Staking Tezos ($XTZ): How to delegate Tezos on Thanos wallet web-extension with Ledger Nano

Step-by-step tutorial on how to stake Tezos with Thanos web-extension wallet

Published in

Anonstake.com

4 min readNov 3, 2020

We are happy to cover a tutorial on how to delegate via Thanos Wallet. Thanos wallet is an easy-to-use browser extension wallet for interacting with Tezos ecosystem. They have released Ledger Nano support in #Thanos Wallet as well as many other useful features. Read the update here:

Adding Ledger Nano support and more in the new Thanos release

In this release that happened on the 4th of October, we are proud to finally add many long-awaited features into Thanos…

medium.com

a) Install, create an account and open Thanos wallet

Step 1: Click on “Install Beta”

Step 2: Select your preferred browser and click on “Install”

Step 3: To login with Ledger, you are required to create a new wallet

Step 4 & 5: Store your Seed Phrase in a secure location and create password for your wallet

Step 6: Proceed to your account icon and click on “Connect Ledger”

**Step 3**: To login with Ledger, you are required to create a new wallet

**Step 4 & 5:** Store your Seed Phrase in a secure location and create password for your wallet | **Step 6:** Proceed to your account icon and click on “Connect Ledger”

b) Connect Ledger Nano device

Step 1: Click on “Add Ledger Account”

Step 2: Confirm the action on Ledger Nano device

b) Delegate to Anonstake and start staking Tezos

Step 1: Click on “Add Ledger Account”

Step 2: Confirm the action on Ledger Nano device

Step 3: Choose Anonstake from the list of bakeries

**Step 1:** Click on “Add Ledger Account” | **Step 2:** Confirm the action on Ledger Nano device | **Step 3:** Choose Anonstake from the list of bakeries

Step 4: Click “Delegate” to start staking with the chosen bakery

Note: You can only use one baker per address.

Step 5 and 6: Click “Confirm” and press the buttons on Ledger Nano device to sign and confirm the delegation transaction.

**Step 4:** Click “Delegate” to start staking with the chosen bakery | **Step 5 and 6:** Click “Confirm” and press the buttons on the Ledger Nano device to sign and confirm the delegation transaction.

c) Check the transaction and enjoy rewards!

Click for more information on your Thanos dashboard and click on “Overview” to follow on Tezos-nodes where you can see our validator: https://www.tezos-nodes.com/baker/anonstake or you can check https://anonstake.com/dashboard/tezos for FAQ, tutorials, and more!

Congratulations, your $XTZ tokens are now delegated to Anonstake.com baker and you will start earning your rewards! We distribute rewards automatically on each cycle start! 🎉🎉🎉

If you have experienced any trouble, you can contact us on Telegram and we will answer your questions as soon as possible! 📞 ➡️ Telegram: t.me/anonstakecom

What is Tezos?

Tezos is a distributed consensus platform with a self amending blockchain that could counter the threat of forks through the use of programmatically enforced rules. Tezos is being built from the ground up and was not based on any other blockchains. The consensus algorithm on Tezos is Delegated Proof of Stake (dPoS) which will help with the governance structure of the blockchain. Like Ethereum, Tezos will have smart contract functionality which will allow other developers to build decentralised applications (dApps). The decentralised governance of the Tezos blockchain will allow anybody to propose protocol upgrades.

Developer documentation is available online at 🔗 https://tezos.gitlab.io/ and is automatically generated from the master branch.
The website 🔗 https://tezos.com/ contains more information about the project.
All development happens on GitLab at 🔗 https://gitlab.com/tezos/tezos
For some useful links, FAQ, and tutorials you can check: https://anonstake.com/dashboard/tezos