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Staking Dymension (DYM) on Dymension Portal
Staking Dymension (DYM) on Dymension Portal

Learn how to stake DYM through the Dymension Portal UI

Sekai avatar
Written by Sekai
Updated over a week ago

Before staking on the Dymension network, you must have Dymension's DYM tokens in your wallet. Visit the Dymension Portal UI and connect to your wallet. We will use Keplr in this guide.

STEP 1. SELECT A VALIDATOR

  • In the list of "All Validators" search for P2P.

  • Click on the 3 dots next to P2P.ORG- P2P Validator and click Stake

STEP 2. DELEGATE TOKENS

  • Input the desired delegation amount for P2P.org, or opt for MAX to stake all available funds. Remember to leave a small amount of tokens to cover fees for future transactions.

  • Click "Stake".

STEP 3. CONFIRM THE TRANSACTION

Go to the wallet pop-up and approve the transaction.

Once the transfer completes successfully, you can check this transaction in the Dymension Portal UI under "My Delegations".

STEP 4: ENJOY YOUR REWARDS AND MANAGE YOUR DELEGATION

The 3 dots(ellipsis) next to your delegation will give you options to manage your delegation. From here, you can stake more DYM, restake, unstake and claim rewards.

Please note that DYM has a 21-day unbonding period. You will retain ownership of your assets throughout this period, with the lock-in only preventing you from transferring the funds to other accounts for the specified time.

Dymension supports partial unstaking; this means you can unstake only a portion of your staked amount if you choose to do so or you can unstake the full amount of staked DYM.


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