Elrond (EGLD) Staking Guide Using Elrond Web Wallet

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We have created a step-by-step guide to help you stake Elrond (EGLD)  using the Elrond web wallet.

Create your Elrond Wallet

  1. First you need to go to the wallet website. Once there you will be prompted to begin the process. Start by pressing the “Let’s get started” box:

2. You will then be presented with some information about the wallet. Be sure to read it, and once you are done press the “Next step” box and finally the “Thanks for the info” box:

3. Now you can click on the “create wallet” box:

4. Read and select both prompts to continue:

5. Write down your seed phrase in a secure place that only you can access. This is used to gain back access to your wallet if you lose it. If you lose the seed phrase you may lose the funds stored in the wallet. Warning: Never share this with anyone.

6. Enter the words in the corrected order as prompted by the screen:

7. Next, create a password for your wallet (it must contain at least one number and a special character):

8. And you are all set! The wallet has been created. You might notice that a file was downloaded to your device. This file is required to access your wallet, so keep it safe. If you lose it you can recover access using the seed phrase.

Stake EGLD

1. First you need to go to the Stake section of the wallet. Select Stake on the Menu on the right-hand side of your screen:

2. You will be taken to the Staking Dashboard, where you can find information about your stake and rewards (once we complete the process). Once there press “stake now” and a new window will open:

3. Find P2P validator from the list and select it.

4. Input the amount you want to stake and press continue. Please note that a minimum of 1 EGLD is required to start staking:

5. In the next screen, you can review all the transaction information. If everything is in order, press the “confirm” button:

6. After a few seconds your transaction will be processed:

Your funds are now staking. You will start receiving rewards at the end of the next epoch with each epoch lasting 24 hours. Please note that you will have to manually claim your rewards.

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 4 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.

Want to stake Elrond (EGLD) with us? Visit https://p2p.org/elrond to find out more about Elrond staking.

If you have any questions, feel free to join our Telegram chat, we are always open for communication.

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