P2P.org is pleased to announce the introduction of its Nomination Pool on the Polkadot network. Polkadot has established itself as a leader in the blockchain industry since 2020, known for its security, decentralization, and energy efficiency. Staking on Polkadot has been challenging, particularly for users without a technical background. Our new nomination pool addresses these issues.
Traditionally, staking required substantial DOT holdings and a detailed understanding of validators, making it complex and often inaccessible. Introducing nomination pools is a significant step in Polkadot's development, simplifying the staking process.
Pool name: P2P.ORG nomination pool: 4.5% fee (creator account: 13YA8vMJxR8BjQgRFLMBz7MtL173HUGyU4wjUXK84LJXcDRP and stash account 13UVJyLnbVp8c4FQeiGQNRTXs4HEwemqcVLmuJwTuP2Uekwo)
Joining the P2P.org nomination pool is straightforward. Please follow our instructions.
Criteria | Direct Nomination | Joining a Pool |
---|---|---|
Minimum Stake | Minimum 250 DOT | Minimum 1 DOT |
Rewards Management | Automatically compounded or sent to any account | Rewards can be manually claimed to the pool member's account and be bonded again |
Slashing Risk | All active nominators are subjected to slashing | All pool members are subjected to slashing |
Bond and Stake Duration | Can bond and stake DOT indefinitely | Can bond and stake DOT until the pool exists |
Unbonding Period | 28 days, can switch validators without unbonding | 28 days, need to unbond before switching to a different pool |
Governance Participation | Possible with staked tokens | Not possible with staked tokens |
Reward Claiming | Rewards payout can be triggered permissionlessly by anyone | The pool member must claim the rewards |
Fund Management | Bonded funds remain in your account | Bonded funds are transferred to a pool account administered by the network protocol |
Validator Management | Nominator manages the list of staked validators (up to 16) | Nominations managed by the pool operator |
Secure your DOTs with P2P.org and be part of the evolving world of Polkadot staking. Join us in securing the network and shaping the future of decentralized finance.
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. We have been actively participating in the Polkadot network since the beginning.
Do not hesitate to ask questions in our Telegram chat or contact Alex via [email protected]. We are always open for communication.
Web: https://p2p.org
Stake DOT with us: https://p2p.org/polkadot
Twitter: @p2pvalidator
Telegram: https://t.me/P2Pstaking
<p></p><p>P2P.org is pleased to announce our new partnership with the OKX Wallet Web Extension, marking a significant milestone in making non-custodial staking more accessible and user-friendly to everyone. This integration with OKX, a leading cryptocurrency wallet owned and operated by OKX Exchange, enables users to connect with P2P.org's non-custodial staking and network validation services with unparalleled ease and security.<br></p><p><strong>Experience the Synergy of P2P.org and OKX Wallet in Just a Few Clicks</strong><br></p><p>Leveraging the seamless interface of the OKX Wallet Web Extension, users can now engage with P2P.org's platform in mere minutes:<br></p><p>1. <strong>Download and Set Up:</strong> Initiate by downloading the OKX Wallet extension for Chrome or Firefox and securely create or import your wallet.</p><p><strong> * Chrome web store download address: </strong><a href="https://chrome.google.com/webstore/detail/okx-wallet/mcohilncbfahbmgdjkbpemcciiolgcge?ref=p2p.org">https://chrome.google.com/webstore/detail/okx-wallet/mcohilncbfahbmgdjkbpemcciiolgcge</a></p><p><strong> * Firefox browser add-ons download address: </strong><a href="https://addons.mozilla.org/en-US/firefox/addon/okexwallet/?ref=p2p.org">https://addons.mozilla.org/en-US/firefox/addon/okexwallet/</a> <br></p><p>2. <strong>Fund Your Wallet:</strong> Easily add funds through a direct transfer, QR code scan, or from OKX to the OKX Wallet Web Extension.<br>3. <strong>Connect and Go:</strong> Finally, connect your OKX Wallet to P2P.org's official web app to access our platform's features securely.</p><figure class="kg-card kg-image-card"><img src="https://lh7-us.googleusercontent.com/ssTIwkm6VdlhmJnHS6R1jR0pIpTmWnkd0eNIOj8th-pO-ddfiInUKCK6SnUeAghOlYHTI2TrSaplRACdtSAlRIgmf7g-EJfeelMxNRcgraQWNUGOefVCMj2cE5KCLziwlo9q668mQGLlTVIsGA7VNhU" class="kg-image" alt loading="lazy" width="602" height="411"></figure><p><strong>Unified Vision for a Decentralized Future</strong><br></p><p>Through this partnership, we're not just offering a tool but bridging the legacy of P2P.org's robust staking infrastructure with OKX's innovation in simplifying cryptocurrency adoption. Our unified aim is to deliver a superior, multi-chain experience that upholds privacy, security, and user sovereignty.<br></p><p><strong>Your Safety, Our Priority</strong><br></p><p>We at P2P.org, in alignment with OKX's commitment to security, remind users to safeguard their seed phrases and passwords. Our integration with OKX Wallet ensures you have a trusted companion for your staking strategy.<br></p><p>As P2P.org and OKX Wallet redefine the approach to Web3 services, we invite you to be part of this transformative journey. For a full breakdown of how to set up and manage your OKX Wallet Web Extension, please visit OKX Official Medium Post: <br><br><a href="https://medium.com/@okxweb3/access-p2p-org-using-the-okx-wallet-web-extension-3082367ac49b?ref=p2p.org">https://medium.com/@okxweb3/access-p2p-org-using-the-okx-wallet-web-extension-3082367ac49b</a> <br></p><p>Contact our 24/7 customer service on Telegram for support or inquiries.<br><a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a>. <br></p><p>To speak with OKX Wallet customer support, please visit: </p><p><strong>Discord</strong></p><p>English: <a href="https://discord.gg/e6EyvM5QwM?ref=p2p.org">https://discord.gg/e6EyvM5QwM</a> <br>Chinese: <a href="https://discord.com/invite/hkCGKbbbqf?ref=p2p.org">https://discord.com/invite/hkCGKbbbqf</a> <br><br><strong>Email</strong><br>[email protected]</p>
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<p>This guide will follow through the process of joining the <a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> nomination pool.<br></p><h2 id="joining-a-nomination-pool"><strong>Joining a Nomination Pool</strong></h2><p><strong>Bonding Requirements</strong>: Note that pooling your DOTs requires bonding them, and once pooled, it takes 28 days to withdraw them.</p><ol><li><strong>Visit the </strong><a href="https://staking.polkadot.network/?ref=p2p.org"><strong>Polkadot Staking Dashboard</strong></a><strong> and locate the Pools tab.</strong></li></ol><p>Link your Polkadot account to the Polkadot Staking Dashboard. This is the official portal for managing your staking. You can attach any Polkadot-supported account like SubWallet, Talisman, the Polkadot.js browser extension, and many others. It's also possible to attach your Ledger device or Polkadot Vault.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-27-20at-2015.52.39-1.png" class="kg-image" alt loading="lazy" width="2000" height="783" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-27-20at-2015.52.39-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-27-20at-2015.52.39-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/05/Screenshot-202024-05-27-20at-2015.52.39-1.png 1600w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-27-20at-2015.52.39-1.png 2000w" sizes="(min-width: 720px) 720px"></figure><ol start="2"><li><strong>Navigate to the "All Pools" tab:</strong> enter the name of <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> Pool: <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> Slashing Protected Pool and tap "More."</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-27-20at-2015.58.00-1.png" class="kg-image" alt loading="lazy" width="2000" height="640" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-27-20at-2015.58.00-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-27-20at-2015.58.00-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/05/Screenshot-202024-05-27-20at-2015.58.00-1.png 1600w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-27-20at-2015.58.00-1.png 2000w" sizes="(min-width: 720px) 720px"></figure><div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text"> Note that the bonded funds are transferred to a pool account administered by the network protocol and are not accessible to anyone else. <br><br>See <a href="https://wiki.polkadot.network/docs/learn-account-advanced?ref=p2p.org#system-accounts">System Accounts</a> for more information.</div></div><p></p><ol start="3"><li>In the opened window, you will see the details of the P2P.org Nomination Pool. Check that the ID of the pool is correct (#238). Input the desired amount of bond to stake (1 DOT in the example - as 1 DOT is the minimum amount to stake), and choose one of the reward-claiming options. Finally, click Join Pool.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.30.24-1.png" class="kg-image" alt loading="lazy" width="2000" height="1169" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2012.30.24-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2012.30.24-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/05/Screenshot-202024-05-28-20at-2012.30.24-1.png 1600w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.30.24-1.png 2000w" sizes="(min-width: 720px) 720px"></figure><div class="kg-card kg-callout-card kg-callout-card-grey"><div class="kg-callout-emoji">💡</div><div class="kg-callout-text">There is no automatic rewards-claiming feature.<br>It would help if you claimed rewards manually.<br>P2P.ORG is working on automating reward claims under certain conditions.<br><br>The available options are:<br><br><b><strong style="white-space: pre-wrap;">Allow Withdraw</strong></b>: Anyone can claim the rewards on your behalf as a transferable balance in your account.<br><br><b><strong style="white-space: pre-wrap;">Allow Compound</strong></b>: It grants permission to anybody to claim and compound your rewards.<br><br><b><strong style="white-space: pre-wrap;">Pemissioned</strong></b>: Only you can claim rewards.</div></div><p></p><ol start="4"><li><strong>Sign the Transaction</strong> using your wallet.</li><li>Your dashboard will show the information about the nomination pool.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.39.30-1.png" class="kg-image" alt loading="lazy" width="2000" height="898" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2012.39.30-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2012.39.30-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/05/Screenshot-202024-05-28-20at-2012.39.30-1.png 1600w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.39.30-1.png 2000w" sizes="(min-width: 720px) 720px"></figure><p></p><h2 id="leaving-a-nomination-pool"><br><strong>Leaving a Nomination Pool</strong></h2><ol><li><strong>Navigate to your Pool</strong>: Click' Manage' in the 'Pools' section.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-1.png" class="kg-image" alt loading="lazy" width="2000" height="898" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-1.png 1600w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-1.png 2000w" sizes="(min-width: 720px) 720px"></figure><ol start="2"><li><strong>Select ‘Leave Pool’</strong>, review the unbonding amount, then click 'Submit'. Your funds will be available after 28 days in Polkadot. </li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2013.38.26-2.png" class="kg-image" alt loading="lazy" width="1190" height="508" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2013.38.26-2.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2013.38.26-2.png 1000w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2013.38.26-2.png 1190w" sizes="(min-width: 720px) 720px"></figure><ol start="3"><li><strong>Sign the Transaction</strong> using your wallet.</li></ol><h2 id="how-to-manually-claim-your-pool-rewards"><br><strong>How to Manually Claim Your Pool Rewards</strong></h2><p><a href="http://p2p.org/?ref=p2p.org">P2P.org</a> claims daily all validators’ rewards.<br>However, in nomination pools, <strong>rewards must be manually claimed by the pool member and then can be bonded back into the pool for compounding or used as a free balance.</strong></p><ol><li>To claim the pool’s rewards, go to the Pools tab on the Polkadot staking dashboard and check your unclaimed rewards.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-202-1.png" class="kg-image" alt loading="lazy" width="2000" height="898" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-202-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-202-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-202-1.png 1600w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2012.39.30-20copy-202-1.png 2000w" sizes="(min-width: 720px) 720px"></figure><ol start="2"><li><strong>Choose Reward Action:</strong></li></ol><ul><li>Click "Withdraw" to add staking rewards to your transferable balance.</li></ul><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2013.40.54-1.png" class="kg-image" alt loading="lazy" width="1194" height="414" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2013.40.54-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2013.40.54-1.png 1000w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2013.40.54-1.png 1194w" sizes="(min-width: 720px) 720px"></figure><ul><li>Click "Compound" to return your rewards to the pool, increasing your stake.</li></ul><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2013.40.49-1.png" class="kg-image" alt loading="lazy" width="1180" height="442" srcset="https://p2p.org/economy/content/images/size/w600/2024/05/Screenshot-202024-05-28-20at-2013.40.49-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2024/05/Screenshot-202024-05-28-20at-2013.40.49-1.png 1000w, https://p2p.org/economy/content/images/2024/05/Screenshot-202024-05-28-20at-2013.40.49-1.png 1180w" sizes="(min-width: 720px) 720px"></figure><ol start="3"><li><strong>Click "Submit"</strong> and sign the transaction to claim your rewards.</li></ol><p>For more detailed information, refer to the community guide on how to join the nomination pool and how to claim rewards.</p><p>If you are using Ledger, please refer to the ledger’s <a href="https://support.ledger.com/hc/en-us/articles/7533743296797-How-to-join-a-Polkadot-nomination-pool?docs=true&ref=p2p.org">instruction</a>s on how to join the nomination pool from the ledger.</p><h3 id="ledger-guides"><strong>Ledger guides</strong></h3><ol><li><a href="https://support.ledger.com/hc/en-us/articles/360018131260?docs=true&ref=p2p.org" rel="noopener noreferrer">Ledger’s guide on staking Polkadot (DOT) thought Ledger Live</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/7402653416477-How-to-use-the-Polkadot-Staking-Dashboard?docs=true&ref=p2p.org" rel="noopener noreferrer">Ledger’s guide on using Polkadot Staking dashboard</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/4403056215825-Set-up-and-use-polkadot-js-to-access-your-Ledger-Polkadot-DOT-accounts?docs=true&ref=p2p.org" rel="noopener noreferrer">Ledger’s guide on set up and use polkadot js to access your ledger Polkadot (DOT) accounts</a> and <a href="https://support.ledger.com/hc/en-us/articles/4416512532625-Set-up-and-use-polkadot-js-to-access-your-Ledger-Kusama-KSM-account?docs=true&ref=p2p.org" rel="noopener noreferrer">guide Kusama (KSM) accounts</a></li><li><a href="https://support.ledger.com/hc/en-us/articles/7533743296797-How-to-join-a-Polkadot-nomination-pool?docs=true&ref=p2p.org" rel="noopener noreferrer">Ledger’s guide on how to join a polkadot nomination pool</a></li></ol><h1 id="about-p2p-validator"><strong>About P2P Validator</strong></h1><p><a href="https://p2p.org/?ref=p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider, securing over $7.6 billion by over 10,000 delegators/nominators across 25+ high-class networks. We have been presented in all Polkadot testnets and have actively participated in the Kusama network since the beginning. P2P Validator invested its own funds in Polkadot in 2017 and intends to support the network in the long term.</p><hr><p><em>Do not hesitate to ask questions in our </em><a href="https://t.me/P2Pstaking?ref=p2p.org"><em>Telegram chat</em></a><em> or contact Alex via</em> <a href="mailto:[email protected]">[email protected]</a><em>. We are always open for communication.</em></p><hr><p><strong>Web:</strong> <a href="https://p2p.org/?ref=p2p.org">https://p2p.org</a></p><p><strong>Stake DOT with us:</strong> <a href="https://p2p.org/polkadot?ref=p2p.org">https://p2p.org/polkadot</a></p><p><strong>Twitter:</strong> <a href="https://twitter.com/p2pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><strong>Telegram:</strong> <a href="https://t.me/P2Pstaking?ref=p2p.org">https://t.me/P2Pstaking</a></p>
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