How to Claim and Stake Jackal Protocol Airdrop Tokens (JKL)

When will I receive Jackal airdrop?

SmartNodes Validator ⚛
Coinmonks
Published in
5 min readOct 27, 2022

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This is brief guide on how you can claim the Jackal Protocol Airdrop and stake those tokens for the juicy APR.

Jackal protocol airdrop Claim and Stake guide.

What is the Jackal Protocol?

The Jackal Protocol is a fast, scalable, and secure blockchain that empowers individuals, developers, and enterprises to increase their data privacy and cybersecurity posture without sacrificing ease of use. This protocol strives to offer world-class applications to protect the planet’s most important data–your data.

Unlike other blockchains, the Jackal Protocol utilizes both validators and storage providers. The Jackal Protocol allows developers to build decentralized applications with the ability to interface with all Jackal Protocol Modules–including storage contracts and file structure. This enables developers to modify data ownership, share data with other jackal users or smart contracts, and send little or a lot of encrypted data without the requirement of middleware or centralized storage services. This data is always self-custodial meaning no one– not even the team at Jackal–can access or view your data.

This blockchain currently consists of seven modules: jklMint, lp, rns, wasm, storage, filetree and dsig. These interoperable modules allow for the creation of secure, scalable, and truly decentralized applications.

Credit- Jackal protocol Youtube Channel

What is the JKL Token?

The JKL Token is the native token that powers the infrastructure of the Jackal Protocol and can be applied in a multitude of different ways.

dApps

  • Applications built on the Jackal Protocol, such as Jackal Storage and the RNS Marketplace may choose to leverage the JKL token to expand its utility.

Securing the Network

  • JKL can be delegated to validators to protect the network and receive JKL rewards because the Jackal Protocol is a Proof-of-Stake (PoS) Cosmos L1 blockchain. alternatively referred to as staked tokens.

Transaction Fees

  • The Jackal Protocol requires JKL tokens to be used for all transactions. Transaction costs are low since the protocol is PoS.

Governance

  • Staked tokens grant on-chain governance participation within the Jackal Protocol to vote on text, software, spending, and other governance proposals.

Collateral

  • Validators, storage providers, and other smart contract can use the JKL token as collateral.

Liquidity Provision

  • JKL can be allocated into a liquidity pool to earn JKL rewards.

Jackal Airdrop Details

Check out all the details regarding Snapshot and other requirements for the jackal airdrop. JACKAL Airdrop — How and where to claim your $JKL (airdrops.one)

How to Claim Jackal Airdrop tokens?

There is no claim, they’re already in your wallet. You need to add jackal network chain in your Keplr wallet, and you’ll see them. $JKL is then visible.

To add the chain and stake the $JKL tokens follow the steps given below.

Step-1 — Go to https://ping.pub/jackal and click on wallet button on top right corner.

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Step-2 — Click on Import wallet to connect into keplr.

Step-3 — Scroll Down and Click on Enable keplr to add the jackal Network chain into your keplr wallet.

Step-4 — Approve the Chain add request in your keplr and congrats you have successfully added the jackal chain. Now, you can see the $JKL Airdrop tokens in your keplr wallet.

Staking of $JKL Tokens?

Step-5 — To stake the JKL tokens, first you have to connect the ping.pub with your keplr. Select Keplr in the Menu and Click on Next Button. Approve the Requesting Connection in keplr.

Step-6 — Enter Account Name and Select the Jackal in chains section and click on Next.

Step-7 — Confirm that address is matching with the keplr and click on Next.

Step-8 — Click on Details, to procced.

Step-9 — Click on the Delegate Button to stake.

Step-10 — Select your Validator, and the amount of $JKL tokens you want to stake. Click on Send and Approve the Delegate Transaction in keplr (keep the gas fee as Average)

Step-11 — Congratulation's, you are now Staking $JKL tokens. Also, you can view the transaction by clicking on the given “View transaction” button.

About Smartnodes

Smartnodes Validator provides Proof of Stake services. Your assets are protected with our 100% Slash and Double Sign Refund Protection.

  1. We are quite involved in the Cosmos and enjoy helping out where we can. Community is what drives us. Active voting on ideas is done by the Smartnodes validator to ensure effective governance.
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SmartNodes Validator ⚛
Coinmonks

SmartNodes is a Proof-of-Stake infrastructure for blockchains. Get Rewarded by Staking your Crypto Assets. Fast, Easy & Secure https://smartnodes.family