Skip to main content
All CollectionsDymension Staking
Staking Dymension (DYM) on Keplr Dashboard
Staking Dymension (DYM) on Keplr Dashboard

Learn how to stake DYM on Keplr Dashboard

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 Keplr wallet.

STEP 1. SELECT A CHAIN

  • In Keplr Dashboard, go to "Stake" on the left panel. Search for "DYM" in the search bar.

  • Click on Dymension Chain

STEP 2. SELECT A VALIDATOR

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

  • Click on P2P.ORG Validator, and you will get P2P.org's validator information.

  • Click "Stake".

STEP 3. 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 4. 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 Keplr Dashboard.

STEP 5: MANAGE ASSETS AND ENJOY REWARDS

The arrow next to your delegation in "My Validators" will give you options to manage your delegation. From here, you can unstake, redelegate and stake more DYM.

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.

Did this answer your question?