Marlin Protocol (POND) Staking Guide

<p>The following is a step-by-step guide to transferring MPONDs earned in FlowMint stakedrop from Matic to Ethereum, and staking them using the Marlin network for an approximate APR of 10-12%.</p><h3 id="adding-mpond-to-metamask">Adding MPOND to MetaMask</h3><ol><li>To begin, you must <a href="https://p2p.org/economy/how-to-claim-mpond-during-flowmint-stakedrop/">harvest your MPOND</a> from FlowMint stakedrop.</li><li>To see your MPONDs on the MetaMask on Matic, add the MPOND token as a Custom Token in the MetaMask settings. To do so, navigate to MetaMask, click 'Add Token' and input the contract code below:</li></ol><p> MPOND contract - <strong>0x27B064fE4B708fDa0fD0C4ff2b78a1e4DAB812D1</strong>.</p><h3 id="transferring-mpond-from-matic-to-metamask">Transferring MPOND from Matic to MetaMask</h3><ol><li>To begin the process, go to <a href="https://wallet.matic.network/bridge?ref=p2p.org">wallet.matic.network/bridge</a> and connect your MetaMask using the Matic Network add-in.</li></ol><p>When prompted, select the following options:</p><ul><li><em>From Matic to Ethereum</em></li><li><em>Transfer Mode: PoS Bridge</em></li><li><em>Token: Marlin (Mpond)</em></li></ul><p>After configuring details, press Transfer.</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/-EPHar6mXzR9g4b_aUHtuwoYeNopbVCum-9xgKtG2oYHAogiNDx8kA39im7CPhDp08P9uywP7hMABMUWXYT2hyes8q2Xk-PUmsUW4ZsiWhdvCi4vXVUY4KfcZCBREuevG0iAeT57" class="kg-image" alt loading="lazy"></figure><p><br>After pressing transfer you will be prompted with a transaction overview screens. Press continue as in the screenshots pictured below. </p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/04/image-2.png" class="kg-image" alt loading="lazy" width="2000" height="915" srcset="https://p2p.org/economy/content/images/size/w600/2021/04/image-2.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/04/image-2.png 1000w, https://p2p.org/economy/content/images/size/w1600/2021/04/image-2.png 1600w, https://p2p.org/economy/content/images/size/w2400/2021/04/image-2.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>After confirming the transaction, you have to wait for the initialisation process. You can see the transaction status in the upper right corner. After a successful confirmation, you will pay fee in MATIC.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/04/image-1.png" class="kg-image" alt loading="lazy" width="2000" height="774" srcset="https://p2p.org/economy/content/images/size/w600/2021/04/image-1.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/04/image-1.png 1000w, https://p2p.org/economy/content/images/size/w1600/2021/04/image-1.png 1600w, https://p2p.org/economy/content/images/size/w2400/2021/04/image-1.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>Once the "Checkpoint" has arrived [see image on the right above], switch the network in the MetaMask settings from Matic to Ethereum and click Continue.</p><p>Sign the transaction on the Ethereum network to initiate the withdrawal of MPOND tokens from Matic to Ethereum.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/04/image-3.png" class="kg-image" alt loading="lazy" width="2000" height="1072" srcset="https://p2p.org/economy/content/images/size/w600/2021/04/image-3.png 600w, https://p2p.org/economy/content/images/size/w1000/2021/04/image-3.png 1000w, https://p2p.org/economy/content/images/size/w1600/2021/04/image-3.png 1600w, https://p2p.org/economy/content/images/size/w2400/2021/04/image-3.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>After the transaction is signed, you will receive the MPOND tokens on the Ethereum network.  To see the MPOND token in Metamask, use the MPOND contract address on the Ethereum network.  </p><p>MPOND contract address: 0x1C77d15857646687005dbbAfFf5873F4495a9731</p><p>Now you can stake your MPOND tokens! </p><p>Use the following tutorial to <a href="https://p2p.org/economy/stake-pond-with-marlin/">stake your POND/MPOND tokens with P2P Validator</a>.</p><hr><p><strong><strong>If you have any questions, </strong>please stop by the<strong> </strong><a href="https://t.me/P2Pstaking?ref=p2p.org">P2P T<strong>elegram</strong></a>.</strong></p><hr><h3 id="about-p2p-validator"><strong>About P2P Validator</strong></h3><p>P2P Validator is a world-leading non-custodial staking provider securing more than $3.2 billion from over 10,000 delegators across 25+ high-class staking networks. </p><h3 id="learn-more-">Learn more:</h3><p><strong>Web</strong>: <a href="https://p2p.org/?utm_source=blog&utm_campaign=sol_guide">p2p.org</a><br><strong>Twitter</strong>: <a href="https://twitter.com/P2Pvalidator?ref=p2p.org">@p2pvalidator</a><br><strong>LinkedIn</strong>: <a href="https://www.linkedin.com/company/p2p-org/?ref=p2p.org">linkedin.com/company/p2p-org</a><br><strong>Telegram</strong>: <a href="https://t.me/P2Pstaking?ref=p2p.org">t.me/P2Pstaking</a></p>

<p>This tutorial helps you stake and manage <a href="https://coinmarketcap.com/currencies/cosmos/?ref=p2p.org">ATOM</a> tokens on the <a href="https://p2p.org/cosmos?ref=p2p.org">Cosmos</a> blockchain, using both the <a href="https://keplr.app/?ref=p2p.org">Keplr</a> Browser Extension and Web Wallet together with your favorite <a href="https://www.ledger.com/?ref=p2p.org">Ledger</a> device.</p><h3 id="this-guide-will-help-you">This guide will help you</h3><ol><li>Set up your Keplr Wallet.</li><li>Stake ATOMs on the Cosmos blockchain to earn ATOM staking rewards.</li><li>Manage your Cosmos ATOM stake and grow your portfolio</li></ol><h3 id="before-you-start-">Before you start:</h3><ul><li>Download and install the newest version of <a href="https://www.ledger.com/ledger-live/download?ref=p2p.org">Ledger Live</a> on your desktop machine.</li><li>Update your <a href="https://support.ledger.com/hc/en-us/articles/360002731113-Update-Ledger-Nano-S-firmware?ref=p2p.org">Ledger</a> device to the newest firmware.</li><li>Install the latest version of the Cosmos App on your Ledger device.<br></li></ul><p>See below for a step-by-step guide.</p><!--kg-card-begin: html--><br /><!--kg-card-end: html--><h3 id="i-setting-up-your-keplr-wallet">I. Setting up your Keplr Wallet</h3><ol><li>Open the Keplr Browser Extension (available for <a href="https://chrome.google.com/webstore/detail/keplr/dmkamcknogkgcdfhhbddcghachkejeap?ref=p2p.org">Chrome and Brave</a>) and press ‘Import Ledger’.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/02/image-1.png" class="kg-image" alt loading="lazy" width="384" height="455"></figure><p>2. Give the account a name, then click ‘Next’.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/02/image-2.png" class="kg-image" alt loading="lazy" width="384" height="455"></figure><p>3. Plug in and unlock your Ledger device. Open the Cosmos app and click ‘Next’.</p><p>4. Your Keplr account is successfully connected to your Ledger device.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/02/image-3.png" class="kg-image" alt loading="lazy" width="384" height="556"></figure><p>Now let's start staking!</p><!--kg-card-begin: html--><br /><!--kg-card-end: html--><h3 id="ii-staking-atom-on-the-cosmos-blockchain">II. Staking ATOM on the Cosmos blockchain</h3><ol><li>Open the Keplr Browser Extension and choose your Ledger account (via the ‘human icon’).</li><li>Copy your address by clicking ‘Deposit’ first, then fund your account with ATOM.</li><li>Once you have a balance, you can proceed with the ‘<a href="https://wallet.keplr.app/?ref=p2p.org#/cosmoshub-4/stake">Stake</a>’ option.</li></ol><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/02/image-4.png" class="kg-image" alt loading="lazy" width="904" height="282" srcset="https://p2p.org/economy/content/images/size/w600/2021/02/image-4.png 600w, https://p2p.org/economy/content/images/2021/02/image-4.png 904w" sizes="(min-width: 720px) 720px"></figure><p>4. Choose your validator (<strong>P2P.ORG - P2P Validator</strong>) then click ‘Manage’ and ‘Delegate’ in the next picture.</p><p>5. Choose the amount of ATOMs you want to stake and click ‘Delegate’.</p><figure class="kg-card kg-gallery-card kg-width-wide"><div class="kg-gallery-container"><div class="kg-gallery-row"><div class="kg-gallery-image"><img src="https://p2p.org/economy/content/images/2021/02/image-5-1.png" width="392" height="357" loading="lazy" alt></div><div class="kg-gallery-image"><img src="https://p2p.org/economy/content/images/2021/02/image-6.png" width="392" height="357" loading="lazy" alt></div></div></div></figure><p>6. Set your preferred fee (there are three options available) by hitting ‘Set Fee’.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/02/image-7.png" class="kg-image" alt loading="lazy" width="304" height="474"></figure><p>7. In the following window, double-check the amount you are going to delegate as well as the P2P Validators’ address (you can see the first and last few digits only).</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2021/02/image-8.png" class="kg-image" alt loading="lazy" width="304" height="470"></figure><p>8. Check the information on your Ledger device and click ‘Approve’ on it.</p><p>9. Use the Dashboard within the <a href="https://wallet.keplr.app/?ref=p2p.org#/cosmoshub-4/stake">Keplr Web Wallet</a> or <a href="https://www.mintscan.io/cosmos?ref=p2p.org">Mintscan</a>, one of the popular block-explorers, to see whether your delegation was successful.</p><!--kg-card-begin: html--><br /><!--kg-card-end: html--><!--kg-card-begin: html--><div class="address-card"> <p class="address-card__label"><strong>P2P Validator’s Cosmos address:</strong></p> <p class="address-card__address">cosmosvaloper132juzk0gdmwuxvx4phug7m3ymyatxlh9734g4w</p> </div><!--kg-card-end: html--><!--kg-card-begin: html--><br /><!--kg-card-end: html--><p>Now let’s try to manage your staking assets.</p><!--kg-card-begin: html--><br /><!--kg-card-end: html--><h2 id="iii-managing-your-cosmos-stake">III. Managing your Cosmos stake</h2><h3 id="claim-your-atom-staking-rewards">Claim your ATOM staking rewards</h3><ol><li>Open the Keplr Browser Extension and click ‘Claim’.</li><li>Choose your comfortable fee by hitting ‘Set Fee’ in the appropriate pop-up screen.</li><li>Plug in your Ledger device, unlock, and open the Cosmos app on it, then click ‘Next’ in the Browser Extension pop-up.</li><li>Review the transaction on your Ledger device and confirm it by hitting the two buttons on your hard wallet.</li></ol><h3 id="compound-your-atom-staking-rewards-to-increase-your-return">Compound your ATOM staking rewards to increase your return</h3><ol><li>Open the Keplr Web Wallet and, find your validator (P2P Validator) in the Staking Menu, click ‘Manage’ and then ‘Delegate’.</li><li>Choose the fees in the subsequent pop-up, hit ‘Set Fee’.</li><li>Plug in your Ledger device, unlock, and open the Cosmos app on it, then click ‘Next’ in the Browser Extension pop-up.</li><li>Review and sign transaction by hitting ‘Approve’ on your Ledger device.</li></ol><!--kg-card-begin: html--><br /><!--kg-card-end: html--><!--kg-card-begin: html--><div class="note-card"> <strong>Cosmos (ATOM) Staking FAQ:</strong> <ul> <br /> <li>The current ATOM staking APY is approximately 10.60% per year.</li> <li>You need to have some funds remaining on your account while staking to ensure you can cover transaction fees.</li> <li>Claiming rewards is a manually process which involves transaction fees.</li> <li>Cosmos staking rewards are paid out in real-time, with rewards accruing approximately every 7 seconds.</li> <li>The Cosmos network has a 21 day unstaking period throughout which your tokens will not be transferable.</li> </ul> </div><!--kg-card-end: html--><!--kg-card-begin: html--><br /><!--kg-card-end: html--><p>That’s it.</p><p>Now you know how to delegate and compound your Cosmos staking rewards using both the Keplr Browser Extension and the Keplr Web Wallet together with your Ledger device.</p><p>If any questions arise, whether on <a href="https://p2p.org/cosmos?ref=p2p.org">Cosmos staking</a> or not, feel free to contact us via <a href="https://twitter.com/p2pvalidator?ref=p2p.org">Twitter</a>, <a href="https://t.me/P2Pstaking?ref=p2p.org">Telegram</a>, <a href="https://www.linkedin.com/company/p2p-org/?ref=p2p.org">LinkedIn</a>, or <a href="https://p2p.org/?ref=p2p.org#contact-us">email</a>.</p><!--kg-card-begin: html--><br /><!--kg-card-end: html--><p><strong>About P2P Validator</strong><br><a href="https://p2p.org/?ref=p2p.org"><em><em>P2P Validator</em></em></a><em><em> is a world-leading <strong><strong>non-custodial staking provider</strong></strong> 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<strong><strong> billion of USD</strong></strong> value at the time of the latest update.</em></em></p><p><em><em>P2P Validator is <strong><strong>trusted by over 24,000 delegators</strong></strong> across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our <strong><strong>reputation</strong></strong>. We pay special attention to the process of governance. </em></em></p>