Staking AVAX, by Validating or Delegating, with the Avalanche Wallet

An Introduction to Staking

With Avalanche, staked tokens are never at risk of a faulty network crackdown.

How to Stake AVAX through your Avalanche Wallet:

Validator

Delegator

  • Node ID: A unique ID derived from each individual node’s staker certificate
  • Start Time: The date and time a delegator or validator staking is activated
  • End Time: The date and time a delegator or validator staking is completed
  • Delegation Fee: The delegation fee is specified by each validator as they join the network. Delegators pay a delegation fee to the validator they delegated to.
  • Reward Address: A reward address is the destination address of the accumulated staking rewards.

Staking Parameters

  • The minimum amount that a validator must stake is 2,000 AVAX
  • The minimum amount that a delegator must stake is 25 AVAX
  • The minimum amount of time one can stake funds for validation is 2 weeks
  • The maximum amount of time one can stake funds for validation is 1 year
  • The minimum amount of time one can stake funds for delegation is 2 weeks
  • The maximum amount of time one can stake funds for delegation is 1 year
  • The minimum delegation fee rate is 2%
  • The maximum weight of a validator (their own stake + stake delegated to them) is the minimum of 3 x 106 AVAX and 5 times the amount the validator staked. For example, if you staked 2,000 AVAX to become a validator, only 8000 AVAX can be delegated to your node total (not per delegator)
  • The minimum percentage of the time a validator must be correct and online in order to receive a reward is 60%

Staking with the Avalanche Wallet

Step 1 — Open the Avalanche Wallet

You can access your wallet using your key phrase, keystore file, or Ledger Nano S (coming soon!)

Step 2 — Navigate to “Earn” section

To stake, you need to have your funds available on the Platform Chain (P-Chain)! If your funds are on the Exchange Chain (X-Chain), we will need to transfer them to the P-Chain by initiating a cross-chain transfer. If your tokens are locked they are already on the P-Chain, so you don’t need to perform the Cross Chain Transfer from X-Chain to P-Chain.
Enter the amount you wish to transfer to your P-Chain and complete the transfer by clicking the “Transfer” button below.
Voila!
Now, we have our funds ready for staking on the P-Chain. Next, you can add a validator or a delegator to your wallet.

Step 3A: Become a validator!

  • Download the latest release tar.gz (zip for osx and windows) found here
  • Unpack into a folder of our choosing:
  • Navigate to the binaries directory cd avalanchego-<VERSION>
  • Run the binary with ./avalanchego on Linux and OSX and AvalancheGo on Windows
Fill the fields and confirm!
Carefully check the details, and click “Confirm” again!
Congratulations. You are now validating the Avalanche Primary Network!

Step 3B: Add a Delegator!

Select a validator you want to delegate your tokens with from the list of active network validators.
Specify your staking period and stake amount. Pay attention to the end time of the selected validator. Your delegation period cannot be set to end past the end date that the validator has set.
Confirm the details!
Congratulations. You are now delegating the Avalanche Primary Network!

About Avalanche

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