Core users can now easily stake and delegate, aided by a step-by-step walkthrough, custom settings, and nuanced performance tracking.
Stake in Core has launched, simplifying staking and delegating on Avalanche while trimming the third-party intermediary and giving users nuanced customization settings. With the launch, validators can now seamlessly customize their staking via Core’s web portfolio, and delegators have a more accessible and affordable way to participate in receiving staking rewards. Stake functionality will be made available for Core mobile app users in the near future.
Stake makes blockchain staking as easy as using a Web2 app, empowering a wider range of users to tactically engage with and help secure the Avalanche network.
Validate
With Core Stake, validators can monitor and fine-tune their staking within the Core web app. Stake offers custom settings that can bend to each validator’s unique staking goals. Validators can set their delegation fees and staking durations, see estimated rewards, and much more. Core does not custody assets and charges no fees, meaning validators retain full control of their AVAX at all times.
Delegate
With the new Stake feature on Core, anyone can easily delegate. It has an interface designed for novice users (for instance, transfers from C-Chain to P-Chain happen in the background). Users choose from among an open market of validators, comparing data on estimated rewards, capacity, number of other delegators, and so on. They can then delegate their AVAX without leaving the Core app and receiving rewards. Stake is available on the web app starting today and coming to Android and iOS mobile apps soon.
Though the road to staking has never been simpler, Core has resources to guide users unfamiliar with participating in a blockchain network on this level. The seamless flow guides validators and delegators through each and every step, helping answer questions along the way.
The majority of AVAX’s supply is staked, securing the Avalanche Network and generating rewards for validators and delegators. Core users are invited to try Stake, quickly and easily stake their AVAX with near-absolute control, and start receiving rewards today via core.app/stake.
For further questions, please visit the Avalanche knowledge base or contact a support team member via the chat button at support.avax.network. Please read the Core terms and conditions prior to use as they contain important information and your use of Core will signify your agreement to them. Like a web browser, Core web and Core extension allow you to access and interface with various blockchains, smart contracts, and other Web3 services, none of which are under the control of Ava Labs, which makes no representations, warranties, or guarantees in connection with anything you access or do with or through Core.
About Core
Core is Avalanche’s native wallet and portfolio, built by Ava Labs. Available as a comprehensive suite on iOS, Android, as a Chrome Extension, and as a desktop app at core.app. Core provides access to the Avalanche Bridge, Subnets, Development Tools, Staking, and Discover, the official directory for Avalanche projects. Supporting Bitcoin, Ethereum, and any EVM chain, you can create a Core self-custody wallet simply using your Gmail or Apple ID.
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This post is provided for informational purposes only, without representation, warranty, or guarantee of any kind. Nothing contained herein is an offer to sell or solicitation of an offer to buy any security or other regulated financial instrument. None of the information is intended to be an endorsement by Ava Labs, Inc., the Avalanche Foundation Limited or any of their respective subsidiaries or affiliates, nor is any of this investment, financial, accounting, tax, legal, or other advice; please consult your own professionals. Please review this Notice and conduct your own research before connecting to or interacting with any project, dapp, third party or conducting any transactions. Memecoins are offered by third parties and may be subject to terms between you and those third parties. Notwithstanding the foregoing, your use of Core feature is subject to these Terms of Use, so please be sure to read them.
