An in-depth guide to claiming $JUNO stakedrop and staking your Juno assets with Keplr Wallet.
In today’s article, we’re discussing how to claim the Junø stake drop, and stake your claimed $JUNO with Keplr Wallet. But, before we do so, let’s first have a brief look at the Junø Network.
Junø is a smart-contract hub for the Cosmos Ecosystem. It supports smart contracts coded in Rust or Golang with the CosmWasm framework. Thanks to IBC, smart contracts deployed on Juno can be valid and usable across multiple sovereign networks.
Juno serves as a decentralized, permissionless, and censorship-resistant space for developers to efficiently and securely launch scalable smart contracts using a proven framework.
Claiming Junø Stakedrop
Who is eligible for stakedrop? Well, the Junø genesis supply is going to staked $ATOM addresses based on the Stargate snapshot of the 18th of February 2021. That said, a total of 30.663.193 $JUNO has gone to over 45 thousand unique $ATOM addresses on a 1:1 basis on October the 1st, 2021.
If you’re not certain if you qualify for the stake drop, simply fill out your Cosmos address via the link: https://stakedrop.junochain.com/ to get to know more.
Side note: there is no need to claim your $JUNO; all ATOM addresses that qualify have been included in the genesis. That is, the same key that staked your ATOM will now have $JUNO on it.
Stake Your $JUNO with Keplr Wallet and Omniflix
To delegate or stake your $JUNO, you will need to connect your Keplr Wallet with the OmniFlix dashboard, which you can access via: https://juno.omniflix.co/
To get started, select “connect” on the right of the top-menu in the dashboard. Your Keplr Wallet will now show a pop-up requesting you to approve the connection. Select “approve” to continue.
Please note: the connection does not give the OmniFlix interface access to your private keys or any other information.
Once you made the connection, your dashboard should show your Juno wallet address in the top menu, like in the image above. If this is not the case, simply refresh the page and try to reconnect.
Now that you are connected, select “Stake” to get started with staking your $JUNO. On the staking dashboard, you’ll see a list of all available validators. Scroll through the list to find the validator of your choice.
On the right side of your validator’s name, select “delegate”. A pop-up like the one below will be shown. Fill out the number of assets that you’d like to stake and select “delegate” to continue.
The Keplr extension will open itself up, and on it, you can decide to pay a low, average, or high fee. It’s also possible to add a memo. Once selected, click on “set fee”. Next, double-check all the details of the transaction and choose “Approve” when ready.
And that’s all, folks! You’ve now staked your $JUNO assets!
This guide has been built using Omniflix, other solutions exist in case you would to stake your $JUNO:
DISCLAIMER: This is not financial advice. Staking, delegation, and cryptocurrencies involve a high degree of risk, and there is always the possibility of loss, including the failure of all staked digital assets. Additionally, delegators are at risk of slashing in case of security or liveness faults on some protocols. We advise you to do your due diligence before choosing a validator.