBnnH299-GmH9khRImdoFeG11wJjJ3sCH_JR0L2FUZm-NGyPsU3c2KipvNA5CN93NTPR9Cr_EpRPFJNhgWpnMgGoj9VdZtiqoymVQYg?key=uo6RaIOkZEVXfVYf6Q4SlAU0" class="kg-image" alt loading="lazy" width="1600" height="1039"></figure><ol start="4"><li>Congratulations! You've staked your Staknet tokens. Now, you can check your stake and rewards on the dashboard with the Staking Rewards platform.</li></ol><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXehzKVxr0aek4_7gNoUNDZPVFK6vhIdXJM5tiYU8E1vLBxTmDeyKSK1V2H-zvC04DGOfoNRsMHvCNObeLMIk5rYlt6FPglvyMRl7cD9eCl53Qq9m8ByG7SCjdcprvXjBGKs6Jbu?key=uo6RaIOkZEVXfVYf6Q4SlAU0" class="kg-image" alt loading="lazy" width="1600" height="1039"></figure><figure class="kg-card kg-image-card"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeVO0TK6Q6RSk2bOYL6DPuccywuE2c72_sx4EXJ3dZiOGvwfz8aNckhnRLfriZJ9xw4Hu4wQE8uWJ3sTP__IeAEwQsfSEjBJAa1PPK9x8LUpqxYRIbYvW8IxIAwOvMc3Lu-dV0x?key=uo6RaIOkZEVXfVYf6Q4SlAU0" class="kg-image" alt loading="lazy" width="1600" height="1039"></figure><p></p><h2 id="about-us">About Us:</h2><p>P2P.org is an early supporter of <a href="https://www.starknet.io/?ref=p2p.org" rel="noreferrer">Staknet</a>.</p><p>We've prepared this comprehensive guide to answer all your questions about Starknet Staking. We encourage you to read it to gain deeper insights into how the STRK staking works.</p><p>But in case you still have some questions:</p><hr><p><strong>Contact Us</strong></p><p>We are always open to communication. Do not hesitate to ask questions in our Telegram chat. For any questions or support, please get in touch with our team at <a rel="noopener">[email protected]</a>.</p><p>We encourage you to check our website and start our staking journey together!</p><ul><li><strong>Web</strong>: <a href="https://p2p.org/?ref=p2p.org" rel="noopener">https://p2p.org</a></li><li><strong>Blog</strong>: <a href="https://p2p.org/economy?ref=p2p.org" rel="noopener">https://p2p.org/economy</a></li><li><strong>Twitter</strong>: <a href="https://twitter.com/p2pvalidator?ref=p2p.org" rel="noopener">@p2pvalidator</a></li><li><strong>Telegram</strong>: <a href="https://t.me/P2Pstaking?ref=p2p.org" rel="noopener">https://t.me/P2Pstaking</a></li></ul>
from p2p validator
<p>This guide provides step-by-step instructions on setting up an account in the Avail network and staking AVAIL tokens using your account.</p><h3 id="understanding-ss58-format"><strong>Understanding SS58 Format:</strong></h3><ul><li><strong>What is SS58?</strong> SS58 is an address format Avail uses based on the Substrate framework that supports various blockchain solutions.</li><li><strong>Features</strong>: This format helps create shorter, more recognizable addresses. It includes a network-specific prefix, which adds a layer of security and helps in network identification.</li><li><strong>Security</strong>: Always ensure that the SS58 address matches the network you are interacting with to avoid cross-network errors or vulnerabilities.</li></ul><h3 id="creating-an-account">Creating an account</h3><p>To create an account, choose a trusted SS58-compatible wallet like <a href="https://www.subwallet.app/?ref=p2p.org">SubWallet</a> or <a href="https://www.talisman.xyz/?ref=p2p.org">Talisman</a> or use the Polkadot JS browser <a href="https://polkadot.js.org/extension/?ref=p2p.org">extension</a>.</p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">🔐</div><div class="kg-callout-text"><b><strong style="white-space: pre-wrap;">Security tips:</strong></b> After creating your account, securely store your seed phrase. Please write it down on paper and store it in a secure location, such as a safe. Do not store it digitally to avoid the risk of digital theft.</div></div><h3 id="connect-account-to-avail-js-portal">Connect account to Avail JS portal</h3><p>Visit the <a href="hootsuit.com is an automated social media management tool that allows us to schedule and share content, monitor what people say about our brand and track performance. We also need it for consistent and periodical reporting." rel="noreferrer">Avail JS</a> portal using a Chrome browser. Upon connecting, your wallet will request authorization. Navigate to the 'Accounts' tab to view your account balance and details.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.51.18.png" class="kg-image" alt="Screenshot 2024-04-16 at 12.32.44.png" loading="lazy" width="2000" height="695" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Screenshot-202024-07-24-20at-2017.51.18.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Screenshot-202024-07-24-20at-2017.51.18.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Screenshot-202024-07-24-20at-2017.51.18.png 1600w, https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.51.18.png 2000w" sizes="(min-width: 720px) 720px"></figure><p>The account should appear on the screen. This account will be your stash. You can have as many accounts as you like.</p><p>We will continue with a single account, but if there are multiple ones, the following creation process should be repeated for each one.</p><h3 id="bond-the-amount-of-avail-you-wish-to-stake">Bond the amount of AVAIL you wish to stake</h3><ol><li>Navigate to <em>Network -> Staking</em> and select the <em>Account</em> tab.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.51.29.png" class="kg-image" alt loading="lazy" width="2000" height="400" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Screenshot-202024-07-24-20at-2017.51.29.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Screenshot-202024-07-24-20at-2017.51.29.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Screenshot-202024-07-24-20at-2017.51.29.png 1600w, https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.51.29.png 2000w" sizes="(min-width: 720px) 720px"></figure><p></p><ol start="2"><li>Choose the amount of AVAIL to bond for staking. Ensure that a minimum balance of 1 AVAIL is unbonded to cover transaction fees. Select your preferred method for receiving staking rewards: Stash account (increase the amount at stake); Stash account (do not increase the amount at stake); Specified payment account (send rewards to any 3rd party account).</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.53.47.png" class="kg-image" alt loading="lazy" width="2000" height="849" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Screenshot-202024-07-24-20at-2017.53.47.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Screenshot-202024-07-24-20at-2017.53.47.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Screenshot-202024-07-24-20at-2017.53.47.png 1600w, https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.53.47.png 2130w" sizes="(min-width: 720px) 720px"></figure><p><strong>We make payouts daily, so you won't need to pay a TX fee by yourself.</strong></p><p>We recommend assigning a staking proxy account. You should fund a separate account with 2-3 AVAIL and connect with your primary one to perform staking-related operations on behalf of your stash, like triggering payout or nominating a validator. A staking proxy has no access to the funds on the stash account.</p><ol start="3"><li>In the next window, select up to 16 validators with which you wish to stake. If you want to nominate P2P.org, search <a href="http://p2p.org/?ref=p2p.org" rel="noopener noreferrer">P2P.ORG</a> and select our validators from the list. We highly recommend selecting more than 1 validator to increase your chances of being eligible for rewards.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.54.14.png" class="kg-image" alt loading="lazy" width="2000" height="878" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Screenshot-202024-07-24-20at-2017.54.14.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Screenshot-202024-07-24-20at-2017.54.14.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Screenshot-202024-07-24-20at-2017.54.14.png 1600w, https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.54.14.png 2146w" sizes="(min-width: 720px) 720px"></figure><ol start="4"><li>Chosen validators will appear in the right column. Press Bond & <em>Nominate </em>to continue<em>.</em></li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.54.19.png" class="kg-image" alt loading="lazy" width="2000" height="887" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Screenshot-202024-07-24-20at-2017.54.19.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Screenshot-202024-07-24-20at-2017.54.19.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Screenshot-202024-07-24-20at-2017.54.19.png 1600w, https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.54.19.png 2134w" sizes="(min-width: 720px) 720px"></figure><ol start="5"><li>Sign the transaction</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.54.29.png" class="kg-image" alt loading="lazy" width="2000" height="870" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Screenshot-202024-07-24-20at-2017.54.29.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Screenshot-202024-07-24-20at-2017.54.29.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Screenshot-202024-07-24-20at-2017.54.29.png 1600w, https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.54.29.png 2148w" sizes="(min-width: 720px) 720px"></figure><ol start="6"><li>Your screen should be updated, and current nominations should appear in the <em>Account </em>tab. From here, you can manage your staking in the future.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2018.02.09.png" class="kg-image" alt loading="lazy" width="2000" height="182" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Screenshot-202024-07-24-20at-2018.02.09.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Screenshot-202024-07-24-20at-2018.02.09.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Screenshot-202024-07-24-20at-2018.02.09.png 1600w, https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2018.02.09.png 2000w" sizes="(min-width: 720px) 720px"></figure><p>Staking will begin in the next era or two (24 - 48 hours). You will be able to track nominations from <em>Staking -> Account. </em>At least one nomination should become active, indicating that your stake is working in full and generating rewards.</p><p></p><h2 id="unbonding-funds">Unbonding funds</h2><ol><li>To start unbonding your funds, you must first express your desire to stop nominating. To stop the nomination, go to Network -> Staking, navigate to Account the tab, and select Stop.</li></ol><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">This only stops your nominations but does not unbond your funds. After you sign the TX, you need to continue with unbonding. </div></div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2018.03.15.png" class="kg-image" alt loading="lazy" width="2000" height="165" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Screenshot-202024-07-24-20at-2018.03.15.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Screenshot-202024-07-24-20at-2018.03.15.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Screenshot-202024-07-24-20at-2018.03.15.png 1600w, https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2018.03.15.png 2000w" sizes="(min-width: 720px) 720px"></figure><ol start="2"><li>To start unbonding, tap on three dots, select <em>Unbodning funds</em>,<em> </em>and select how much you want to unbound after signing the tx. </li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.55.14.png" class="kg-image" alt loading="lazy" width="2000" height="662" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Screenshot-202024-07-24-20at-2017.55.14.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Screenshot-202024-07-24-20at-2017.55.14.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Screenshot-202024-07-24-20at-2017.55.14.png 1600w, https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.55.14.png 2000w" sizes="(min-width: 720px) 720px"></figure><ol start="3"><li>After signing the unbonding transaction, you will see the timer for your unbonding period. In Avail, it's 28 days. After that, your funds will be free and available to withdraw.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Screenshot-202024-07-24-20at-2017.56.26.png" class="kg-image" alt loading="lazy" width="546" height="274"></figure><p>For more information about Avail staking, please refer to <a href="https://docs.availproject.org/docs/end-user-guide?ref=p2p.org" rel="noreferrer">the official documents</a>. </p><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, securing over $7 billion from over 10,000 delegators/nominators across 40+ high-class networks. We have actively participated in the Polkadot/Kusama network since the beginning.</p><hr><p>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram</a> chat or contact Alex via <a href="mailto:[email protected]">[email protected]</a>. We are always open to communication.</p><hr><p><strong>Web:</strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Stake DOT with us:</strong> <a href="https://p2p.org/polkadot?ref=p2p.org">https://p2p.org/polkadot</a></p><p><strong>Twitter:</strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>
from p2p validator
<p><em>Staking GRT (Graph Tokens) is a fantastic way to participate in the growth of The Graph network while earning rewards. Whether you're new to cryptocurrency or a seasoned investor, this guide will walk you through the process of delegating your GRT tokens step-by-step.</em></p><h2 id="what-is-the-graph"><strong>What is The Graph?</strong></h2><p><strong>The Graph is a decentralized protocol for indexing and querying data from blockchains.</strong> It allows developers to build and query decentralized applications (dApps) quickly and efficiently. The Graph network relies on a decentralized community of indexers, curators, and delegators to operate.</p><h2 id="why-delegate-grt-tokens"><strong>Why Delegate GRT Tokens?</strong></h2><p>As a GRT token holder, <strong>you can delegate your tokens to indexers and earn a portion of the rewards they generate.</strong></p><p>Delegating GRT tokens helps secure the network and ensures its efficient operation. In return, you receive a share of the rewards earned by the indexers. It's a way to earn passive income from your GRT holdings without needing to run your own node or perform technical operations.</p><h2 id="step-by-step-guide-to-delegate-grt-tokens"><strong>Step-by-Step Guide to Delegate GRT Tokens</strong></h2><p>To help you get started, we've prepared a comprehensive video tutorial that walks you through each step of the delegation process. Watch the video below for a visual guide, and then follow the detailed instructions provided in this article.</p> <!--kg-card-begin: html--> <style> .responsive-video { position: relative; padding-bottom: 56.25%; /* 16:9 aspect ratio */ height: 0; overflow: hidden; max-width: 100%; height: auto; } .responsive-video iframe { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } </style> <div class="responsive-video"> <iframe src="https://www.youtube.com/embed/ptG6xCCizCY" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> </div> <!--kg-card-end: html--> <p></p><h3 id="step-1-connect-your-wallet"><strong>Step 1: Connect Your Wallet</strong></h3><p><strong>Connect Your Wallet</strong>: Click on the "Connect Wallet" button. Select your wallet type (MetaMask, WalletConnect, or Ledger) and follow the prompts to connect your wallet to the site.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Untitled.png" class="kg-image" alt="Untitled" loading="lazy" width="2000" height="539" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Untitled.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Untitled.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Untitled.png 1600w, https://p2p.org/economy/content/images/2024/07/Untitled.png 2000w" sizes="(min-width: 720px) 720px"></figure><p><strong>Go to The Graph’s Website</strong>: Visit the official Graph Network website (<a href="https://thegraph.com/explorer?ref=p2p.org">https://thegraph.com/explorer</a>).</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Untitled-2.png" class="kg-image" alt="Untitled" loading="lazy" width="2000" height="996" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Untitled-2.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Untitled-2.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Untitled-2.png 1600w, https://p2p.org/economy/content/images/2024/07/Untitled-2.png 2000w" sizes="(min-width: 720px) 720px"></figure><p></p><h3 id="step-2-choose-one-of-the-p2p-indexer"><strong>Step 2: Choose One of The P2P Indexer</strong></h3><p><strong>Locate Our Indexer</strong>: P2P has two active indexers, you can either search <code>p2p</code> within the indexers or visit one below:</p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-text">* p2p-org-booster.eth - <a href="https://thegraph.com/explorer/profile/0xf00f7157fa8fd0420b87956d46058a16b2f23adc?view=Indexing&chain=arbitrum-one&ref=p2p.org" rel="noopener noreferrer">0xf00f7157fa8fd0420b87956d46058a16b2f23adc</a><br><br>* p2p-org-arbitrum.eth - <a href="https://thegraph.com/explorer/profile/0x2f09092aacd80196fc984908c5a9a7ab3ee4f1ce?view=Indexing&chain=arbitrum-one&ref=p2p.org" rel="noopener noreferrer">0x2f09092aacd80196fc984908c5a9a7ab3ee4f1ce</a></div></div><p></p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Untitled-3.png" class="kg-image" alt loading="lazy" width="2000" height="736" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Untitled-3.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Untitled-3.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Untitled-3.png 1600w, https://p2p.org/economy/content/images/2024/07/Untitled-3.png 2000w" sizes="(min-width: 720px) 720px"></figure><p><strong>Review Our Metrics</strong>: Check the performance metrics and reward rates associated with our indexer. Our commitment to excellence ensures competitive rewards and reliable service.</p><p><strong>Select Our Indexer</strong>: Click on our indexer’s profile to see more details and proceed with delegation.</p><p></p><h3 id="step-3-delegate-your-grt-tokens"><strong>Step 3: Delegate Your GRT Tokens</strong></h3><p><strong>Initiate Delegation:</strong> On our indexer’s profile, click the “Delegate” button.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Untitled-4.png" class="kg-image" alt loading="lazy" width="2000" height="1642" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Untitled-4.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Untitled-4.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Untitled-4.png 1600w, https://p2p.org/economy/content/images/2024/07/Untitled-4.png 2000w" sizes="(min-width: 720px) 720px"></figure><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">You will be required to pay 0.5% GRT deposit tax.</div></div><p></p><p><strong>Enter Amount:</strong> Specify the amount of GRT tokens you want to delegate. Make sure you leave some GRT in your wallet to cover potential transaction fees. You will be required to pay 0.5% GRT deposit tax.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Untitled-5.png" class="kg-image" alt loading="lazy" width="2000" height="1732" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Untitled-5.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Untitled-5.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Untitled-5.png 1600w, https://p2p.org/economy/content/images/2024/07/Untitled-5.png 2000w" sizes="(min-width: 720px) 720px"></figure><p><strong>Approve Transaction</strong>: Approve the transaction in your wallet. This step allows the staking contract to access your GRT tokens.</p><p><strong>Confirm Delegation</strong>: After the approval, confirm the delegation transaction. Pay the necessary gas fees to complete the process.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Untitled-6.png" class="kg-image" alt loading="lazy" width="2000" height="1402" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Untitled-6.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Untitled-6.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Untitled-6.png 1600w, https://p2p.org/economy/content/images/2024/07/Untitled-6.png 2000w" sizes="(min-width: 720px) 720px"></figure><p></p><h3 id="step-4-monitor-your-delegation"><strong>Step 4: Monitor Your Delegation</strong></h3><p><strong>Track Performance</strong>: You can monitor the performance of your delegation on the staking dashboard. It will show you the rewards you’ve earned and other relevant metrics.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/07/Untitled-7.png" class="kg-image" alt loading="lazy" width="2000" height="2033" srcset="https://p2p.org/economy/content/images/size/w600/2024/07/Untitled-7.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/07/Untitled-7.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/07/Untitled-7.png 1600w, https://p2p.org/economy/content/images/2024/07/Untitled-7.png 2000w" sizes="(min-width: 720px) 720px"></figure><p><strong>Un-delegate</strong>: If you wish to un-delegate your tokens, you can do so from the dashboard. Note that un-delegating may have a 28-days cooldown period before your tokens become available again.</p><div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Rewards are automatically added to staked deposit and paid when the indexer closes allocation. <b><strong style="white-space: pre-wrap;">There is no slashing for delegators on The Graph.</strong></b> The Graph GRT unbonding period lasts 28 days.</div></div><p></p><h2 id="tips-for-successful-delegation"><strong>Tips for Successful Delegation</strong></h2><p><strong>Stay Informed</strong>: Keep up with news and updates from The Graph network to make informed decisions about your delegations.</p><p><strong>Be Patient</strong>: Staking and delegating are long-term strategies. Give your investments time to grow.</p><p>By following this guide and choosing P2P indexer, you'll be well on your way to successfully delegating your GRT tokens and participating in The Graph network. Enjoy earning rewards while contributing to the future of decentralized applications!</p><h2 id="about-p2p-validator"><strong>About P2P Validator</strong></h2><p><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, securing over $7 billion from over 10,000 delegators/nominators across 40+ high-class networks. </p><p><strong>Web:</strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Twitter:</strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a><br><br>Our team is here via our official Telegram channel if you have any questions or support. </p><p><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>
from p2p validator
<p></p><h1 id="stage-2-mainnet">Stage 2 mainnet</h1><p>Heads up! EigenLayer Stage 2 mainnet is live. This phase introduces Operators responsible for performing validation tasks for AVSs (Actively Validated Services) built on the EigenLayer protocol.</p><p><a href="https://www.blog.eigenlayer.xyz/eigenlayer-stage-1-mainnet-launch/?ref=p2p.org">Stage 1</a> introduced restaking on mainnet Ethereum, and so far, <a href="https://defillama.com/protocol/eigenlayer?denomination=ETH&ref=p2p.org">3.8M ETH</a> has been restaked on the EigenLayer protocol, making it the second-largest protocol on the market.</p><p>Stage 2 is an exciting evolution of the protocol. Operators can register to the network and begin validating for the first AVS, EigenDA; Restakers can delegate their stake to Operators and start putting shared security to work with EigenDA.</p><p>Following the launch of EigenDA, a vibrant ecosystem of AVSs is poised to flourish on the EigenLayer mainnet. <a href="https://holesky.eigenlayer.xyz/avs?ref=p2p.org" rel="noreferrer">Nine more AVSs are currently in testnet</a> and will likely move to mainnet soon: AltLaer, Lagrange, oOracle, Aethos, Brevis Co-chain, Witness chain, Ethos, Silent Shard AVS, and Omni.</p><p><a href="http://p2p.org/?ref=p2p.org">P2P.org</a> is officially the confirmed operator for all the AVS above. Delegate to P2P to be among the first restakers securing new AVSes.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Restaking-Map-v2-1.png" class="kg-image" alt loading="lazy" width="2000" height="2213" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Restaking-Map-v2-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Restaking-Map-v2-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Restaking-Map-v2-1.png 1600w, https://p2p.org/economy/content/images/2024/04/Restaking-Map-v2-1.png 2123w" sizes="(min-width: 720px) 720px"></figure><h1 id="delegation-guide">Delegation guide</h1><p>If you staked LST, jump straight to step three (opt-in operator); in the case of native restaking, you will have a few more steps:</p><ol><li>Upgrade EigenPod - each EigenPod created before Apr 8 must be upgraded to enable the delegation feature.</li><li>Restake - verification of ETH Beacon deposits. EigenPod needs to receive proof that you have deposited validators.</li><li>Opt-in the operator. Choose the operator for validating AVSes. (You won't send any tokens to the operator but delegate the right to validate AVSes on your behalf).</li></ol><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">☝️</div><div class="kg-callout-text">There is no slashing or rewards in EigenLayer currently; these will appear in the next phase of the mainnet, projected to go live in Q3. Until then, AVSs won't have slashing, and delegators cannot be slashed either.</div></div><h1 id="step-1-upgrade-your-eigenpod">Step 1: Upgrade your EigenPod</h1><p>Go to <a href="https://app.eigenlayer.xyz/?ref=p2p.org"><code>https://app.eigenlayer.xyz/</code></a> and connect your wallet. If you have a Ledger, connect it to MetaMask.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--12-.png" class="kg-image" alt loading="lazy" width="2000" height="1119" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--12-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--12-.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Untitled--12-.png 1600w, https://p2p.org/economy/content/images/2024/04/Untitled--12-.png 2000w" sizes="(min-width: 720px) 720px"></figure><p>Go to the Restake tab → Beacon Ether section, or follow this link <a href="https://app.eigenlayer.xyz/restake/ETH?ref=p2p.org"><code>https://app.eigenlayer.xyz/restake/ETH</code></a></p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--14-.png" class="kg-image" alt loading="lazy" width="1996" height="976" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--14-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--14-.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Untitled--14-.png 1600w, https://p2p.org/economy/content/images/2024/04/Untitled--14-.png 1996w" sizes="(min-width: 720px) 720px"></figure><p>Each EigenPod created before Apr 8 must be upgraded to enable the delegation feature. Click <code>Upgrade EigenPod</code></p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--15-.png" class="kg-image" alt loading="lazy" width="1291" height="794" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--15-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--15-.png 1000w, https://p2p.org/economy/content/images/2024/04/Untitled--15-.png 1291w" sizes="(min-width: 720px) 720px"></figure><p>It will show you the warning; just <strong>click continue</strong></p><div class="kg-card kg-toggle-card" data-kg-toggle-state="close"> <div class="kg-toggle-heading"> <h4 class="kg-toggle-heading-text"><span style="white-space: pre-wrap;">what does it mean?</span></h4> <button class="kg-toggle-card-icon" aria-label="Expand toggle to read content"> <svg id="Regular" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 24 24"> <path class="cls-1" d="M23.25,7.311,12.53,18.03a.749.749,0,0,1-1.06,0L.75,7.311"/> </svg> </button> </div> <div class="kg-toggle-content"><p><span style="white-space: pre-wrap;">That’s about requirement having separate addresses for ethereum validators’ rewards: consensus rewards go EigenPod, execution rewards (MEV) should go to some another address if you don’t want to lose it. That’s because MEV builders often send MEV by simple transaction, and EigenPod doesn’t accept any incoming transactions, so it will fail. All </span><a href="http://p2p.org/?ref=p2p.org"><span style="white-space: pre-wrap;">P2P.org</span></a><span style="white-space: pre-wrap;"> ETH stakers have separate addresses for execution and consensus rewards.</span></p></div> </div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--16-.png" class="kg-image" alt loading="lazy" width="1301" height="806" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--16-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--16-.png 1000w, https://p2p.org/economy/content/images/2024/04/Untitled--16-.png 1301w" sizes="(min-width: 720px) 720px"></figure><p>Click enable restaking</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--17-.png" class="kg-image" alt loading="lazy" width="1284" height="811" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--17-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--17-.png 1000w, https://p2p.org/economy/content/images/2024/04/Untitled--17-.png 1284w" sizes="(min-width: 720px) 720px"></figure><p>Wait 4 hours for EigenPod activation</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--18-.png" class="kg-image" alt loading="lazy" width="2000" height="1269" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--18-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--18-.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Untitled--18-.png 1600w, https://p2p.org/economy/content/images/2024/04/Untitled--18-.png 2282w" sizes="(min-width: 720px) 720px"></figure><h1 id="step-2-restake">Step 2: Restake</h1><p>The next step is to click on "Restake." This step is necessary for verifying ETH Beacon deposits via the Beacon chain oracle. It generates Merkle proofs for each validator and then sends them to EigenPod. One transaction can process 25 proofs, so you must sign one transaction per 25 validators. New TXs will appear automatically as soon as you sign the previous one.</p><div class="kg-card kg-callout-card kg-callout-card-red"><div class="kg-callout-emoji">🚨</div><div class="kg-callout-text">Before signing! Verify and double-check that you send a transaction to YOUR EigenPod.</div></div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--19-.png" class="kg-image" alt loading="lazy" width="1293" height="1074" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--19-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--19-.png 1000w, https://p2p.org/economy/content/images/2024/04/Untitled--19-.png 1293w" sizes="(min-width: 720px) 720px"></figure><p>After completing all transactions, you will see that your restaked balance has moved from the 'awaiting restake' field to 'Beacon Chain restaked.'</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--20-.png" class="kg-image" alt loading="lazy" width="1278" height="1070" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--20-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--20-.png 1000w, https://p2p.org/economy/content/images/2024/04/Untitled--20-.png 1278w" sizes="(min-width: 720px) 720px"></figure><h1 id="step-3-opt-in-p2porg-as-operator">Step 3: Opt-in <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> as operator</h1><p>Go to the operator tab, and search <a href="http://p2p.org/?ref=p2p.org">P2P.org</a>, or follow this link <a href="https://app.eigenlayer.xyz/operator/0xDbEd88D83176316fc46797B43aDeE927Dc2ff2F5?ref=p2p.org"><code>https://app.eigenlayer.xyz/operator/0xDbEd88D83176316fc46797B43aDeE927Dc2ff2F5</code></a></p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--21-.png" class="kg-image" alt loading="lazy" width="1660" height="1144" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--21-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--21-.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Untitled--21-.png 1600w, https://p2p.org/economy/content/images/2024/04/Untitled--21-.png 1660w" sizes="(min-width: 720px) 720px"></figure><p>Verify the operator's address <code>0xDbEd88D83176316fc46797B43aDeE927Dc2ff2F5</code></p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--22-.png" class="kg-image" alt loading="lazy" width="1988" height="1304" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--22-.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--22-.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Untitled--22-.png 1600w, https://p2p.org/economy/content/images/2024/04/Untitled--22-.png 1988w" sizes="(min-width: 720px) 720px"></figure><div class="kg-card kg-callout-card kg-callout-card-red"><div class="kg-callout-emoji">🚨</div><div class="kg-callout-text">Click the delegate button, double-check that you are interacting with the EigenLayer smart contract <a href="https://etherscan.io/address/0x39053D51B77DC0d36036Fc1fCc8Cb819df8Ef37A?ref=p2p.org"><code spellcheck="false" style="white-space: pre-wrap;">0x39053D51B77DC0d36036Fc1fCc8Cb819df8Ef37A</code></a> and the sign </div></div><p>You won't send any tokens to the operator but delegate the right to validate AVSes on your behalf.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/04/Untitled--22--1.png" class="kg-image" alt loading="lazy" width="1988" height="1304" srcset="https://p2p.org/economy/content/images/size/w600/2024/04/Untitled--22--1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/04/Untitled--22--1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/04/Untitled--22--1.png 1600w, https://p2p.org/economy/content/images/2024/04/Untitled--22--1.png 1988w" sizes="(min-width: 720px) 720px"></figure><p>Congrats, now you are securing AVSes with <a href="http://p2p.org/?ref=p2p.org">P2P.org</a>!</p><h1 id="about-p2porg">About <a href="http://p2p.org/?ref=p2p.org">P2P.org</a></h1><p><a href="http://p2p.org/?ref=p2p.org">P2P.org</a>: Launched in 2018, <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> aims to shape a decentralized future for all and provide stakeholders with non-custodial staking services.</p><p>With over $6.5+ billion in TVL and over 90,000 delegators, <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> has become a top 3 global leader by TVL. Pioneers in their industry, the dedicated team at <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> has assumed pivotal roles as early validators across multiple networks. Their unwavering commitment to building leading infrastructure has made them one of the leading Ethereum validators globally.</p><h2 id="contact-us">Contact Us:</h2><p>We invite you to join us in this exciting new chapter. For questions or information, contact our team on our official Telegram Channel. Be sure to stay tuned for updates and enhancements to our dApp.</p><p><em>Do not hesitate to ask questions in our </em><a href="https://t.me/P2Pstaking?ref=p2p.org"><em>Telegram chat</em></a><em> or talk to </em><a href="mailto: [email protected]" rel="noreferrer">Vladislav Kurenkov</a><em>. <br><br>We are always open for communication.<br><br>At P2P.org, we remain dedicated to our core values of Security, Transparency, Asset Rewards, Technology, and Smart Governance (STATS), striving to offer our community and partners the best.</em></p><hr><p><strong>Web:</strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Twitter:</strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>
from p2p validator
<p>Welcome to the Validator Monitoring Service User Guide. This comprehensive guide is designed to help you effortlessly set up and navigate through our monitoring service, ensuring you have all the tools and knowledge to monitor your validator's performance effectively. Find our Monitoring tool by using a tg <a href="https://t.me/p2pvalidator_monitoring_bot?ref=p2p.org">bot</a>.</p><h2 id="telegram-bot">Telegram bot</h2><p>The heart of the Validator Monitoring System lies within its Telegram <a href="https://t.me/p2pvalidator_monitoring_bot?ref=p2p.org">bot</a>, your direct line to real-time Grafana dashboard insights and blockchain event alerts for your validator. Its intuitive subscription feature stands out for its ease of customization, allowing you to tailor alerts to your needs.</p><h3 id="getting-started"><strong>Getting Started</strong></h3><p>Upon your first interaction with the Telegram bot, initiate the conversation with a "Start" command or refresh your session with <strong><code>/start</code></strong>. This action will reveal the main interface of the monitoring tool.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2017.46.29.png" class="kg-image" alt loading="lazy" width="880" height="1038" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2017.46.29.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2017.46.29.png 880w" sizes="(min-width: 720px) 720px"></figure><p></p><p>The main interface presents three pivotal options:</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.03.50.png" class="kg-image" alt loading="lazy" width="892" height="486" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2012.03.50.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.03.50.png 892w" sizes="(min-width: 720px) 720px"></figure><p></p><ol><li><strong>Open Grafana</strong>: This button grants immediate access to live Grafana dashboards, enabling you to monitor validator performance across various filters.</li><li><strong>Manage Subscriptions</strong>: This option leads to a menu for subscribing to validator-related events, highlighting the service's flexibility in tracking performance metrics.</li><li><strong>Help</strong>: Users can contact our support team here for service-related queries.</li></ol><h3 id="grafana-dashboard">Grafana dashboard</h3><p>Our service encompasses specialized dashboards for networks like Polkadot/Kusama and Moonbeam/Moonriver, among other parachains, providing a comprehensive view of your validator's activities.</p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">General indicators: we track session/era progression and staking data. Validator data per epoch: we provide information on rewards points, active validators, and their position in the active set.</div></div><p></p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2012.17.46.png" class="kg-image" alt loading="lazy" width="1476" height="788" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-03-19-20at-2012.17.46.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/03/Screenshot-202024-03-19-20at-2012.17.46.png 1000w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2012.17.46.png 1476w" sizes="(min-width: 720px) 720px"></figure><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Era and epoch points for ParaValidators: We monitor ParaValidator points earned and their relation to the network's average, median, and 95th percentile.</div></div><p></p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2012.18.06.png" class="kg-image" alt loading="lazy" width="2000" height="1263" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-03-19-20at-2012.18.06.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/03/Screenshot-202024-03-19-20at-2012.18.06.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/03/Screenshot-202024-03-19-20at-2012.18.06.png 1600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2012.18.06.png 2000w" sizes="(min-width: 720px) 720px"></figure><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Finality metrics (GRANDPA): We track blocks' prevotes and precommits and their ratio to ideally processed blocks.</div></div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2012.17.52.png" class="kg-image" alt loading="lazy" width="2000" height="1061" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-03-19-20at-2012.17.52.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/03/Screenshot-202024-03-19-20at-2012.17.52.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/03/Screenshot-202024-03-19-20at-2012.17.52.png 1600w, https://p2p.org/economy/content/images/size/w2400/2024/03/Screenshot-202024-03-19-20at-2012.17.52.png 2400w" sizes="(min-width: 720px) 720px"></figure><p></p><p>Also, a user can easily switch between the parachains dashboard to track the collators' performance. </p><h3 id="mastering-subscriptions"><strong>Mastering Subscriptions</strong></h3><p>Subscribing to on-chain events is simplified through our customizable alerting templates. Begin by adding accounts to monitor under "My accounts" and proceed to "Add account" for specific tracking.</p><figure class="kg-card kg-image-card kg-width-full"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.04.58.png" class="kg-image" alt loading="lazy" width="680" height="1498" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2012.04.58.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.04.58.png 680w"></figure><p><br><strong>Add accounts to track</strong></p><p>To subscribe to the alerts, the first thing you need to do is to add accounts that you would like to track. Click "My accounts" and "+ Add account" on the next screen to do it.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.05.21.png" class="kg-image" alt loading="lazy" width="888" height="620" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2012.05.21.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.05.21.png 888w" sizes="(min-width: 720px) 720px"></figure><p><br>Our service covers Polkadot, Kusama, Acala, Karura, Moonbeam, and Moonriver networks, allowing for the addition of up to 15 accounts. Once your accounts are set, delve into specific alert configurations to fine-tune your monitoring needs. When adding new accounts, you can either search the accounts based on the<strong> </strong>first letters or paste the whole address:</p><hr><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Polkadot1.jpg" class="kg-image" alt loading="lazy" width="848" height="1601" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Polkadot1.jpg 600w, https://p2p.org/economy/content/images/2024/03/Polkadot1.jpg 848w" sizes="(min-width: 720px) 720px"></figure><hr><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Polkadot2.jpg" class="kg-image" alt loading="lazy" width="848" height="954" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Polkadot2.jpg 600w, https://p2p.org/economy/content/images/2024/03/Polkadot2.jpg 848w" sizes="(min-width: 720px) 720px"></figure><p>You can scroll your accounts, adding new ones and deleting old ones. When you are ready, press "Back" and continue configuring specific alerts.</p><hr><p><strong>Configure the alert</strong></p><p>Configuring alerts is straightforward. Choose an alert from the list under "My Subscription" and follow the prompts to tailor the alert parameters to your preferences. The system facilitates the testing of alerts to ensure operability and allows for easy management of active or critical alerts through visual indicators.</p><hr><p>Example of Polkadot Finality pre-commits ratio alert:</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Polkadot3.jpg" class="kg-image" alt loading="lazy" width="848" height="2112" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Polkadot3.jpg 600w, https://p2p.org/economy/content/images/2024/03/Polkadot3.jpg 848w" sizes="(min-width: 720px) 720px"></figure><hr><p>Example of Moonbeam blocks production metric:</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2015.19.03.png" class="kg-image" alt loading="lazy" width="916" height="612" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-03-19-20at-2015.19.03.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2015.19.03.png 916w" sizes="(min-width: 720px) 720px"></figure><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2015.19.19.png" class="kg-image" alt loading="lazy" width="932" height="584" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-03-19-20at-2015.19.19.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2015.19.19.png 932w" sizes="(min-width: 720px) 720px"></figure><p>Test alert example (to check if everything works):</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.07.50.png" class="kg-image" alt loading="lazy" width="990" height="426" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2012.07.50.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.07.50.png 990w" sizes="(min-width: 720px) 720px"></figure><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.07.56.png" class="kg-image" alt loading="lazy" width="988" height="430" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2012.07.56.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.07.56.png 988w" sizes="(min-width: 720px) 720px"></figure><hr><p>After configuring alerts, on the screen with the alerts list, you may see which alerts are active (green button) or fire emoji (meaning that the threshold is violated). </p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2015.19.55.png" class="kg-image" alt loading="lazy" width="730" height="664" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-03-19-20at-2015.19.55.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-03-19-20at-2015.19.55.png 730w" sizes="(min-width: 720px) 720px"></figure><h3 id="emoji-explanations">Emoji explanations:</h3><p>➕ - Set alert<br>⏳ - Waiting for activation<br>🟢 - Alert is ready<br>⁉️ - Alert added, but activation failed for some reasons (<a href="mailto:[email protected]." rel="noreferrer">Contact US</a>)<br>🔥 - Alert expecting<br>🔥🔥🔥 - FIRE!!! You will receive an alert soon</p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Also, do not forget to unmute the alert by clicking the “Mute/Unmute” button on the main screen.</div></div><p></p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.09.30.png" class="kg-image" alt loading="lazy" width="722" height="250" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Screenshot-202024-02-29-20at-2012.09.30.png 600w, https://p2p.org/economy/content/images/2024/03/Screenshot-202024-02-29-20at-2012.09.30.png 722w" sizes="(min-width: 720px) 720px"></figure><h3 id="support"><br>Support</h3><p>The feedback section allows users to share their thoughts or issues with the administration team. Although it's a one-way communication channel, rest assured that necessary follow-ups will be made if required.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/03/Polkadot4.jpg" class="kg-image" alt loading="lazy" width="848" height="1202" srcset="https://p2p.org/economy/content/images/size/w600/2024/03/Polkadot4.jpg 600w, https://p2p.org/economy/content/images/2024/03/Polkadot4.jpg 848w" sizes="(min-width: 720px) 720px"></figure><p>We eagerly anticipate your feedback and are excited to help you leverage our Validator Monitoring Tool for optimal performance oversight.</p><h2 id="getting-started-with-your-own-instance"><br><strong>Getting Started with Your Own Instance</strong></h2><p>To provide you with a seamless experience, we have developed a fully self-sufficient, dockerized container for you to run your own instance of the monitoring service. Detailed technical instructions are available in the README section of our GitHub repository. Here’s a brief overview to get you started:</p><ol><li><strong>Install Docker and Docker Compose</strong>: Ensure these are set up on your system to proceed with the installation.</li><li><strong>Configure RPC Endpoints</strong>: Verify and adjust the RPC endpoints in the provided <strong><code>.env</code></strong> files to match your setup (for polkadot, kusama, acala, karura, moonbeam, mooriver).</li><li><strong>Set Up the bot .env File</strong>: Create a Telegram bot through @botfather and set up an admin Telegram group, including all team members. This bot will funnel user queries to the admin group.</li><li><strong>Launch the Service</strong>: Use the following command to start the service for the desired networks: You can extend the service to other networks by adding additional <strong><code>.yml</code></strong> files such as <strong><code>-f acala.yml</code></strong>, <strong><code>-f karura.yml</code></strong>, etc.</li></ol><div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-text"><b><strong style="white-space: pre-wrap;">docker-compose</strong></b> -f docker-compose.yml -f polkadot.yml -f kusama.yml up</div></div><p></p><ol start="5"><li><strong>Explore the Telegram Bot:</strong> The bot provides access to your Grafana dashboard and allows you to subscribe to events related to validator performance.</li><li><strong>Access the Grafana Dashboard</strong>: Visit <a href="http://127.0.0.1:3000/?ref=p2p.org">http://127.0.0.1:3000</a> to view your dashboard (default credentials: <strong><code>admin</code></strong> / <strong><code>admin</code></strong>, with a prompt to change on the first login).</li></ol><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, securing over $2 billion by over 10,000 delegators/nominators across 25+ high-class networks. We have been actively participating on the Polkadot network since the beginning.</p><hr><p><em>Do not hesitate to ask questions in our </em><a href="https://t.me/P2Pstaking?ref=p2p.org"><em>Telegram chat</em></a><em> or contact Alex via</em> <a href="mailto:[email protected]">[email protected]</a><em>. We are always open for communication.</em></p><hr><p><strong>Web:</strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Stake DOT with us:</strong> <a href="https://p2p.org/polkadot?ref=p2p.org">https://p2p.org/polkadot</a></p><p><strong>Twitter:</strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>
from p2p validator
<p>Manta Atlantic is a prominent part of the <a href="https://manta.network/?ref=p2p.org">Manta Network</a>, recognized for being the fastest and most decentralized Zero-Knowledge (ZK) Layer1 on Polkadot.This makes it a significant contender for L1s, particularly for those applications requiring high levels of privacy and security.</p><p>This guide outlines the steps to create an account on the Polkadot network and stake your assets in Manta. <strong>If you hold more than 400 K Manta, contact us to learn about special staking offers.</strong></p><h2 id="creating-a-manta-atlantic-account"><strong>Creating a Manta</strong> Atlantic <strong>account</strong></h2><p>Having tokens on Manta Atlantic (Polkadot parachain network) would be best. To bridge the tokens from Manta Pacific (ETH) to Manta Atlantic (Polkadot), please use the official bridge: <a href="https://app.manta.network/manta/bridge?ref=p2p.org">https://app.manta.network/manta/bridge</a>. Note that you need to have an account on Manta Atlantic. The most convenient way is to utilize the Polkadot js extension for Manta Atlantic.</p><p>Remember, your seed phrase is crucial for account access. If lost, you can restore your account with it, but if someone else gets it, they can access it. Store your seed securely on encrypted hard drives, non-digital devices, or ideally on paper, and protect it from physical damage. Never store it on an internet-connected device.</p><h2 id="step-by-step-staking-guide"><strong>Step-by-step staking guide:</strong></h2><p> <br> 1. Navigate to the Manta staking dApp at <a href="https://app.manta.network/manta/stake?ref=p2p.org">https://app.manta.network/manta/stake</a>. When you first visit this dApp, please allow the Polkadot js extension access.</p><p> 2. After you connect, you will see your dashboard page. Please select the "Start staking" button to stake your Manta tokens.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/02/Delegate-20How.png" class="kg-image" alt loading="lazy" width="2000" height="495" srcset="https://p2p.org/economy/content/images/size/w600/2024/02/Delegate-20How.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/02/Delegate-20How.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/02/Delegate-20How.png 1600w, https://p2p.org/economy/content/images/2024/02/Delegate-20How.png 2107w" sizes="(min-width: 720px) 720px"></figure><p> <br> 3. You will then see the list of available collators. Do your own research before choosing the collator. Remember the basic rules: the minimum stake is 500 Manta, and the maximum number of delegations per collator is 100 (If a collator has more than 100 delegators, the minimum delegation amount to receive rewards will be larger than above 500, depending on the other delegator's stakes.). When the collator is chosen, click the "Stake" button.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/02/Delegate-20Collator.png" class="kg-image" alt loading="lazy" width="2000" height="854" srcset="https://p2p.org/economy/content/images/size/w600/2024/02/Delegate-20Collator.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/02/Delegate-20Collator.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/02/Delegate-20Collator.png 1600w, https://p2p.org/economy/content/images/2024/02/Delegate-20Collator.png 2080w" sizes="(min-width: 720px) 720px"></figure><p> <br> 4. After, you will see the window to enter the desired amount to stake. Once done, you must sign the transaction using your Polkadot js wallet.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/02/Delegate-20stake.png" class="kg-image" alt loading="lazy" width="714" height="855" srcset="https://p2p.org/economy/content/images/size/w600/2024/02/Delegate-20stake.png 600w, https://p2p.org/economy/content/images/2024/02/Delegate-20stake.png 714w"></figure><p> <br> 5. After the transaction appears in the blockchain, the dashboard updates automatically, and you will see the chosen collator and the buttons "Stake" (if you would like to add more tokens) and "Unstake" (if you would want to stop staking). Remember, unstaking takes seven days. Rewards are paid every 6 hours.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/02/Active-20Collator-20from-20Manta-20Network.png" class="kg-image" alt loading="lazy" width="2000" height="307" srcset="https://p2p.org/economy/content/images/size/w600/2024/02/Active-20Collator-20from-20Manta-20Network.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/02/Active-20Collator-20from-20Manta-20Network.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/02/Active-20Collator-20from-20Manta-20Network.png 1600w, https://p2p.org/economy/content/images/2024/02/Active-20Collator-20from-20Manta-20Network.png 2092w" sizes="(min-width: 720px) 720px"></figure><p><br>All credits for used materials belong to Manta Network. For more detailed information, please refer to the official <a href="https://docs.manta.network/docs/manta-atlantic/Staking/Delegation/HowTo%20Delegate?ref=p2p.org">staking guide</a>.<br><br></p><h2 id="about-p2p-validator">About P2P Validator</h2><p><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, securing over $2 billion by over 10,000 delegators/nominators across 25+ high-class networks.</p><hr><p><strong>Web:</strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Stake DOT with us:</strong> <a href="https://p2p.org/polkadot?ref=p2p.org">https://p2p.org/polkadot</a></p><p><strong>Twitter:</strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>
from p2p validator
<p>P2P.org is excited to announce our upcoming support for Dymension, a blockchain designed for the Internet of RollApps. As we gear up to support Dymension as a genesis validator, we're committed to furthering our mission of fostering innovation within the blockchain community and providing seamless access to decentralized technologies. Let’s dive into what Dymension does and how you can start staking with P2P.org.<br></p><h2 id="introducing-dymension">Introducing Dymension</h2><p>Dymension stands at the forefront of blockchain innovation, introducing a modular approach to rollups and setting a new standard for decentralized applications (dApps). Here's what makes Dymension a game-changer in the blockchain space:<br></p><blockquote><strong>Unified Infrastructure: </strong>By serving as a hub for rollups, Dymension leverages the Inter-Blockchain Communication Protocol (IBC) to ensure secure and efficient interoperability.<br><br><strong>Flexibility and Scalability:</strong> RollApps, as modular blockchains on Dymension, offers flexibility for building. Developers can choose their virtual machines, business models, and powering tokens, facilitating tailored blockchain solutions.<br><br><strong>Economic Sustainability:</strong> With the ability to publish transaction data to specialized chains like Celestia & Avail, RollApps ensure both economic viability and scalability. Dymension's infrastructure supports the deposit, play, withdraw model, optimizing the crypto user experience.<br></blockquote><h2 id="p2porgs-role-as-a-genesis-validator">P2P.org's Role as a Genesis Validator</h2><p>As one of the first validators for Dymension, P2P.org is positioned to play a pivotal role in securing and optimizing the network. Our expertise in non-custodial staking and digital asset management, combined with a commitment to over $3.5 billion in assets (as of February 2024), underscores our dedication to the blockchain ecosystem's growth and security.<br></p><h2 id="how-to-stake-dymension-dym-with-p2porg">How to Stake Dymension (DYM) with P2P.org</h2><p>Staking DYM tokens with P2P.org is straightforward and secure. Here's a quick guide to get you started:<br></p><ol><li><strong>Select P2P.org as Your Validator:</strong> Navigate to the Dymension Portal, search for P2P in the validators list, and click "Stake" next to our listing.</li><li><strong>Delegate Your DYM Tokens:</strong> Choose the amount you wish to stake with P2P.org and confirm the transaction in your wallet.</li><li><strong>Manage Your Delegation: </strong>Enjoy your staking rewards and utilize the management options to restake, unstake, or claim rewards directly from the Dymension Portal.</li></ol><p>Please note the 21-day unbonding period for DYM tokens, ensuring you maintain control over your assets while securing the network.</p><p>You can review our comprehensive staking guide here for more information or contact our official support team on Telegram!</p><div class="kg-card kg-button-card kg-align-center"><a href="https://t.me/P2Pstaking?ref=p2p.org" class="kg-btn kg-btn-accent">Contact us on Telegram!</a></div><h2 id="join-us-in-welcoming-a-new-dimension">Join Us in Welcoming a New Dimension</h2><p>As Dymension prepares to launch, P2P.org invites our community to explore the possibilities of this innovative blockchain. Whether you're a developer looking to deploy a RollApp or an investor aiming to leverage your DYM airdrop, our partnership with Dymension offers new opportunities for early-bird adopters.<br></p><p>Stay tuned for more information, including detailed staking guides and updates on our role as a genesis validator. Let's step into a new dimension of blockchain technology, where flexibility, scalability, and user experience converge to create a decentralized future for all.<br><br></p>
from p2p validator
<p>This <strong>section focuses on the intricate landscape of compensation and benefits within the cryptocurrency industry</strong>, highlighting the unique challenges and trends that define this domain.</p><blockquote class="kg-blockquote-alt">"Data is King"</blockquote><p>💥<strong> Data is King: </strong>Data is of utmost importance in the organizational landscape! This holds especially true within Crypto, where companies refrain from partaking in salary surveys conducted by local or global providers. The absence of such data presents a substantial challenge in setting standardized salary benchmarks within the industry. The<strong> lack of comprehensive data analytics on salaries complicates recruiting</strong> and planning for compensation in these specialized roles.</p><p>Conventional Tech salary standards presently determine crypto salaries. To illustrate, a specialist in the blockchain domain would anticipate receiving remuneration at the upper echelons of the salary range, <strong>commonly falling within the 75th or 90th percentiles within the broader technology job market.</strong></p><p>Many crypto enterprises adopt a remote work model, emphasizing expertise over location due to the industry's niche nature. Employees are frequently mobile, having become accustomed to remote work practices.</p><p>Consequently,<strong> implementing a regional payroll approach becomes exceedingly challenging</strong> because employees don't confine their job searches to specific locations but explore opportunities worldwide. This situation leads to fierce global competition for available roles within the sector.</p><p>Regarding experts involved in Decentralised Autonomous Organization (DAO) projects, where maintaining anonymity is often crucial, the challenge arises in determining benchmark salaries for different regions. The project management team may be unaware of the location of their employees or consultants, making it difficult to establish appropriate salary standards for specific areas. Consequently, attracting and retaining such expertise across diverse regions becomes a complex task. <strong>Setting a low salary cap might not be conducive to securing the required knowledge</strong>, especially in more expensive areas like North America and Western Europe, that would potentially disrupt your financial planning.</p><p>Additionally, the prevalent practice of compensating in cryptocurrencies further complicates the calculation of gross and net salaries.</p><h2 id="contact-us">Contact Us:</h2><p>Please read our previous HR Guide on onboarding <a href="https://p2p.org/economy/shaping-onboarding-for-a-remote-distributed-team-p2p-orgs-practical-experience/">here</a> or click <a href="https://p2p.org/economy/blockchain-employment-trends-and-challenges-part-i/">Blockchain Employment: Trends and Challenges (Part I)</a>.<br><br>We also wrote other articles on crypto recruitment and compensation. Please find it here: <a href="https://p2p.org/economy/navigating-the-landscape-of-crypto-compensation-and-benefits-part-1/">Navigating the Landscape of Crypto Compensation and Benefits (Part 1)</a> & <a href="https://p2p.org/economy/ghost/#/editor/post/657c60adbb026f00011df943">Navigating the Landscape of Crypto Compensation and Benefits (Part 2)</a>. You will discover our practical tips and recommendations based on our experience, mistakes, and successes in our journey, from 35 employees in 2021 to 145 people across 37 countries in 2023.</p><hr><p><em><em><em><em><em><em><em><em><em><em><em><em><em><em><em><em>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or </em></em></em></em>check our career page at </em></em></em></em></em></em></em></em></em></em></em></em><a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a>.<br><br><em><em><em><em><em><em><em><em><em><em><em><em><em><em><em><em>We are always open for communication.</em></em></em></em></em></em></em></em></em></em></em></em></em></em></em></em></p><hr><p><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>Web:</strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>Jobs<strong><strong><strong><strong>:</strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong> <a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a></p><p><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>Twitter:</strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>Telegram:</strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>
from p2p validator
<p>Exciting developments are unfolding in the current blockchain job market, despite challenges posed by the crypto bear market, and these developments are expected to shape future employment trends.<strong> Let's explore key highlights, including growth patterns, the rise of in-demand roles, and compensation dynamics in the cryptocurrency domain.</strong><br><br>💡 EmploymentTrends: According to<a href="http://www.works.so/?ref=p2p.org"> www.works.so</a>, an AI-driven Web3 work platform facilitating recruitment for companies like Microsoft and CISCO, <strong>there has been a significant uptick in global cryptocurrency adoption in 2023.</strong> India has surged ahead with 100 million cryptocurrency holders, surpassing the US by a considerable margin. Crypto employers are now in fierce competition to attract skilled talent for remote work, aligning with evolving customer expectations.</p><p>Meanwhile, sectors like Tech and Finance are proactively incorporating AI and Automation into their operations. <strong>According to reports by Fortune, Goldman Sachs foresees a worldwide reduction of 300 million jobs due to AI</strong>, bringing about an excess of available labour and a transition from an employee-driven market in past years to an employer-dominated market. In addition, amid ongoing geopolitical uncertainties, <strong>Venture Capitalists (VC) display reduced eagerness to invest, contributing to a widespread hiring freeze, particularly affecting startups striving to secure additional investment avenues.</strong></p><p>Despite encountering these challenges, the continuous expansion in acquiring crypto talent persists, even amid the pressures of a bear market, leading to an amplified demand for specialists in this field. However, the existing employment scenario is impacted by numerous factors:</p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-text">📚 Lack of specialised crypto/blockchain education (with most specialists being self-taught).<br><br>🏛️ Difficulty in registering with local legal entities due to remote work specifics and wide distribution.<br><br>🌐 Initial hiring of employees as contractors/consultants in various jurisdictions, posing challenges for back-office functions like HR, Legal Compliance and Accounting, in effectively managing compensation, tax and talent management.</div></div><p><br><br>On a positive note, MFAANG Big Tech companies are encouraging their workforce to return to the office and with AI and Automation posing threats to traditional jobs, the Crypto industry is becoming an attractive option for talent seeking refuge from office return mandates.</p><p>As we navigate these complex dynamics within the blockchain job market, it's clear that the industry is not just facing challenges but also presenting new opportunities. <strong>In the next part of our exploration, we will delve deeper into the specifics of compensation and benefits in this evolving sector.</strong></p><h2 id="contact-us">Contact Us:</h2><p>Please read our previous HR Guide <a href="https://p2p.org/economy/shaping-onboarding-for-a-remote-distributed-team-p2p-orgs-practical-experience/">here</a> and <a href="https://p2p.org/economy/navigating-the-landscape-of-crypto-compensation-and-benefits-part-1/">Navigating the Landscape of Crypto Compensation and Benefits (Part 1)</a> & <a href="https://p2p.org/economy/ghost/#/editor/post/657c60adbb026f00011df943">Navigating the Landscape of Crypto Compensation and Benefits (Part 2)</a>. You will discover our practical tips and recommendations based on our experience, mistakes, and successes in our journey, from 35 employees in 2021 to 145 people across 37 countries in 2023.</p><hr><p><em><em><em><em><em><em><em><em><em><em><em><em><em><em><em><em>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or </em></em></em></em>check our career page at </em></em></em></em></em></em></em></em></em></em></em></em><a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a>.<br><br><em><em><em><em><em><em><em><em><em><em><em><em><em><em><em><em>We are always open for communication.</em></em></em></em></em></em></em></em></em></em></em></em></em></em></em></em></p><hr><p><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>Web:</strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>Jobs<strong><strong><strong><strong>:</strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong> <a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a></p><p><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>Twitter:</strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>Telegram:</strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>
from p2p validator
<p>In <a href="https://p2p.org/economy/navigating-the-landscape-of-crypto-compensation-and-benefits-part-1/">Part 1</a>, we discussed how the crypto market differs from traditional IT, Fintech, and Tech sectors.<br><br>Now, we invite you to explore the world of crypto recruitment in greater depth. We will share insights into this dynamic industry's employment and compensation landscape.</p><figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://p2p.org/economy/content/images/2023/12/Screenshot-2023-12-15-at-16.27.57.png" class="kg-image" alt loading="lazy" width="1638" height="852" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Screenshot-2023-12-15-at-16.27.57.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Screenshot-2023-12-15-at-16.27.57.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Screenshot-2023-12-15-at-16.27.57.png 1600w, https://p2p.org/economy/content/images/2023/12/Screenshot-2023-12-15-at-16.27.57.png 1638w" sizes="(min-width: 720px) 720px"><figcaption>Source: https://a16zcrypto.com/posts/article/state-of-crypto-report-2023/</figcaption></figure><p></p><h2 id="%F0%9F%92%BB-evolving-skill-requirements"><strong>💻 Evolving Skill Requirements:</strong></h2><p>Previously, individuals with administrative expertise in HR, Legal, and Finance could transition into roles within the crypto industry based on their tech experience. However, the <strong>current landscape demands a heightened level of specialization</strong> within these functions, necessitating candidates to possess in-depth knowledge of the #crypto industry. This includes understanding its unique language and discerning customer needs specific to the crypto space, which may differ significantly from other industries. The blockchain community remains tightly connected, and to seize opportunities and excel in this domain, one must actively engage and become an integral part of this close-knit community.</p><h2 id="%F0%9F%92%A1hiring-trends">💡#Hiring Trends:</h2><p>A noteworthy shift has occurred in the ever-evolving landscape of the #CryptoJobs market. Initially, it was a candidate-driven market, marked by a surplus of vacancies and a scarcity of qualified individuals. However, as investments dwindled, companies recalibrated their hiring strategies, emphasizing efficiency over quantity.</p><blockquote class="kg-blockquote-alt">efficiency over quantity</blockquote><p>The employment landscape witnessed further turbulence with the substantial layoff wave in 2022, mainly affecting tech giants like #Amazon #Google #Meta and #Microsoft. This wave had a ripple effect, impacting various roles, including engineers, and significantly altering the employment dynamics across the industry.</p><figure class="kg-card kg-image-card kg-card-hascaption"><img src="https://p2p.org/economy/content/images/2023/12/Screenshot-2023-12-15-at-16.25.24.png" class="kg-image" alt loading="lazy" width="2000" height="817" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Screenshot-2023-12-15-at-16.25.24.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Screenshot-2023-12-15-at-16.25.24.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Screenshot-2023-12-15-at-16.25.24.png 1600w, https://p2p.org/economy/content/images/2023/12/Screenshot-2023-12-15-at-16.25.24.png 2150w" sizes="(min-width: 720px) 720px"><figcaption>Source: https://layoffs.fyi</figcaption></figure><p></p><p>For companies and professionals alike, understanding these dynamics is paramount. The initial candidate-driven scenario has given way to a more balanced environment, with a surge in candidates entering the #crypto market. This shift necessitates a strategic approach for companies looking to hire professionals navigating the unique challenges and opportunities presented by the evolving crypto sector.<br><br>Companies are now tasked with not only seeking efficiency but also with distinguishing themselves in a market flooded with potential candidates. <strong>Professionals, on the other hand, need to strategically position themselves to stand out amidst the increased competition, leveraging their skills and expertise to align with the evolving needs of the industry.</strong></p><p>As the #CryptoJob market matures, staying informed about these trends becomes imperative.</p><p>Adapting to the changing dynamics will be essential for companies aiming to attract top #talent and for professionals seeking to thrive in this dynamic and competitive landscape. In an industry where candidate influx is on the rise, strategic insights into employment market trends are the compass guiding successful navigation.<br><br>As we explore these evolving employment dynamics, let's pivot our focus toward a deeper understanding of Compensation and Benefits, a critical factor shaping these trends.<br><br><strong>In our next C&B post, we will delve into the intricate landscape of Compensation and benefits and discuss # EmploymentTrends even further!</strong></p><h2 id="contact-us"><strong>Contact Us:</strong></h2><p>Please read our previous HR Guide <a href="https://p2p.org/economy/shaping-onboarding-for-a-remote-distributed-team-p2p-orgs-practical-experience/">here</a> and <a href="https://p2p.org/economy/navigating-the-landscape-of-crypto-compensation-and-benefits-part-1/">Part 1</a>. You will discover our practical tips and recommendations based on our experience, mistakes, and successes in our journey, from 35 employees in 2021 to 145 people across 37 countries in 2023.</p><hr><p><em><em><em><em><em><em><em><em>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or </em></em>check our career page at </em></em></em></em></em></em><a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a>.<br><br><em><em><em><em><em><em><em><em>We are always open for communication.</em></em></em></em></em></em></em></em></p><hr><p><strong><strong><strong><strong><strong><strong><strong><strong>Web:</strong></strong></strong></strong></strong></strong></strong></strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong><strong><strong><strong><strong><strong>Jobs<strong><strong>:</strong></strong></strong></strong></strong></strong></strong></strong> <a href="https://p2p.org/careers?ref=p2p.org">https://p2p.org/careers</a></p><p><strong><strong><strong><strong><strong><strong><strong><strong>Twitter:</strong></strong></strong></strong></strong></strong></strong></strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong><strong><strong><strong><strong><strong><strong><strong>Telegram:</strong></strong></strong></strong></strong></strong></strong></strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p><p><br><br></p><p><br></p><p><br><br></p><p></p>
from p2p validator
<h3 id="introduction-to-aptos-and-staking-apt">Introduction to Aptos and Staking APT</h3><p>Aptos is an innovative blockchain platform that has emerged as a significant player in the Web3 infrastructure. It is designed to address blockchain technology's typical challenges, such as frequent outages, high costs, low throughput, and security concerns. The Aptos blockchain is built with a focus on scalability, safety, reliability, and upgradeability, making it a robust foundation for deploying decentralized applications.</p><p>Key Features of Aptos:</p><ol><li><strong>Security with Move Language</strong>: Aptos natively integrates the Move language for secure and fast transaction execution. The Move prover, a formal verifier for smart contracts in Move, enhances security, allowing developers to protect their software effectively.</li><li><strong>Flexible Data Model</strong>: The blockchain supports flexible key management and hybrid custodial options. It ensures transaction transparency and offers a safer user experience.</li><li><strong>High Throughput and Low Latency</strong>: Aptos achieves this through a pipelined and modular approach in transaction processing, leveraging parallel execution and efficient use of hardware resources.</li><li><strong>Atomicity in Transactions</strong>: Unlike other blockchains, Aptos supports atomicity in complex transactions without requiring upfront knowledge of data access, simplifying development and enhancing performance.</li><li><strong>Modular Architecture and Upgrades</strong>: The design of Aptos supports frequent and instant upgrades, optimizing client flexibility and accommodating new Web3 use cases.</li><li><strong>Scalability Initiatives</strong>: Aptos is exploring advanced scalability solutions like internal sharding and state sharding to enhance throughput without adding complexity for node operators.</li></ol><p>Staking APT, the native token of Aptos, involves participating in the network's security and governance by locking tokens with validators. This guide provides a step-by-step process for staking APT, helping you contribute to the network's robustness while potentially earning rewards.</p><p>For more detailed information about Aptos, you can refer to their <a href="https://aptosfoundation.org/whitepaper?ref=p2p.org">whitepaper</a>.</p><h2 id="step-by-step-guide">Step-by-step guide:<br></h2><p><strong>1. Visit the official Aptos explorer page:</strong><a href="https://explorer.aptoslabs.com/validators/delegation?network=mainnet&ref=p2p.org"><strong> </strong>https://explorer.aptoslabs.com/validators/delegation?network=mainnet</a><br><br><strong>2. Connect your wallet.</strong> To use the ledger - link it with Petra or Pontem using the official guide:<a href="https://support.ledger.com/hc/en-us/articles/7326502672285-Aptos-APT-?docs=true&ref=p2p.org"> https://support.ledger.com/hc/en-us/articles/7326502672285-Aptos-APT-?docs=true</a></p><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/OiAap6zxDQyrfEM-7ZHNAc45wKpGv-llJsaz-oSd4iHuXPdJdzgF6cNnaiV5cDPt24LvE6Wv1YXgysyt7KExE7noD5OZn133DutbbDaYWdTpa6F2v-Ln1_Swyacj27RuhNKSP7911iZx3NTFcGwhvFM" class="kg-image" alt loading="lazy" width="516" height="320"></figure><p><strong>3. Visit a validators list and select a delegation node to stake with</strong>; they are public and open for anyone to use.</p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-text"><strong>P2P’s node address:</strong><br><br>0x7273179d4e29d1ab9e3d16ea3c1ef8e9f3a42891b0b51b67d7d14c4444af56ff</div></div><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/8yvG7PZX5OZEmYml4teevKK1TUUbPggYxAiPIuHe4yvLkx6ym606-fSV_7vptv0TmBg4lb4AYe_8jTLl3Qx8gXXw3H_AB4QIP_JVSkVsDIx2dWh4elLLySFd0Z6pBZG4lWYrvS_1wMC1kRtsomysS6w" class="kg-image" alt loading="lazy" width="602" height="376"></figure><p><strong>4. Press "stake".</strong></p><p><strong>P2P's validator page: </strong><a href="https://explorer.aptoslabs.com/validator/0x7273179d4e29d1ab9e3d16ea3c1ef8e9f3a42891b0b51b67d7d14c4444af56ff?network=mainnet&ref=p2p.org" rel="noopener noreferrer">https://explorer.aptoslabs.com/validator/0x7273179d4e29d1ab9e3d16ea3c1ef8e9f3a42891b0b51b67d7d14c4444af56ff?network=mainnet</a></p><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/lQcHa4Lfy1wPg3n9KN54tnihDYn1TVKVKiYUTZ7qT1HV7997yCggmo1w_QT8ix423BBnYmjCxA-JGx3u6eWApmNwniyVopPoUM3-uZU3dZSJFO0MaH4ppKurWaLX1bwy1jnI2BLvsMabsENhgUU0-Ws" class="kg-image" alt loading="lazy" width="602" height="376"></figure><p><strong>5. Choose the amount and press "deposit".</strong></p><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/iVCZf-PfbHXZQfONiMrjuc4fOIwvKSd92_0VuKM4POs9VKFUAfeArAgznPhyomZyN_xD3iI32TkMoLjdjVgJvumOCcXIWFh-llAcyzcnUO9HDmob7vyfGvBVC_cYgPns4Fx8j_Y4Q3dccGyGBNnCyjs" class="kg-image" alt loading="lazy" width="520" height="324"></figure><p><strong>6. You will see the confirmation message.</strong></p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/AptosBlured.jpg" class="kg-image" alt loading="lazy" width="1600" height="958" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/AptosBlured.jpg 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/AptosBlured.jpg 1000w, https://p2p.org/economy/content/images/2023/12/AptosBlured.jpg 1600w" sizes="(min-width: 720px) 720px"></figure><p><strong>7. you will see your delegation on your validator's page once everything is set.</strong></p><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/2l8K9oXSF6yjWRuc3eg0IBo9YGrr-bMaQihCcdREmgoO9neQe80oGoPpOvl7AWDqLnQ6lIQmoFPy5BxSaHAh4wDZUKcA_NWqBB1lSw7Qdrix18am_VB4fZrVOoyBnAM5EcgqcTd-KYSfhTNzPSQyYr0" class="kg-image" alt loading="lazy" width="602" height="376"></figure><h2 id="about-us">About Us:</h2><p><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, securing over $2 billion by over 10,000 delegators/nominators across 25+ high-class networks.</p><hr><p><em><em>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram chat</a> or contact Alex</em>ander<em> </em>via </em><a href="mailto:[email protected]" rel="noopener noreferrer">[email protected]</a><em><em>.</em></em><br><br><em><em>We are always open for communication.</em></em></p><hr><p><strong><strong>Web:</strong></strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong><strong>Stake </strong>APT<strong> with us:</strong></strong> <a href="https://p2p.org/aptos?ref=p2p.org">https://p2p.org/aptos</a></p><p><strong><strong>Twitter:</strong></strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong><strong>Telegram:</strong></strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p><p><br><br></p><p><br></p><p><br><br></p><p><br><br></p><p><br><br></p>
from p2p validator
<div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">In this article, we want to share practical tips and recommendations based on our experience, mistakes, and successes in our journey from 35 employees in 2021 to 145 people across 37 countries in 2023.</div></div><p>We will discuss the challenges we encountered as our team grew and became more distributed, the valuable lessons we learned, and the practical steps we took to improve our onboarding process, making it smooth, effective, and productive for everyone.<br></p><h2 id="getting-started-why-onboarding-matters"><strong>Getting Started: Why Onboarding Matters</strong></h2><p>Before we proceed further, let's pause and consider a fundamental question:</p><blockquote class="kg-blockquote-alt">What is the purpose of the onboarding process?</blockquote><p>In summary, it can be distilled as follows: to establish a strong foundation for the long-term success of new employees, assist them in assimilating into the workplace culture, reaffirm their decision to accept the job offer, expedite their journey to productivity, and have a lasting impact on employee retention.</p><p>Every onboarding process follows common developmental principles throughout its lifecycle. The critical question is how effective your process is at these stages and whether the objectives of each stage are being met.</p><p>Now, let's outline each of these steps:</p><ul><li>Pre-Boarding. First Touch with Company Procedures, Paperwork, and Pre-Start Setup.</li><li>First Day. Forming the First Impression of Company Culture Through Welcome.</li><li>First 7 Days. Orientation and Goals of the First Week.</li><li>First 30 Days. Goals Alignment and Team Integration.</li><li>First 60 Days. Collaboration and Skill Development.</li><li>First 90 Days. Assessment of Achievements and Future Outlook.</li><li>Further Development. Independence and Continuous Growth.</li></ul><p>Each step progressively lays the foundation for integrating a new team member into processes, the cultural environment, role understanding, goals, and expectations.</p><p>The success at the start and effectiveness in the future depends on the quality of each of these steps.<br></p><h2 id="okay-the-importance-of-onboarding-is-evident-but-what-does-it-have-to-do-with-distributed-teams"><strong>Okay. The importance of onboarding is evident. But what does it have to do with distributed teams?</strong></h2><p>We won't dwell on why onboarding is generally important and how critical it is not to fail this stage. But what is the uniqueness of building the process for distributed teams?</p><p>The answer is simple:</p><blockquote class="kg-blockquote-alt"><strong><em>For new remote-distributed employees, things are a bit different.</em></strong></blockquote><p>Think about it. A new remote team member often has to handle document preparation processes and thousands of paper details on their own. They can't just "go to the HR office." When (and if) this is done, they play the role of a sysadmin, trying to set up their equipment and deal with a thousand access points independently. And then, at this stage, they finally meet the team on a Zoom call but can't continue this acquaintance in the hallway or over lunch. All they have access to are avatars in Slack. In addition, they can't observe how the team behaves and what jokes they like, and it's more challenging for them to adapt.</p><p>When asking any questions, they face a delay in explanations caused by asynchronous communication. When they finally get them, it often looks like "study 150 pages of our wiki" or "Here's the instruction, figure it out." And the discouraged newcomer, hesitating to look foolish, becomes overwhelmed with information and confused. And while trying to understand the goals and expectations of their role, they often experience a lack of context. It's not a very pleasant story. But this is precisely how a new employee's experience in a distributed remote team can look if the onboarding process is not designed with the peculiarities of this environment in mind. We will share how to build it and our experience in the following sections.<br></p><h2 id="now-about-our-experience-at-p2porg"><strong>Now, about our experience at</strong><a href="http://p2p.org/?ref=p2p.org"><strong> P2P.org</strong></a></h2><div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">A bit about us. We are an international company with 145 employees working from 37 countries worldwide.</div></div><p>Like many companies that will find our material valuable, we operate in different time zones and entirely remotely. But several challenges are unique or specific to us:</p><p><strong>1) Geographic Diversity</strong> - We aren't just distributed; we work with people from various parts of the world.</p><p><strong>2) Language and Cultural Aspects</strong> - We use English as the standard language for corporate communication. However, our team members come from diverse language backgrounds, including Korean, Czech, Russian, and Indian, representing both Western and Eastern cultures.</p><p><strong>3) Rapid Growth Pace</strong> - We are an example of a rapidly growing company. From 35 employees in 2021, we grew to 100 in 2022, and now we have 145 employees in 2023. These numbers do not include our projects, which have grown with us and have become autonomous.</p><p><strong>4) Technically Complex Domain</strong> - The crypto domain is technically challenging and unique due to the rapid evolution of technologies and industries and the constant obsolescence of knowledge.<br></p><h1 id="chapter-1-onboarding-from-ground-zero-to-mvp"><strong>Chapter 1: Onboarding from Ground Zero to MVP</strong></h1><p>So, how did our onboarding journey begin?</p><p>Onboarding is one of our company's most mature and refined processes, but it evolved from scratch through iterations.</p><p><strong>It all started with the need to grow from 35 employees to 100 within just one year. </strong>We assessed our hiring capabilities and realized we were up to the task. But what about the subsequent process?</p><p>It was at ground zero.</p><p>Our only communication channel was Slack, and we didn't use any visual organizational charts or clear action guides for new team members. Imagine the bewilderment of a new team member who gained access on the first day and had to ask questions and try to navigate independently. It was like a tough scout school.</p><p>This became the catalyst for us to start developing the onboarding process.</p><p>We decided to approach its creation as if we were building any other product – by focusing on our users and conducting interviews with them.</p><p>We identified the key stages of the lifecycle by analyzing an employee's journey from the moment they accept the offer to the end of their probationary period. <em>(Later, these were revised, leading to the list we provided at the beginning of the article, but more on that later).</em></p><blockquote>1. Pre-boarding<br><br>2. The first day<br><br>3. The first working month<br><br>4. Completion of the probation period</blockquote><p><strong>For each of these stages, we compiled a list of pain points.</strong></p><p>The majority of these pain points were found in pre-boarding. An unclear onboarding process, extended time frames between stages, lack of navigation, and the need to ask a thousand questions about the next steps. We focused on resolving these issues in our initial iteration.<br></p><h2 id="step-1-creating-a-step-by-step-pre-boarding-guide-for-employees"><strong>Step 1: Creating a Step-by-Step Pre-Boarding Guide for Employees</strong></h2><p>It took us some effort to break down this part of the process into steps and define roles and responsibilities. Additionally, <strong>we spent some time creating a process board in Notion and formatting the process into a checklist for employees.</strong></p><p><strong>Now, the employee's journey began with access to this step-by-step guid</strong>e, and for the first time, we heard positive feedback regarding our pre-boarding and navigation. Starting from document collection, signing NDAs, and ending with contract signing, our process began to function like a conveyor belt, with each function having its designated segment and SLA, whether it was HR, Legal, or Finance.</p><p>This was a significant improvement, but we knew it wasn't enough. Understanding procedures and roles is one thing, but in a distributed team, it's essential to have a unified entry point to the corporate wiki, efficient and without delays, to gain access and familiarize oneself with rituals, policies, and processes. This gave rise to a backlog of tasks for the next iteration of our onboarding development.<br></p><h2 id="step-2-creating-a-unified-company-wiki-and-handbook-prototype"><strong>Step 2: Creating a Unified Company Wiki and Handbook Prototype</strong></h2><p>In this iteration, <strong>we gathered existing company documents, knowledge bases, and procedures into a handbook</strong>, dividing it into logical sections.</p><p><strong>Now, the pre-boarding process for employees included familiarizing themselves with the handbook</strong>, where they could find schedules for team meetings, a list of benefits and the process for obtaining them, and a list of systems and their owners. Notably, it also included knowledge bases from our ecosystem.</p><p>This step allowed us to make significant progress in navigation, benefiting new employees and team leaders, as we included answers to inevitable questions in the onboarding guide.<br></p><h2 id="step-3-scaling-and-automation"><strong>Step 3: Scaling and Automation</strong></h2><p>So, we found ourselves at a point where we had created conditions for a reasonably smooth adaptation process. However, there was one drawback – manual processes. As you may recall, from the beginning of our story, we grew by 70 people in one year. Our newly established conveyor of processes started to malfunction under the weight of the workload.</p><p>This led us to the necessity of automation. Firstly, we identified the most time-consuming manual processes, such as handling requests for equipment and document flow.</p><p>At this stage, we could automate equipment requests by creating simple tickets for the performers. It made the process significantly more manageable. Over time, the request management system evolved into a full-fledged service desk portal. Still, at the outset, we used the most straightforward and most accessible tools, guided by one principle – the <strong>one-stop-shop service</strong>. In other words, creating employee requests through a single window with subsequent routing.<br></p><h2 id="step-4-introduction-of-the-people-partner-role"><strong>Step 4: Introduction of the People Partner Role</strong></h2><p>Now, our new employees are entering the workforce well-prepared and ready for their tasks. However, a new set of challenges emerged at this stage - building relationships and cultural integration. We were growing rapidly and couldn't keep up with building relationships and immersing our new hires in our culture. What's important is that, at this pace, we couldn't simply delegate this task to team leads and the team. They were all feeling overwhelmed.</p><p>That's when the role of People Partner emerged, responsible for the people experience from the moment an offer was accepted until the end of the probationary period (now extending throughout the employee's journey, up to the exit interview).</p><p>What improvements did the introduction of this role bring to onboarding?</p><ol><li>Accompaniment and progress monitoring at all stages of onboarding. We could immediately identify difficulties and assist.</li><li>The presence of a "buddy" for safe communication. No one hesitated to ask the People Partner a thousand obvious questions.</li><li>Analysis of the employee's experience through probation meetings. People Partners conducted regular 1-1 meetings with each new employee to assess the quality of their onboarding. The notes from these meetings allowed us to analyze and implement improvements based on feedback.</li><li>Introduction of new employees to the entire company. The People Partner gathered information about each new team member, including their experience, hobbies, and interesting facts. On the day they joined, a Slack post would welcome them. We always knew we were hiring unique specialists and professionals, but with the introduction of celebrations for new faces, we learned how talented, vibrant, and diverse they indeed were. Team members had more reasons to build informal connections, which was a significant victory.<br></li></ol><h1 id="chapter-2-from-process-efficiency-to-business-effectiveness">Chapter 2: From Process Efficiency to Business Effectiveness</h1><p>Drawing parallels between creating the onboarding process and developing a product, we could say <strong>we had successfully implemented an MVP at this stage</strong>.</p><p>The process was working and delivering value.</p><p>By this point, several significant changes had taken place. Internally, we reached our headcount target (<em>100 employees</em>), moving from rapid expansion to the stage of structuring and establishing the company (which also meant a growth crisis).</p><p>We expanded into new hiring regions, introducing unique cultural nuances and more excellent distribution.</p><p>Externally, there were political upheavals in 22, leading to talent migration and eventually a severe industry crisis, marking the onset of the crypto winter.</p><p>These changes were so profound that they impacted the market as a whole, our team, and our approach to doing business.</p><p><strong>Like many companies facing a bear market, we needed to focus on efficiency and business results, ensuring the company's resilience.</strong></p><p>Therefore, we had to adapt our processes to this new reality.<br></p><h2 id="step-5-setting-the-expectations-right"><strong>Step 5: Setting the Expectations Right</strong></h2><p>So, we decided to address the pains that were affecting not only the employee experience but also the business as a whole. We made an unpleasant discovery:</p><div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">goal-setting during the probationary period didn't always happen formally, promptly, in a structured manner, or transparently.</div></div><p>This led to the development of the goal-setting control process.<br><br>We started with simple ticket automation for tracking deadlines, ensuring that the problem wasn't technical in nature but rather related to the essence of goal-setting.</p><p>Initially, we gathered statistics on the average time it took for a new hire to receive their goals. Then, we conducted a fundamental analysis of their quality, looking for specific indicators, deadlines, and alignment with team goals.</p><p>This allowed us to train team leads and hiring managers on effective goal-setting and so somewhat jump-started the process.</p><p>We then included goal-setting with a team lead as one of the tasks in the new hire's onboarding process, making them a proactive participant. Perhaps this was the most effective component.</p><p>Over time, our goal-setting process evolved, but more on that later.</p><p>At this point, we observed a mature process with clear pre-boarding, goal-setting, quality control, and experience monitoring at all stages. This was inspiring and uplifting for us.<br></p><h2 id="step-6-team-culture-integration-check"><strong>Step 6: Team & Culture Integration Check</strong></h2><p>As you might have guessed from the previous part, <strong>many insights about the onboarding process came from employees and team leads through Probation Meetings and probation-end feedback</strong>.</p><p>We were pretty satisfied with the process at this stage, but one aspect still required attention.</p><p>At the beginning of 2023, we introduced the company's values, integrated them into the hiring process, selected ambassadors, and recognized achievements.</p><p>For us, it became critically important to consider not only key onboarding success indicators but also the factor of cultural fit with the team and alignment with our values.</p><p>However, our process only had a 90-degree view - the employee's experience and the feedback from the team lead.</p><p>So, <strong>we turned to the 30-60-90 days practice</strong> and implemented it as follows.</p><p>Before meeting with the employee at the 30, 60, and 90-day marks, the team lead receives feedback from the team. This feedback allows them to assess employees' alignment with our values, culture, and team integration.</p><p>What did this achieve? Our view became broader, and the assessment became more timely. It's better to adjust goal-setting or cultural fit with the team at an early stage.<br></p><h1 id="chapter-3-where-we-are-now-and-a-glimpse-into-the-future"><strong>Chapter 3: Where We Are Now and a Glimpse into the Future</strong></h1><p>We've arrived at the concluding chapter of our story. It's time to share what our onboarding process looks like now, the successes we've achieved, and our plans for the future.</p><h3 id="so-our-current-process"><strong>So, our current process:</strong></h3><ul><li><strong>Pre-Boarding</strong>: Every new employee is accompanied by a People Partner through the paperwork process and follows a step-by-step onboarding plan we've implemented in Notion. From the company's side, the process is automated in Jira.</li><li><strong>First Day</strong>: On the first day, we publish news and a self-introduction of the new team members, welcoming them to the general Slack channel. Additionally, they meet the team and have a 1-1 session with the team lead. A digest email with navigation and access information is sent to the new team member's inbox.</li><li><strong>First 7 Days</strong>: At this stage, the new team member is ready to set goals for the probationary period. The People Partner's role is to assist with any questions at this stage and ensure the process continues smoothly.</li><li><strong>First 30 Days</strong>: The first goal alignment session involves the team lead and an HR representative (typically the recruiter who hired the employee). Feedback from the employee and team members is reviewed, and adjustments are made if necessary. During the first month, the People Partner also conducts a 1-1 meeting to assess onboarding quality from the new team member's perspective.</li><li><strong>First 60 Days</strong>: This is an intermediate checkpoint similar to the first meeting, but the focus here is on goals. There's still a month ahead, providing time to address any difficulties.</li><li><strong>First 90 Days</strong>: Here, the final results are discussed, achievements are evaluated, and the success of the probationary period is assessed. At this stage, we know we're ready to move forward together with a solid foundation for work.<br></li></ul><h2 id="our-current-status-and-future-roadmap"><strong>Our Current Status and Future Roadmap</strong></h2><p>What have these improvements resulted in? It's time to provide insights into our current status, the metrics we are measuring, and our vision for future development.</p><ol><li><strong>Low Early Voluntary Churn (During Probationary Period)</strong>. For example, in 2023, this indicator was 0.8%.</li><li><strong>Efficient Pre-Boarding Process</strong>. Signing an NDA takes 1-2 days with an SLA of 48 hours, and the contract takes 72 hours.</li><li><strong>Reduced Time-to-Proficiency</strong>. 100% of employees complete pre-boarding by day 1, are informed about basic processes, and are ready to work. 100% of new team members have their goals set within the first 2 weeks of work.</li><li><strong>Time and Resource Savings</strong>: We've reduced the time team leads spend on adaptation and navigation.</li><li><strong>Employee Satisfaction</strong>: Over 95% of employees currently rate the process as "excellent."<br></li></ol><h2 id="our-plans-for-the-future"><strong>Our Plans for the Future</strong></h2><ol><li><strong>Improving the Quality and Structure of Feedback.</strong></li></ol><p>No matter how well the process works, feedback is always a creative and thoughtful part that requires continuous development through reflection. What message are we conveying with our feedback? What intentions do we want to share?</p><p>2. <strong>Probation Feedback as a Performance Management Component.</strong></p><p>We want to integrate feedback on probation goals with the company's overall performance management cycle. From an employee's lifecycle perspective, onboarding is not a standalone part but the beginning of the employee journey map.<br></p><h1 id="conclusion-and-takeaways"><strong>Conclusion and Takeaways</strong></h1><ol><li><strong>Identify Your Internal Customers Groups and Who You're Striving to Deliver Key Value.</strong></li></ol><p>In almost all cases, these will be new employees as one group, team leaders as the second, and HR+back office as the third. In our story, we focused on the first two, but it might be different in your case.</p><p>2. <strong>Invest in Pre-Onboarding Development; These Investments Will Pay Off.</strong></p><p>Pre-onboarding quality will determine who joins you on their first working day—someone confused and unsure of how to set up email or an informed and fully prepared professional.</p><p>3. <strong>Transparency of Goals and Expectations is the Foundation of Long-term Commitments.</strong></p><p>We expect commitment to the cause from people, but how can we expect that if we ourselves don't know what success looks like? Show employees the company's goals, team goals, and what personal contribution you expect from them.</p><p>4. <strong>Technology Matters, but It Doesn't Replace People.</strong></p><p>Regardless of how technologically advanced your process is, replacing human support in the first few days is challenging. The People Partner plays this crucial role in our company, but in others, it may be someone else. It's essential to understand that human support is critical at this stage.</p><p>5. <strong>Observation and Timeliness.</strong></p><p>Resources are too valuable to discover that something went wrong after 90 days. It's crucial to monitor and promptly respond to any deviations. Monitoring goal achievement, team alignment, and alignment with values can be aided by the 30-60-90 approach.<br></p><h2 id="the-overall-message"><strong>The Overall Message?</strong></h2><div class="kg-card kg-callout-card kg-callout-card-red"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Use an iterative process. Start with something simple, actively seek feedback, analyze, and then refine.</div></div><p>This strategy allows you to tailor the onboarding process to fit your team's specific needs and culture. We hope our experience and ideas will serve as a source of inspiration and guidance in your onboarding efforts, demonstrating that continuous improvement is the key to a genuinely practical and enriching onboarding experience.</p>
from p2p validator
<div class="kg-card kg-callout-card kg-callout-card-red"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">This guide outlines the steps to create a Vara Account and stake your assets in Vara. Contact us for those holding over 1M VARA to learn about special staking conditions.</div></div><h2 id="create-vara-account">Create Vara account</h2><p>To create a Vara account, use popular substrate-based wallets such as SubWallet, Talisman, or the Polkadot.js browser extension. For secure storage, consider Polkadot Vault. Note that Ledger support is not yet available. Being Substrate-based, Vara supports any keypair compatible with sr25519.</p><p><strong>Remember, your seed phrase is crucial for account access. If lost, you can restore your account with it, but if someone else gets it, they can access it. </strong>Store your seed securely on encrypted hard drives, non-digital devices, or ideally on paper, and protect it from physical damage. Never store it on an internet-connected device.</p><h2 id="staking-vara">Staking Vara</h2><p>Here's how to stake Vara tokens via the user-friendly staking dashboard at <a href="http://staking.vara-network.io/?ref=p2p.org" rel="noopener noreferrer">staking.vara-network.io</a>. Alternative methods include the Polkadot js <a href="https://wiki.vara-network.io/docs/staking/nominate?ref=p2p.org#via-polkadotjs-app" rel="noopener noreferrer">portal</a> and wallets like <a href="https://wiki.vara-network.io/docs/staking/nominate?ref=p2p.org#via-subwallet" rel="noopener noreferrer">SubWallet</a>.</p><ol><li>On the dashboard at <a href="http://staking.vara-network.io/?ref=p2p.org" rel="noopener noreferrer">staking.vara-network.io</a>, locate and click on the <em>Nominate</em> tab, then select <em>Start Nominating</em>. Before proceeding, check the minimum stake required for rewards in the dashboard's upper right corner to be eligible to earn rewards.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-9.png" class="kg-image" alt loading="lazy" width="2000" height="889" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-9.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-9.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-9.png 1600w, https://p2p.org/economy/content/images/2023/12/Untitled-9.png 2000w" sizes="(min-width: 720px) 720px"></figure><p>2. Choose how you'd like to receive staking rewards:</p><ul><li><strong>Compound</strong>: Automatically send your rewards into staking.</li><li><strong>To Your Account</strong>: Transfer rewards directly to your account.</li></ul><p>Choose your preference and click <em>Continue</em>.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-10.png" class="kg-image" alt loading="lazy" width="2000" height="894" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-10.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-10.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-10.png 1600w, https://p2p.org/economy/content/images/size/w2400/2023/12/Untitled-10.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>3. In the next step, select <a href="http://p2p.org/?ref=p2p.org" rel="noopener noreferrer">P2P.org</a> validators:</p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text"><a href="http://p2p.org/?ref=p2p.org" rel="noopener noreferrer">P2P.org</a> validators are: kGjHi4aF1zDb2JT48MvbnewABfaNALErUmE37MA4mz3TPNDow kGihcNQrRgRLYuQDRJz8wdWNAi2ZXY47ythXqNn7xZJWXFsHU kGj8KXh6hsXu9qVK5ZbPsuuzp9dhRoGph5TkgMr7RfMVY4GLM kGiaJX7Q9BqL1paxJQ46Xg6XzSHKKsYThafPM3NL1VvtjXymT</div></div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-11.png" class="kg-image" alt loading="lazy" width="2000" height="902" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-11.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-11.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-11.png 1600w, https://p2p.org/economy/content/images/size/w2400/2023/12/Untitled-11.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>4. Finally, input the amount you wish to stake and confirm by clicking <em>Start nominating</em>.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-12.png" class="kg-image" alt loading="lazy" width="2000" height="888" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-12.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-12.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-12.png 1600w, https://p2p.org/economy/content/images/2023/12/Untitled-12.png 2000w" sizes="(min-width: 720px) 720px"></figure><p>Staking will become active in the next 12-24 hours. You can monitor the status and effectiveness of your nominations from the same <em>Nominate</em> tab.</p><h2 id="staking-vara-via-nomination-pool">Staking Vara via nomination pool</h2><p>Vara offers a nomination pool system for smaller token holders, allowing you to earn rewards with a stake as small as 1 VARA.</p><p>In this guide, we will follow you on the steps to stake your Vara tokens using the most user-friendly way via the staking dashboard at <a href="https://staking.vara-network.io/?ref=p2p.org">staking.vara-network.io</a>. There are alternative ways to stake via Polkadot js <a href="https://wiki.vara-network.io/docs/staking/nominate?ref=p2p.org#via-polkadotjs-app">portal</a> and wallets (for example, <a href="https://wiki.vara-network.io/docs/staking/nominate?ref=p2p.org#via-polkadotjs-app-using-subwallet-browser-as-an-example">SubWallet</a>).</p><p>1. Click on Join on the Pools tab on the staking.vara-network.io dashboard.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-13.png" class="kg-image" alt loading="lazy" width="2000" height="921" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-13.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-13.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-13.png 1600w, https://p2p.org/economy/content/images/2023/12/Untitled-13.png 2000w" sizes="(min-width: 720px) 720px"></figure><p>2. Choose an active pool from the list to ensure you're eligible for rewards.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-14.png" class="kg-image" alt loading="lazy" width="2000" height="921" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-14.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-14.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-14.png 1600w, https://p2p.org/economy/content/images/2023/12/Untitled-14.png 2000w" sizes="(min-width: 720px) 720px"></figure><p>3. Enter the amount you wish to stake in the selected pool and confirm by clicking <em>Submit</em>.</p><div class="kg-card kg-callout-card kg-callout-card-red"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">Pool staking rewards are not claimed automatically. It would be best if you claimed them periodically.</div></div><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/12/Untitled-15.png" class="kg-image" alt loading="lazy" width="2000" height="921" srcset="https://p2p.org/economy/content/images/size/w600/2023/12/Untitled-15.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/12/Untitled-15.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/12/Untitled-15.png 1600w, https://p2p.org/economy/content/images/2023/12/Untitled-15.png 2000w" sizes="(min-width: 720px) 720px"></figure><p>Like direct staking, pool staking will be operational within 12-24 hours, and you can track the progress in the <em>Pools </em>tab.</p><p>All credits for used materials belong to Vara Network; please refer to the official <a href="https://wiki.vara-network.io/docs/account/create-account?ref=p2p.org">guide</a> on how to create an account and <a href="https://wiki.vara-network.io/docs/staking/nominate?ref=p2p.org">guide</a> for staking for more detailed information.</p><h2 id="about-p2p-validator">About P2P Validator</h2><p><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, securing over $2 billion by over 10,000 delegators/nominators across 25+ high-class networks.</p><hr><p><em>Do not hesitate to ask questions in our </em><a href="https://t.me/P2Pstaking?ref=p2p.org"><em>Telegram chat</em></a><em> or contact Alex via</em> <a href="mailto:[email protected]">[email protected]</a><em>. We are always open for communication.</em></p><hr><p><strong>Web:</strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Stake DOT with us:</strong> <a href="https://p2p.org/polkadot?ref=p2p.org">https://p2p.org/polkadot</a></p><p><strong>Twitter:</strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>
from p2p validator
<p>The following is a step-by-step guide to transferring MPONDs earned in FlowMint stakedrop from Matic to Ethereum, and staking them using the Marlin network for an approximate APR of 10-12%.</p><h3 id="adding-mpond-to-metamask">Adding MPOND to MetaMask</h3><ol><li>To begin, you must <a href="https://p2p.org/economy/how-to-claim-mpond-during-flowmint-stakedrop/">harvest your MPOND</a> from FlowMint stakedrop.</li><li>To see your MPONDs on the MetaMask on Matic, add the MPOND token as a Custom Token in the MetaMask settings. To do so, navigate to MetaMask, click 'Add Token' and input the contract code below:</li></ol><p> MPOND contract - <strong>0x27B064fE4B708fDa0fD0C4ff2b78a1e4DAB812D1</strong>.</p><h3 id="transferring-mpond-from-matic-to-metamask">Transferring MPOND from Matic to MetaMask</h3><ol><li>To begin the process, go to <a href="https://wallet.matic.network/bridge?ref=p2p.org">wallet.matic.network/bridge</a> and connect your MetaMask using the Matic Network add-in.</li></ol><p>When prompted, select the following options:</p><ul><li><em>From Matic to Ethereum</em></li><li><em>Transfer Mode: PoS Bridge</em></li><li><em>Token: Marlin (Mpond)</em></li></ul><p>After configuring details, press Transfer.</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/-EPHar6mXzR9g4b_aUHtuwoYeNopbVCum-9xgKtG2oYHAogiNDx8kA39im7CPhDp08P9uywP7hMABMUWXYT2hyes8q2Xk-PUmsUW4ZsiWhdvCi4vXVUY4KfcZCBREuevG0iAeT57" class="kg-image" alt loading="lazy"></figure><p><br>After pressing transfer you will be prompted with a transaction overview screens. Press continue as in the screenshots pictured below. </p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/04/image-2.png" class="kg-image" alt loading="lazy" width="2000" height="915" srcset="https://p2p.org/economy/content/images/size/w600/2021/04/image-2.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/04/image-2.png 1000w, https://p2p.org/economy/content/images/size/w1600/2021/04/image-2.png 1600w, https://p2p.org/economy/content/images/size/w2400/2021/04/image-2.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>After confirming the transaction, you have to wait for the initialisation process. You can see the transaction status in the upper right corner. After a successful confirmation, you will pay fee in MATIC.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/04/image-1.png" class="kg-image" alt loading="lazy" width="2000" height="774" srcset="https://p2p.org/economy/content/images/size/w600/2021/04/image-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/04/image-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2021/04/image-1.png 1600w, https://p2p.org/economy/content/images/size/w2400/2021/04/image-1.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>Once the "Checkpoint" has arrived [see image on the right above], switch the network in the MetaMask settings from Matic to Ethereum and click Continue.</p><p>Sign the transaction on the Ethereum network to initiate the withdrawal of MPOND tokens from Matic to Ethereum.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/04/image-3.png" class="kg-image" alt loading="lazy" width="2000" height="1072" srcset="https://p2p.org/economy/content/images/size/w600/2021/04/image-3.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/04/image-3.png 1000w, https://p2p.org/economy/content/images/size/w1600/2021/04/image-3.png 1600w, https://p2p.org/economy/content/images/size/w2400/2021/04/image-3.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>After the transaction is signed, you will receive the MPOND tokens on the Ethereum network. To see the MPOND token in Metamask, use the MPOND contract address on the Ethereum network. </p><p>MPOND contract address: 0x1C77d15857646687005dbbAfFf5873F4495a9731</p><p>Now you can stake your MPOND tokens! </p><p>Use the following tutorial to <a href="https://p2p.org/economy/stake-pond-with-marlin/">stake your POND/MPOND tokens with P2P Validator</a>.</p><hr><p><strong><strong>If you have any questions, </strong>please stop by the<strong> </strong><a href="https://t.me/P2Pstaking?ref=p2p.org">P2P T<strong>elegram</strong></a>.</strong></p><hr><h3 id="about-p2p-validator"><strong>About P2P Validator</strong></h3><p>P2P Validator is a world-leading non-custodial staking provider securing more than $3.2 billion from over 10,000 delegators across 25+ high-class staking networks. </p><h3 id="learn-more-">Learn more:</h3><p><strong>Web</strong>: <a href="https://p2p.org/?utm_source=blog&utm_campaign=sol_guide">p2p.org</a><br><strong>Twitter</strong>: <a href="https://twitter.com/P2Pvalidator?ref=p2p.org">@p2pvalidator</a><br><strong>LinkedIn</strong>: <a href="https://www.linkedin.com/company/p2p-org/?ref=p2p.org">linkedin.com/company/p2p-org</a><br><strong>Telegram</strong>: <a href="https://t.me/P2Pstaking?ref=p2p.org">t.me/P2Pstaking</a></p>
from p2p validator