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Cosmos

Cosmos ATOM Staking Guide [Keplr + Ledger]

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This tutorial helps you stake and manage ATOM tokens on the Cosmos blockchain, using both the Keplr Browser Extension and Web Wallet together with your favorite Ledger device.

This guide will help you

  1. Set up your Keplr Wallet.
  2. Stake ATOMs on the Cosmos blockchain to earn ATOM staking rewards.
  3. Manage your Cosmos ATOM stake and grow your portfolio

Before you start:

See below for a step-by-step guide.


I. Setting up your Keplr Wallet

  1. Open the Keplr Browser Extension (available for Chrome and Brave) and press ‘Import Ledger’.

2. Give the account a name, then click ‘Next’.

3. Plug in and unlock your Ledger device. Open the Cosmos app and click ‘Next’.

4. Your Keplr account is successfully connected to your Ledger device.

Now let's start staking!


II. Staking ATOM on the Cosmos blockchain

  1. Open the Keplr Browser Extension and choose your Ledger account (via the ‘human icon’).
  2. Copy your address by clicking ‘Deposit’ first, then fund your account with ATOM.
  3. Once you have a balance, you can proceed with the ‘Stake’ option.

4. Choose your validator (P2P.ORG - P2P Validator) then click ‘Manage’ and ‘Delegate’ in the next picture.

5. Choose the amount of ATOMs you want to stake and click ‘Delegate’.

6. Set your preferred fee (there are three options available) by hitting ‘Set Fee’.

7. In the following window, double-check the amount you are going to delegate as well as the P2P Validators’ address (you can see the first and last few digits only).

8. Check the information on your Ledger device and click ‘Approve’ on it.

9. Use the Dashboard within the Keplr Web Wallet or Mintscan, one of the popular block-explorers, to see whether your delegation was successful.


P2P Validator’s Cosmos address:

cosmosvaloper132juzk0gdmwuxvx4phug7m3ymyatxlh9734g4w


Now let’s try to manage your staking assets.


III. Managing your Cosmos stake

Claim your ATOM staking rewards

  1. Open the Keplr Browser Extension and click ‘Claim’.
  2. Choose your comfortable fee by hitting ‘Set Fee’ in the appropriate pop-up screen.
  3. Plug in your Ledger device, unlock, and open the Cosmos app on it, then click ‘Next’ in the Browser Extension pop-up.
  4. Review the transaction on your Ledger device and confirm it by hitting the two buttons on your hard wallet.

Compound your ATOM staking rewards to increase your return

  1. Open the Keplr Web Wallet and, find your validator (P2P Validator) in the Staking Menu, click ‘Manage’ and then ‘Delegate’.
  2. Choose the fees in the subsequent pop-up, hit ‘Set Fee’.
  3. Plug in your Ledger device, unlock, and open the Cosmos app on it, then click ‘Next’ in the Browser Extension pop-up.
  4. Review and sign transaction by hitting ‘Approve’ on your Ledger device.

Cosmos (ATOM) Staking FAQ:

  • The current ATOM staking APY is approximately 10.60% per year.
  • You need to have some funds remaining on your account while staking to ensure you can cover transaction fees.
  • Claiming rewards is a manually process which involves transaction fees.
  • Cosmos staking rewards are paid out in real-time, with rewards accruing approximately every 7 seconds.
  • The Cosmos network has a 21 day unstaking period throughout which your tokens will not be transferable.

That’s it.

Now you know how to delegate and compound your Cosmos staking rewards using both the Keplr Browser Extension and the Keplr Web Wallet together with your Ledger device.

If any questions arise, whether on Cosmos staking or not, feel free to contact us via Twitter, Telegram, LinkedIn, or email.


About P2P Validator
P2P Validator is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities securing more than 3 billion of USD value at the time of the latest update.

P2P Validator is trusted by over 24,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance.

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