Story (IP) Delegation & Staking Guide

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Delegating (staking) your Story ($IP) tokens is a straightforward way to put your assets to work while supporting the security and decentralization of the Story network. Whether you’re new to staking or just want a smoother experience, this guide walks you through the full process using the official Story staking interface for unlocked $IP.

We’ll show you how to:

By following this process, your stake can start accruing rewards shortly after it becomes active.

Important: Unlocked vs Locked $IP (Read First)

Story supports two token types:

If your tokens are locked, use the locked staking flow provided through your investor/locked-token portal. This guide focuses only on the unlocked-token experience.

Prerequisites

1) Get your $IP ready

Before you begin, make sure you own some Story ($IP). You can purchase $IP on supported cryptocurrency exchanges and withdraw it to a non-custodial wallet that works with the Story staking interface (for example, an EVM-compatible wallet like MetaMask).

Once your $IP is in your wallet, keep a small buffer available for network fees. Some actions require a protocol fee in $IP (for example, unstaking costs 1 IP), so avoid staking your entire balance down to zero.

2) Use the official Story staking interface

This guide follows the flow provided by Story’s official staking interface. The steps involve selecting a validator and signing transactions in your wallet.

3) Estimate rewards with the staking dashboard

If you want a rough sense of expected returns, click Calculate Rewards button on Story’s official staking interface. Set your intended staking amount and choose the lock-up term to view the estimated rewards. Estimates are indicative and may change over time as network conditions and APR parameters update.

Step 1: Go to the Story Staking Page

Open the official Story staking interface and click Connect Wallet (or Start Earning) at the top-right corner.

Step 2: Connect Your Wallet

In the popup:

  1. Select your wallet provider.
  2. Approve the connection request in your wallet.

Once connected, you’ll see your available $IP balance and your current staking status.

Step 3: Choose a Validator

Browse or search the validator list (for example, P2P.org). When comparing validators, pay attention to:

Click into the validator you want to use.

Step 4: Start Staking (Delegate) Your $IP

Click Stake.

In the staking window:

  1. Enter the amount of $IP you want to stake.
    • Minimum delegation is 1,024 IP.
  2. Select your staking option (if shown):
    • Flexible (no fixed end date)
    • or a fixed staking period (e.g., 90 / 360 / 540 days) that may increase your reward multiplier.

Then click Stake (or Stake IP) to proceed.

Step 5: Review and Sign the Transaction

Your wallet will prompt you to confirm the transaction.

  1. Review the details (amount, validator, and any staking-period selection).
  2. Confirm/sign in your wallet.
  3. Wait for on-chain confirmation.

Step 6: Verify and Refresh

After the transaction is confirmed:

That’s it! Your unlocked $IP is now staked and will begin accruing rewards once active.

Rewards: What to Expect

Rewards accrual vs payout

Validator commission

Validators take a commission from rewards before the remainder is distributed to delegators. The commission rate is shown in the validator details.

Unstaking and Redelegating

Redelegating to a different validator (optional)

If you want to switch validators, use Redelegate in the staking interface. Redelegation is typically effective in the same block, but is only available between validators that support the same token type (unlocked to unlocked).

Unstaking (undelegating)

When you want to exit:

Partial unstaking is supported, but protocol minimums apply (including a 1,024 IP minimum for undelegation actions).

Risks and Considerations (Read Before You Stake)

Need Help?

For more information, dedicated support, or any other inquiries, please contact our team at P2P.org. You can reach a live agent by selecting the speech bubble in the bottom-right corner of the page, sending a message to the Telegram bot, or emailing [email protected]. We also encourage you to explore our Story-dedicated materials and the official Story staking documentation.

Are You Looking for Institutional Staking?

We collaborate with leading custodians and institutional staking providers to deliver secure, compliant, and seamless Story ($IP) staking solutions. If you need a custom integration, contact us via p2p.org (chat icon in the bottom-right corner) and we’ll help you find the best path forward.

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