This is a quick and easy guide to stake NIBI with Leap Wallet.
Nibiru is a sovereign open-source proof-of-stake blockchain platform built on the Cosmos SDK and connected with the IBC-compatible Cosmos ecosystem. Nibiru combines leveraged derivatives trading, spot trading, staking, and bonded liquidity provision into a unified user experience.
Leap Wallet is a Web3 interchain wallet that lets users manage their assets, easily perform in-wallet staking, IBC swaps & transfers, participate in governance, manage their NFT collections, claim airdrops and more. Leap Wallet currently supports 50+ Cosmos SDK chains.
Step 1 - Configure your Leap wallet account
(Note: If you already have a Leap wallet account, you can ignore this and proceed to the next section).
Head to leapwallet.io/download and download your preferred Leap Wallet browser extension.
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After downloading the extension, you will be presented with the following screen, which invites you to set up your Leap wallet account. Click “Create new wallet.”
The wallet app will generate a fresh keyphrase for you. Copy the suggested keyphrase by clicking “Copy to Clipboard” and then Paste it locally on your computer, or ideally, write it down on paper (avoid pasting the keyphrase and saving it in an online document, for security reasons).
Next, click “I have saved it somewhere safe.”
The next window will prompt you to verify that you saved your keyphrase by asking you to type down random words from the keyphrase. After you are done, click “Confirm”.
And that’s it - You have created a new Leap wallet account. You are ready to proceed to the next step.
Step 2 - Stake your NIBI
Go to app.nibiru.fi/stake
Then click on “Connect wallet” on the top right corner.
From the list of suggested wallets in the newly opened pop-up window, select “Leap,” then insert your Leap wallet’s password.
You are now logged in to Nibiru’s staking dashboard with your Leap wallet account.
You are almost ready to stake your NIBI tokens (assuming you have already topped up your Keplr wallet with NIBI tokens from a centralized or a decentralized exchange). But first, you need to choose a validator/staking provider.
Click on the “Validator” search box and type “Stakin”. Then select Stakin from the drop-down list as shown below:
Click “Stake” to continue. On the next screen, you will be prompted to specify the amount of NIBI you wish to stake. Insert the figure and again click “Stake.”
A Leap wallet popup will appear, prompting you to sign the transaction. Click “Approve” to sign and confirm the transaction.
Congratulations - You’ve staked your NIBI tokens with Stakin and will start accruing rewards from Nibiru’s network inflation. You can check your accrued rewards under the Stake tab on app.nibiru.fi.
If you don’t see any claimable tokens yet, don’t worry; it will take some time for the rewards to accumulate. For Nibiru, the rewards are distributed with every block, roughly every 1.4 seconds.
Step 3 - Claim your staking rewards
Once you have some rewards accumulated on your account, you can click “Claim.” Then, a pop-up appears, giving you two options. Either to “Claim & Stake All” or “Claim All”.
To compound your rewards with the same validator, choose the first option to grow your staked token amount and increase your future rewards. Approve the transaction to continue.
Why staking your NIBI tokens with Stakin?
Because of our network expertise. Stakin has been running on Nibiru since early testnets and has been selected as an early Mainnet genesis partner. We are highly experienced in running validators for Cosmos SDK blockchains and Proof-of-Stake blockchains alike, currently supporting 20+ Cosmos networks.
Because of our enterprise-grade staking services. We distribute our servers across various locations and partner with premier bare metal and cloud providers. We also provide Institutional-grade SLAs with uptime and slashing guarantees.
Because you contribute to decentralization. By delegating to Stakin, you contribute to network decentralization by choosing a smaller validator.
Nibiru staking for institutional investors
As an institutional-grade Nibiru node operator, Stakin has a full range of staking services and advantages to cater to the needs of enterprises and investors, such as asset managers, company treasuries, exchanges, VCs and hedge funds, wallets, custodians, and liquid staking services (To get the full preview of our institutional staking services, visit our Nibiru staking for institutional investors page), which includes:
- Institutional grade SLAs with 99.5%+ uptime guarantees for both validator and oracle operations and slashing guarantees
- Integration with custodians, such as Fireblocks (via raw signing)
- Information about potential airdrops that you may be eligible for by staking with us so that stakers can maximize your staking yield
- Custom integrations and solutions such as custom performance reporting via API or CSV with the possibility to match your backend requirements
- Automated commission and reward management with clear reporting
- 24/7 monitoring and alerting with a private dashboard for dedicated and Whitelabel nodes
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.
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