How to Stake Casper (CSPR) using the Casper Signer Chrome Extension?

Delegating CSPR to a validator (node) is an easy process and will earn you interest paid in additional CSPR coins. The staked coins are never physically transferred to the validator. Control of the coins always belongs to the delegator.

By staking your CSPR with eco-friendly CasperArmy validator, you can count on extra points in the CasperArmy project. To learn more about this we refer you to our article here.

Installing the CasperLabs Signer Chrome Extension

Staking (delegating) is done via https://cspr.live/, which can be accessed using the Google Chrome browser and the Casper Signer wallet.

Select Download Signer. This will begin downloading the Casper Signer wallet extension for Chrome, which you can connect to cspr.live

After selecting Download Signer, a second tab will open in Chrome to download the wallet extension. On this screen, select Add to Chrome as marked in red below.

Then confirm the download by selecting Add extension in the pop-up window

Selecting the above will add the Casper Signer wallet to Google extensions. The wallet can then be viewed in your extensions tab. To access Google extensions, select the puzzle icon at the top right of your Chrome page.

A menu with all Chrome extensions will appear. Here you will find the Casper Signer wallet. You can pin it to be permanently in a visible place and click it to open the wallet

After clicking on the icon, the window will appear. Click Reset Vault as marked in red below:

Now enter your new password and confirm it.

Now we have Casper Signer configured and we will need to create a wallet. To do this, select Create Account as shown below:

Account creation

After selecting Create Account you will see the window below where you will need to:

1. Enter a wallet account name — you’ll notice in the example below that we named the wallet “my_account”.

2. Select the algorithm you want to use

In this example we choose ED25519

Congratulations! You have successfully created a Casper Signer wallet.

Next, let’s find out:

1. What the wallet address is (this is the address to which you can send CSPR from the exchange or any other wallet).

and

2. How to back up your wallet keys (in case you forget your password or if your device is damaged).

First, select the three horizontal lines in the upper right corner of the wallet, and then select Key Management.

Then select the key icon:

You will see:

1. Public Key

2. Account Hash

Your Public Key is your wallet address — here you can transfer your CSPR from the exchange. Later we will explain where else you can find your public key.

Now let’s back up the secret keys (secret keys give you the ability to restore your account as mentioned above).

To do this, again press the horizontal three lines in the upper right corner of the Casper Signer extension, and then select Download Active Key.

When you select Download Active Key as described above, one file will be downloaded to your device. Note that this is a .pem file. It is very important that you save this file in a safe place, best on an external device (this file is required to re-generate your wallet if you lose your password or if you lose access to your device).

It is also possible to open the file and write the key manually on paper (e.g. Notepad++).

We have the Casper Signer extension ready to use, a wallet created and keys securely archived.

We can log into cspr.live and connect the wallet. On the screen below, select Login:

After selecting Sign In, the Casper Signer extension will open. Confirm your connection by selecting Connect in Casper Signer

Once clicked, the following screen will appear detailing your Public Key, portfolio and balances:

In the above example, we see the address of wallet (Public Key) marked in red.

Transferring funds to your Casper Signer account

Before delegating, you must fund your wallet with CSPR. Transfer your CSPR tokens to your Public Key. Before transferring, make sure that the exchange does not require a specific Transfer ID. If you have to enter a Transfer ID during the transfer and it does not generate automatically, set it to 0.

Read the exchanges recommendations carefully. For the first transaction, we recommend sending a small CSPR value for testing.

Once you have funded your account with CSPR tokens, you can delegate (stake) them. To delegate your CSPR, select Wallet at the top of the screen, then select Delegate Stake.

Delegating CSPR

The following screen appears, where you select the CasperArmy and enter the amount of CSPRs you want to delegate.

Click next

Sign the transaction with Casper Signer.

It may happen that the number of delegated CSPR is higher than you expected. In this case 50 CSPR has been delegated, however the amount indicates more. Don’t worry about it, the final delegated amount will be correct.

Sign the transaction with Casper Signer:

Then the following notification will appear:

You have successfully delegated CSPR to our node.

If shortly after delegating (staking) your CSPR to the validator your values do not match and indicate less CSPR than expected, wait a few more minutes. Your staked CSPR balance should be displayed under Staked As Delegator.

Please note that:

  1. CSPR undelegation takes 7–8 ERAs (about 14-16 hours)
  2. You will be able to receive first rewards within 2–3 ERAs (about 4–6 hours)
  3. Rewards are paid every 2 hours and added to your balance.

Direct link to CasperArmy’s validator through which you can also stake with an existing Casper Signer: http://staking.casper.army

Learn more about the benefits of staking on the CasperArmy validator here.

You can find all information about the server CasperArmy is on: https://validator.casperarmy.org/

Feel free to contact us:

🌐 https://casperarmy.org/

📧 headquarters@casperarmy.org

📣 Telegram

📣 Discord

📣 Twitter

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store