Stake $REGEN
A step-by-step guide for staking $REGEN
Last updated
A step-by-step guide for staking $REGEN
Last updated
There are many benefits to staking/ delegating Regen Network tokens. Staking not only plays a critical role in maintaining the network's security, but also aids in price stability, encourages community growth, and helps to cover validator costs.
This guide picks up where Create a Keplr Wallet ended. If you have not yet created a Keplr wallet, follow the steps in that guide before returning to this document.
a. If you do not already have some $REGEN in your Regen Keplr wallet, you will need to transfer some.
b. Transferring $REGEN may take a few minutes to complete. You can always use a blockchain like Mintscan explorer (searching by transaction or either wallet address) to view a transactions status in real time.
a. Pull up the Keplr Dashboard on your Chrome browser.
b. Regen should appear in your assets list, like in the screenshot above. Click anywhere on the Regen line, as indicated with the red box in the image above, to access the Regen Network page of the Keplr Dashboard.
a. Scroll down to see the list of All Regen Network validators, their voting power, commission rate, and approximate APR.
b. When you've selected a validator you would like to delegate to, click the arrow at the end of their line.
a. It will produce the below pop out.
b. Click the "Delegate" button.
c. It will prompt you for an amount to delegate. You may enter an amount or click the "MAX" button to delegate all available $REGEN. Note: you will need some $REGEN to pay for gas on your transaction, so be sure to leave yourself a small amount.
d. This will trigger a Keplr pop out window. Select your fee and approve the transaction.
You can view your staked $REGEN from the home screen or the Regen Chain page.