Fetch.ai Staking Guide
Fetch.ai is a Cambridge-based artificial intelligence lab building an open-access decentralized machine learning network for smart infrastructure.
The Fetch.ai blockchain is an interchain protocol, based on the Cosmos-SDK, that uses a high-performance WASM-based smart contract language (Cosmwasm) to allow advanced cryptography and machine learning logic to be implemented on-chain. This also allows the Fetch.ai network to also serve as a layer-2 network for legacy blockchain networks and as an interchain bridge to the outside world. $FET is the native Fetch.ai token.
In this article, we will show you how to stake $FET via the Citadel.one platform.
How to stake FET via Citadel.one?
In Citadel.one app open the page of the FET address you need. Click “Start Staking”.
If you want to select another node for staking, click “Change”. In the “Amount” field, write down the number of FET tokens you want to delegate and click “Stake”.
Double-check the amount and commission fee. Enter your password in the text box and press the “Confirm” button.
When everything went fine you should see a “Success” screen. Here you can see your wallet address, the chosen node, the amount you staked, go to explorer to track your transaction, and add a comment to it. Press “Ok” and wait a bit, while the transaction is going through.
That’s it! Now you will begin receiving rewards based on how much FET you staked.
To learn more about the Fetch.ai project visit their official website.
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