Oasis Staking and Delegation

Follow

Staking & delegation instructions

1.  Head to Chorus One’s Anthem and use your Ledger hardware device to log in. Connect to the Oasis network.

oasis_staking_1.jpg

2.  Verify your available balance, and then click the ‘Stake’ button.

oasis_staking_2.jpg

3.  Select ‘Choose Validator’ and search for the Blockdaemon validator. If you can’t find us, this is our Blockdaemon address:

oasis1qz6j6elhypc70gv8faax3rlpv8ygx39grc55lwwm

oasis_staking_3.jpg

4.  Enter the number of ROSE tokens you plan to stake and delegate. Note that you should keep at least 5 ROSE for transaction fees. Then click the ‘Generate My Transaction’ button and finalize the delegation with your Ledger device.

oasis_staking_4.jpg

Questions? Critical information about staking ROSE and the Oasis Network 

Where can I explore the network and create an Oasis wallet?

Oasis explorer:

Oasis wallet:

What is the name of the asset being staked?

ROSE

The Oasis network’s native token, ROSE, is used to stake and to pay for transaction fees. You can read more about ROSE here.

Which type(s) and what rate of rewards can I expect? Can I stake locked/vesting tokens?

Locked ROSE can be staked to earn 20% annually in ROSE

Stakers are expected to earn newly-issued ROSE tokens. 2B of the 10B fixed supply will be used to reward staking, and stakers can expect a yearly rate of 20% rewards for their stake for the first six months of Oasis mainnet. For the next six months, the rate will be 16%. You can read more about the token economics here.

 

Resources

Oasis Exchange

0 out of 0 found this helpful

Comments

0 comments

Please sign in to leave a comment.