Marlin Protocol (POND) Staking Guide

<p><em>This delegation guide will walk you through the steps of staking MINA tokens using the client interface to earn <a href="https://p2p.org/mina?ref=p2p.org">Mina Protocol staking</a> rewards. </em></p><p>To get started, please ensure that you have a wallet funded with MINA tokens.</p><h3 id="step-1-set-up-the-environment">Step 1: Set up the environment</h3><p>To get started here, install Ubuntu 18.04/Debian 9. Upon successful installation, please follow the steps outlined below: </p><ol><li>Add repository:<br><strong>echo "deb [trusted=yes] http://packages.o1test.net release main" | sudo tee /etc/apt/sources.list.d/mina.list</strong></li><li>Update:<br><strong>apt-get update</strong></li><li>Install the latest Mina daemon:<br><strong>apt-get install -y curl unzip mina-mainnet=1.1.3-48401e9 </strong><br>(check release notes for the newest version)</li></ol><p>To confirm correct configuration, check the version:<br><strong>mina version </strong><br>(you should see: <em>Commit 48401e92d94948c066c03ca76326c065e5cbfc92 on branch master</em>)</p><h3 id="step-2-delegate-mina">Step 2: Delegate MINA </h3><p>Upon successfully configuring the staking environment, refer to the steps below to start delegating. </p><p>1. Unlock your account.</p><pre><code class="language-bash">mina account unlock -public-key $MINA_PUBLIC_KEY</code></pre><p>2. Delegate to a selected block producer. </p><p>If you wish to stake with P2P, use our delegation address: <br><strong>B62qs2Lw5WZNSjd8eHBUZXFYyRjV8oKtrZMFDn1S1Ye62G71xCQJMYM</strong></p><p>3. Paste the following code:</p><pre><code class="language-bash">mina client delegate-stake \ -receiver B62qs2Lw5WZNSjd8eHBUZXFYyRjV8oKtrZMFDn1S1Ye62G71xCQJMYM \ -sender $MINA_PUBLIC_KEY \ -fee 0.1</code></pre><p>Your delegation will start to take part in consensus after the next epoch or two (~15 - 29 days). There is no MINA un-bonding period and staking rewards are distributed manually every epoch (~14d 21h) and automatically staked if your account is delegating.</p><p>If you delegate from an account with locked tokens <strong>it is highly recommended to transfer your rewards to a separate fresh account and stake from there to increase the probability of receiving a supercharged coinbase</strong>.</p><hr><p><em>If you have any questions, please refer to our</em><a href="https://t.me/P2Pstaking?ref=p2p.org"><em> Telegram chat</em></a><em>. We are always open for communication.</em></p><hr><h2 id="about-p2p-validator"><strong>About P2P Validator</strong></h2><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 top-notch staking opportunities. <strong>At the time of the latest update, more than three billion of USD value is staked with P2P Validator by over 10,00 delegators across 25+ networks</strong>. Our infrastructure is under advanced monitoring with alerts and 24/7 technical support making it the best choice for institutional investors.</p><hr><p><em><strong>Web</strong></em>: <a href="https://p2p.org/?ref=p2p.org">p2p.org</a></p><p><em><strong>Stake MINA with us</strong></em>: <a href="https://p2p.org/mina?ref=p2p.org">p2p.org/mina</a></p><p><em><strong>Twitter</strong></em>: <a href="https://twitter.com/P2Pvalidator?ref=p2p.org">@p2pvalidator</a></p><p><em><strong>Telegram</strong></em>: <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>