Looking to stake your GLMR but need help getting started? You've come to the right place. In this article we will be explaining in a easy step-by-step approach how to stake your GLMR. Let's get started.
1. The first thing that you will want to do is to connect to the Moonbeam dashboard. Navigate to the following page and select Metamask:
If you are not signed in yet, Metamask will ask you to sign in.
2. Metamask will then ask you: a) which account you wish to connect to, b) permission to add the Moonbeam network to your Metamask, and c) allow the website to switch your network to the Moonbeam network. Approve each pop-up.
3. If you find that your account is still not connected to the Moonbeam dashboard, go back to your Metamask account. It may ask you to connect your account again.
4. If you haven't yet deposited any GLMR to your Metamask account, you can do so by finding your address as shown in the image below:
5. Once you are connected to the dashboard, you will find information about your account including your available balance, staking balance, and even crowd loan rewards.
1. To stake your GLMR, head to the staking section in the dashboard. Scroll down and select "manage delegations".
2. Next you will have to select a Collator. Collators are responsible for validating blocks, and in return they will be recompensed with rewards. These rewards will then be shared with you, the delegator. More information about what collators are and how to select them here. Once you know who you will chose, click on "Select a Collator".
3. You can either select an active delegator or a waiting one. More information on how to chose a Collator here. For demonstrative purposes, I will select to delegate with P2P. Type in P2P and select this collator if you wish to delegate with us.
4. Next, enter the amount you wish to delegate (remember the minimum is 50 GLMR) and select "Delegate".
5. Metamask will prompt you to confirm the transaction. Select "Confirm".
Thats it! You are now staking your GLMR and you will start compounding your funds. You can track your stake on your staking dashboard.
If you have any questions, feel free to join our Telegram chat, we are always open for communication.
P2P Validator is a world-leading staking provider with the best industry security practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities. At the time of the latest update, more than 1.5 billion USD value is staked with P2P Validator by over 25,000 delegators across 25+ networks.
Want to stake GLMR with us? Visit https://p2p.org/networks/moonbeam to find out more about Moonbeam staking.
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<h3 id="p2p-is-building-neutron-a-permission-less-zone-featuring-cosmwasm-and-full-ibc-capability-including-interchain-accounts-and-queries-to-host-the-interchain%E2%80%99s-infrastructure-and-defi-protocols-neutron-is-proposed-to-launch-as-a-consumer-chain-secured-by-the-cosmos-hub">P2P is building Neutron, a permission-less zone featuring CosmWasm and full IBC capability (including Interchain Accounts and Queries) to host the Interchain’s infrastructure and DeFi protocols. Neutron is proposed to launch as a Consumer-Chain secured by the Cosmos Hub.</h3><!--kg-card-begin: markdown--><p> </p> <!--kg-card-end: markdown--><p>The vision of an ecosystem of the sovereign, interconnected blockchains is coming to life. As the technology underpinning Cosmos matures, adoption is picking up: a recent example, dYdX, a major Ethereum Perp-Trading protocol, announced it was moving to a custom App-Chain to provide better order book trading services to its users.</p><p>Not all protocols need the same degree of customization as dYdX does, though, and most would rather avoid the overhead associated with the construction of a generic zone. For these protocols, there needs to be a secure, well-connected CosmWasm hub where to deploy.</p><p>Currently, such a zone does not exist: no chain is as secure as the Cosmos Hub, and Proposal 69 showed the community’s preference for virtual machines to be released on Consumer-Chains, rather than the Hub itself.</p><p>Today, we are proud to announce we are making the Cosmonauts’ vision a reality: Introducing Neutron, a permission-less, Interchain-Secured CosmWasm smart-contracting environment for the Interchain.</p><!--kg-card-begin: markdown--><p> </p> <!--kg-card-end: markdown--><h3 id="what-is-neutron">What is Neutron?</h3><p>Neutron is designed to be the premier venue for Interchain Smart-Contract deployment:</p><p>Built with the Cosmos SDK, Neutron features native support for CosmWasm, a virtual machine that allows smart contracts written in Rust, AssemblyScript and other coding languages to run on Cosmos blockchains. The resulting smart-contracts have significant benefits over the release of code into an Appchain’s binary: they benefit from a large library of testing tools, are easier to deploy and upgrade, and can be audited more efficiently.</p><p>To protect its ecosystem from the get go, Neutron would be secured by 175 validators and roughly 186M staked ATOM, worth $1.5Bn at the time of writing. This is made possible by a technology called Interchain Security, which lets validators from a Provider-Chain (e.g. the Cosmos Hub) produce blocks for a Consumer-Chain (e.g. Neutron). Node operators are rewarded with additional native tokens, but can be sanctioned if they fail to validate the Consumer-Chain. In a nutshell, Interchain Security would provide Neutron with the same degree of security as the Cosmos Hub, the 10th largest blockchain by value staked.</p><p>Neutron is Interchain-oriented: it supports the Inter-Blockchain Communication protocol (IBC), Interchain Accounts (ICA), as well as Interchain Queries (ICQ), at launch. Initially, Interchain Queries will be provided by a custom implementation developed by P2P, and upgraded to the official release once it is available. This allows any protocol deploying on Neutron to effortlessly communicate with the rest of IBC, and enables complex operations such as interchain liquid staking or cross-chain collateralization.</p><p>Last but not least, Neutron is permission-less: it is an open platform where anyone can deploy code to join the Interchain’s economy. Neutron is a neutral foundation on which anything can be built. It does not presume the worth of a project, and does not favor the interests of a protocol over that of another. Neutron is a public-good, owned by the community, by its users.</p><!--kg-card-begin: markdown--><p> </p> <!--kg-card-end: markdown--><h3 id="what-is-p2p">What is P2P?</h3><p><a href="https://p2p.org/?ref=p2p.org">P2P</a> is a professional validator and a non-custodial staking provider which secures more than $1.5Bn in assets across the industry.</p><p>A long-term contributor to the Cosmos ecosystem, P2P has been securing the Cosmos Hub since genesis. It participated in the ATOM fundraiser and regularly open-sources its tooling.</p><p>At P2P, we have a strong conviction in the Interchain’s vision, which is why we help secure sixteen Cosmos networks, including Kava, Agoric, Evmos, Oasis and others.</p><p>P2P is an established player with valuable relationships across the DeFi industry: we see the need for a secure, permission-less, well-connected and reliable smart-contract platform. So, we built Neutron.</p><p>Over the coming weeks and months, we will be sharing more details about Neutron. The future of the Interchain is bright, let’s build it together: join the conversation over on the <a href="https://forum.cosmos.network/t/proposal-bringing-liquid-staking-and-defi-to-the-cosmos-hub-with-interchain-security/?ref=p2p.org">Cosmos Forum</a>.</p>
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<p>Before you start, make sure that you have downloaded the <a href="https://yoroi-wallet.com/?ref=p2p.org#/" rel="nofollow noopener noreferrer">Yoroi browser extension</a> and created a wallet. The first thing you will want to do once you have created a Yoroi wallet is to send some ADA to it.</p><h2 id="send-ada-to-your-yoroi-wallet"><strong>Send ADA to your Yoroi Wallet</strong></h2><p>1. To find your receiving address, select "Receive". <br></p><figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/370511950/0438020d732bb4c0435474a9/image.png" class="kg-image" alt loading="lazy"></figure><p>2. Here you can generate a new address and copy your address by selecting the button displayed below (2). Always make sure that your address is copied properly.<br></p><figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/370514146/aff3ef367ca9669351066b00/image.png" class="kg-image" alt loading="lazy"></figure><p>You will then use this receiver address to send your ADA from the wallet you are sending it from. Transfers are quick and you should see your ADA in less than a minute. Once the ADA has been transferred you will be able to view it in your dashboard.</p><figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/370516395/dea6490176985e054424e799/image.png" class="kg-image" alt loading="lazy"></figure><p>You are now ready to Stake!</p><h2 id="delegate-to-validators"><br><strong>Delegate to Validators</strong></h2><p>1. Select "Delegation List"</p><figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/370517334/62c80d0335f61d5be8f70792/image.png" class="kg-image" alt loading="lazy"></figure><p>2. Here you will find a list of validators to chose from. To find P2P Validator list of addresses input "P2P" in the text input field. Click on "Delegate" to select the pool you wish to stake with.<br></p><figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/370519473/e30669f2b018d1b1aa323b57/image.png" class="kg-image" alt loading="lazy"></figure><p>3. The total amount of ADA in your account will be staked (your ADA are never locked and can be transferred out of your wallet at anytime). Simply type in your spending password and select "Delegate" to confirm the transaction.</p><figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/370520334/00d1f50b44588b1602204ac1/Screenshot+2021-08-02+at+12.53.26.png" class="kg-image" alt loading="lazy"></figure><p>4. You will then receive a confirmation of your delegation transaction.</p><figure class="kg-card kg-image-card"><img src="https://downloads.intercomcdn.com/i/o/370521518/63679cfbc14a92ac84541369/Screenshot+2021-08-02+at+12.55.59.png" class="kg-image" alt loading="lazy"></figure><p>Thats it, now you can enjoy holding your ADA with the additional benefit of compounding them!</p><h3 id="about-p2p-validator"><strong>About P2P Validator</strong></h3><p><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading staking provider with the best industry security practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only high class staking opportunities. At the time of the latest update, more than 1.5 billion USD value is staked with P2P Validator by over 25,000 delegators across 25+ networks.</p>
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