ROSE Staking [Guide for Bitpie Wallet]

VYCL
Oasis Foundation

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Dear Oasis Network Community,

As you know, Oasis Network recently launched the main net. During this period, the community started asking many questions about ROSE staking. You can see all the options for ROSE token staking here. Bitpie is the first mobile wallet for ROSE token on the Oasis Network main net. Many of you have questions about staking. Today, I will explain how you can stake your ROSE tokens with Bitpie wallet.

Step 1) Download Bitpie wallet and Choose the ROSE wallet system! (Android & iOS*)

Step 2) You can see your ROSE dashboard and your ROSE wallet address. To see the deposit address click “Receive” & make your deposit to your wallet. To stake your ROSE tokens, click “Escrow” after the deposit.

Step 3) You can see all validators in the “Escrow” tab. Please pick one and tab on it. You can see all validators on Oasis Scan also.

Step 4) Check out the details of the validator you selected and write down how many ROSE you will stake and submit.

Step 5) Bitpie will ask for your PIN code or biometric verification for the transaction. Enter your PIN code & proceed.

Congratulations, your ROSE tokens have been sent to the validator address and staking has begun. You can see your staked tokens in “my escrow” tab.

Remember! You can always debond your staked ROSE. To unstake, click on “My Escrow” and click you validator’s name. Write down how many ROSE you want to unstake and submit. That’s all. You debonding process will start. The debonding process will take approximately 14 days and your tokens will be back with staking rewards to your wallet. You can see the details about this process under the “Debonding” tab.

*Note: iOS device users should use “Bitpie Pro” if they want to stake their ROSE tokens. Bitpie wallet can not support staking feature yet.

Note 2: While staking your ROSE tokens with Bitpie, you may not see your staking reward amount on the application. Please visit oasisscan and you will see your awards there.

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VYCL
Oasis Foundation

#OasisFoundation #FerrumNetwork #Burency Community Manager