Luna Staking eng - terra.money · and delegating LUNA to validators. DOWNLOAD Pick a validator Go...
Transcript of Luna Staking eng - terra.money · and delegating LUNA to validators. DOWNLOAD Pick a validator Go...
Create your walletfeat.Terra Station
Visit Terra’s website (https://terra.money/) and download the latest version of the Terra Station.
Crypto 101: Make sure you have your seed phrase written down and stored in a safe place.If you lose this, we can’t help you.
https://terra.money
Interact with the Terra blockchain bymanaging your wallet, swapping tokens,and delegating LUNA to validators.
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Pick a validator
Go to the Staking tab to see all validators ranked by voting power. The higher the voting power,the higher the chance that validator gets selected as a block producer. Click a validator tocheck more detailed information.
Pro Tip: Notice how Goliath charges 100% for commission? That means he won’t share rewardswith you, so don’t delegate to validators like him!
Delegate, delegate, delegate!
Select a validator and click the “Delegate” button. Enter how much you want to delegate andyou are all set! Some people like to go all-in with a top validator, and some like to diversify.Choose your own journey.
Delegate
Undelegating and unbonding period
Select the delegator you want to undelegate from, and tap the “Undelegate” button. Once yousend this transaction, your Luna will remain locked and unstaked for 21 days.
Undelegate
Want to redelegate?
Redelegating from one validator to another is just as simple as delegating. Select the new validatoryou’d like to delegate to, and tap “Delegate”. You can easily re-allocate your stake without having towait 21 days to unbond by changing the “Source” of Luna.
Pro Tip: If you delegate more to a validator you’ve already delegated to or choose to undelegate,your rewards will get automatically withdrawn. This won’t show up in your transaction history,but you can see your rewards reflected in your balance.
Watch your rewards pile up
Once you’ve delegated, your Staking tab will update to show your portfolio. You can easily checkhow much in rewards you’ve stacked up. You can also withdraw your rewards at anytime.Partial withdrawals are available once you select one of the validators you’ve delegated to.
Happy StakingHow to stake your Luna and stack up rewards
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