Manta Staking Guide

Manta Staking Guide

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Manta Atlantic is a prominent part of the Manta Network, 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.

This guide outlines the steps to create an account on the Polkadot network and stake your assets in Manta. If you hold more than 400 K Manta, contact us to learn about special staking offers.

Creating a Manta Atlantic account

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: https://app.manta.network/manta/bridge. 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.

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.

Step-by-step staking guide:

1. Navigate to the Manta staking dApp at https://app.manta.network/manta/stake. When you first visit this dApp, please allow the Polkadot js extension access.

2. After you connect, you will see your dashboard page. Please select the "Start staking" button to stake your Manta tokens.

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.

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.

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.

All credits for used materials belong to Manta Network. For more detailed information, please refer to the official staking guide.

About P2P Validator

P2P Validator is a world-leading non-custodial staking provider, securing over $2 billion by over 10,000 delegators/nominators across 25+ high-class networks.

Web: https://p2p.org

Stake DOT with us: https://p2p.org/polkadot

Twitter: @p2pvalidator

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