Axelar (AXL) Staking Guide

Post preview image

This tutorial helps you stake and manage AXL tokens on the Axelar network, using the Keplr Wallet.

You must also have the native AXL token on the Axelar network. If you have an ERC-20 version of the token follow this guide to bridge your tokens.

I. Setting up your Keplr Wallet

  1. Open the Keplr Browser Extension (available for Chrome and Brave) and press ‘Import Ledger’.
Create or sign in to Keplr Wallet

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

Keplr Account name

3.  Select the Axelar network from the dropdown list.

Select the Axelar network

II. Staking AXL on the Axelar blockchain

  1. Open the Keplr Browser Extension or go to the Keplr dashboard and choose the Axelar network.
Keplr Dashboard

2. Click on "Stake" in the Available Balance box.

Stake AXL

3. Choose P2P validator from the list of available Validators.

Select P2P Validator

4. Enter the amount of AXL you want to stake and press "Delegate".

Enter AXL amount

5. A pop-up window will show up with the transaction. Set your preferred fee and confirm the transaction.

You are all done. Your AXL tokens are now staking and earning rewards.

III. Claim your Axelar rewards

  1. Open the Keplr Browser Extension and click ‘Claim’.
Claim AXL

2. Choose your comfortable fee by hitting ‘Set Fee’ in the appropriate pop-up screen.

After claiming you can redelegate your tokens to compound your earnings.

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.

Subscribe to P2P-economy

Get the latest posts delivered right to your inbox

Read more