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></p><h3 id="joining-a-nomination-pool"><strong>Joining a Nomination Pool</strong></h3><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>Connect to Polkadot Staking Dashboard</strong>: Link your Polkadot account to the Polkadot Staking Dashboard.</li></ol><p>2.<strong> Select and Join a Pool</strong>: On the dashboard, choose 'Pools'> 'Join.' Find the "<a href="http://p2p.org/?ref=p2p.org">P2P.ORG</a> nomination pool: 4.5% fee" pool.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-1.png" class="kg-image" alt loading="lazy" width="2000" height="675" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/Untitled-1.png 1600w, https://p2p.org/economy/content/images/size/w2400/2023/11/Untitled-1.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>3. Select a pool and click 'Join'.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-2.png" class="kg-image" alt loading="lazy" width="491" height="86"></figure><p>4. Bond DOTs and Submit: Decide the DOT amount to bond, remembering the minimum bond amount is 1 DOT, and you need at least 2.25 DOTs in your balance (1 DOT for the existential deposit requirement and ~0.25 DOT for the transaction fee) and click 'Submit.'’</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-3.png" class="kg-image" alt loading="lazy" width="612" height="353" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-3.png 600w, https://p2p.org/economy/content/images/2023/11/Untitled-3.png 612w"></figure><p>5. Sign the Transaction using your wallet.</p><p>6. When it’s done, your dashboard will show the information about the nomination pool.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-4.png" class="kg-image" alt loading="lazy" width="1830" height="780" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-4.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled-4.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/Untitled-4.png 1600w, https://p2p.org/economy/content/images/2023/11/Untitled-4.png 1830w" sizes="(min-width: 720px) 720px"></figure><h3 id="leaving-a-nomination-pool"><strong>Leaving a Nomination Pool</strong></h3><ol><li><strong>Navigate to Pool</strong>: In the 'Pools' section, select the pool you wish to leave and click 'Leave.'</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-5.png" class="kg-image" alt loading="lazy" width="2000" height="603" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-5.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled-5.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/Untitled-5.png 1600w, https://p2p.org/economy/content/images/size/w2400/2023/11/Untitled-5.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>2. <strong>Unbound and Submit:</strong> Review the unbonding amount, then click 'Submit.' Your funds will be available in Polkadot after 28 days.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-6.png" class="kg-image" alt loading="lazy" width="1184" height="344" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-6.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled-6.png 1000w, https://p2p.org/economy/content/images/2023/11/Untitled-6.png 1184w" sizes="(min-width: 720px) 720px"></figure><p>3. <strong>Sign the Transaction</strong> using your wallet.</p><h3 id="how-to-manually-claim-your-pool-rewards"><strong>How to Manually Claim Your Pool Rewards</strong></h3><p><a href="http://p2p.org/?ref=p2p.org">P2P.org</a> claims daily all validators’ rewards. In nomination pools, rewards must be manually claimed by the pool member and can be bonded back into the pool for compounding.</p><ol><li><strong>Access Pools Tab</strong>: Go to the Pools tab on the Polkadot staking dashboard, where your unclaimed rewards are displayed.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-7.png" class="kg-image" alt loading="lazy" width="1962" height="730" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-7.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled-7.png 1000w, https://p2p.org/economy/content/images/size/w1600/2023/11/Untitled-7.png 1600w, https://p2p.org/economy/content/images/2023/11/Untitled-7.png 1962w" sizes="(min-width: 720px) 720px"></figure><p>2. <strong>Choose Reward Action</strong>:</p><ul><li>Click "Withdraw" to add staking rewards to your transferable balance.</li><li>Click "Bond" to return your rewards to the pool, increasing your stake.</li></ul><p>3. <strong>Claim Rewards</strong>: View the amount to claim and the estimated transaction fee. Click "Submit" and sign the extrinsic to claim your rewards.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2023/11/Untitled-8.png" class="kg-image" alt loading="lazy" width="1184" height="296" srcset="https://p2p.org/economy/content/images/size/w600/2023/11/Untitled-8.png 600w, https://p2p.org/economy/content/images/size/w1000/2023/11/Untitled-8.png 1000w, https://p2p.org/economy/content/images/2023/11/Untitled-8.png 1184w" sizes="(min-width: 720px) 720px"></figure><p>All credits for used materials belong to W3F. Please refer to the community <a href="https://support.polkadot.network/support/solutions/articles/65000182376-staking-dashboard-how-to-join-a-nomination-pool?ref=p2p.org">guide</a> on how to join the nomination pool and the <a href="https://support.polkadot.network/support/solutions/articles/65000182399-how-to-use-staking-dashboard-claiming-nomination-pool-rewards?ref=p2p.org">guide</a> on how to claim rewards for more detailed information.</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.<br><br><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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