How to delegate your tokens on Forbole X?

This guide will help you delegate your DSM on Forbole X. Delegating your DSM to validators could help securing the operations of Desmos blockchain and earn you rewards periodically. So let’s get started!

Download and Install Forbole X

Forbole X wallet extension is now available on Chrome Web Store. You can download and install it directly on your Brave and Chrome browsers now.

Import your wallet

Press Get Started

Click “Get Started” to import or create your first wallet.

Set an application unlock password and confirm it, you would be asked to enter this password whenever you access Forbole X application to view any of your data. Please store your password safely because it could not be restored and you will have to import all your wallets again.

Set a password to protect your application

Now, you can import your existing wallets or create a new wallet.

Let’s continue by clicking Import Walletto import an existing wallet.

There are 3 different ways to import an existing wallet. If you have an existing Secret Recovery Phrase (Mnemonic Phrase) and decided to store the wallet locally in the web extension, you can choose the 1st option and continue.

Choose your way to import a wallet

Assume you have clicked the 1st option, Forbole X will ask you to restore the wallet from your Secret Recovery Phrase. Input the 24-word phrase and continue.

Enter the Secret Recovery Phrase. (The first 8 words are masked here)

After importing the wallet, set a password to secure your wallet. You will need to enter it to access this wallet in order to execute any transactions. Each wallet will have its own Security Password (v.s. the application password in first step) for the key encryption.

Set a password for this wallet

After that, choose DSM as the token you would like to import and set a moniker for your wallet.

Let’s call this wallet “Tina”

Congratulations! You have successfully imported your wallet!

When a wallet is being added to Forbole X, an account in the wallet will be automatically be added as well. You can access the account directly from the Portfolio page like the following.

The first account in the wallet is added and named with the token selected.

Beside the wallets, you can give every account a specific moniker. Some people would like to refer their accounts based on their purpose. Let’s update the moniker of this account now by clicking the icon on the right. This account is for personal savings. I’m going to call it Savings.

Edit the moniker of an account and save it.

Now I have imported the Savings account under Tina wallet. You can choose any moniker you like for naming your wallets and accounts.

Delegation

After you have your wallet setup, let’s make a delegation now. Click Delegate button next to the moniker of the account will bring up the following window.

Let’s try to delegate 3 DSM from the Savings account now. Input 3and then click Next.

Forbole X will let you choose the validators you would like to delegate to.

If you would like to delegate the amount to multiple validators, click “Add validator” and choose another validator from the drop down list. Forbole X will help you distribute your delegations to the chosen validators. Click “Next” to continue.

Delegate to multiple validators with X

A window will popup asking you to confirm the delegation. You can always review the transaction messages you are going to broadcast by clicking “View Data” before confirming.

The window will then ask you to unlock your wallet in order to sign the messages and broadcast them. Enter the “Security Password” you have set in the previous step now.

If the wallet is unlocked and the transaction is successfully broadcasted, you will see the following successful window.

Yohoooo! We have delegated 3 DSM to 3 different validators in a single action!

Not sure if you done it right? Check your delegations and activities on the Wallets page.

The transaction will be shown underneath, you can visit the link with the transaction hash and be directed to Big Dipper to read the details.

Using Ledger Nano S/X devices

Forbole X supports Ledger Nano hardware wallets. Please visit this guide to see the detailed instruction for installing Desmos Ledge app onto your Ledger devices.

Let import another wallet via a Ledger Nano device. Go back Wallets page and click Add Wallet. You will see the following window again. We choose the 3rd option, Connect with Ledger Hardware Wallet, this time.

Import a wallet via Ledger Nano device

The process is similar to import a wallet with Secret Recovery Phrase but Forbole X will prompt you to open Desmos Ledger app this time.

After importing the wallet, the default first account is added. You can again edit the moniker of the account by clicking the 3-dot context menu.

Forbole X let you add multiple accounts at a time. You can do this by clicking the little + sign next to the wallet moniker. Forbole X will search for the account balances and let you select the accounts you would like to add.

Adding multiple accounts

Again, you can set meaningful moniker to your accounts. You can also Star your accounts so that you can access them easily from the left menu.

Now, you can get a glance of your accounts by visiting the Portfolio page.

Don’t forget, there is always Experience from The Dark Side.

If you have any questions, please do not hesitate to ask them in the Desmos Discord server. The Desmos community is very helpful and friendly. To know more about Desmos and stay updated, please follow:

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