Ronin — How to Stake $RON Tokens with Luganodes
Introduction:
Ronin is an EVM-based sidechain created specifically for blockchain gaming by Sky Mavis — the company behind the popular blockchain game Axie Infinity.
In this guide, we’ll show you how to delegate your RON tokens with Luganodes and start earning rewards in a few simple steps.
Validator Details:
Validator Name: Luganodes
Validator Address/ ID: 0x6aaabf51c5f6d2d93212cf7dad73d67afa0148d0
Blockchain Explorer Link for the Validator: https://app.roninchain.com/validator/ronin:6aaabf51c5f6d2d93212cf7dad73d67afa0148d0
Unbonding Period:
- Unbonding period is a timeframe in which the funds are locked when you unstake
- There is no unbonding period on Ronin, You can withdraw your stake at any time and without penalties as long as three days have passed since you last staked in to this validator.
Step-by-Step Guide:
Step 1 — Set up your Ronin Wallet
- Download the Ronin Wallet extension for Chrome from here and set up your wallet
Step 2— Go to Ron Staking
- Head over to RON Staking dashboard and connect your Ronin wallet
Step 3— Select Luganodes
- Switch to All Validators
- Head over to the Today’s Validators section
- Look for Luganodes and Click on Delegate
Step 4— Confirm transaction
- Enter the amount of $RON tokens you want to delegate and click on delegate
- Confirm the transaction
- Wait for the transaction to go through and you have successfully delegated your $RON tokens with luganodes
* You can check your delegations under the My Staking section
