đHow To Stake AGORIC BLD with Keplr Wallet
đ´What is Agoric?
Agoric is a proof-of-stake network that utilizes JavaScript smart contracts, enabling developers to deploy and build decentralized applications and DeFi seamlessly. The BLD staking token secures and governs the Agoric chain and economy, while IST, which is issued by Inter Protocol, is an IBC stablecoin designed to facilitate economic growth on the network.
đľWhat is Keplr Wallet?
Keplr wallet is the leading, IBC-enabled wallet for the Cosmos ecosystem, and beyond. Itâs being developed by the Chainapsis team who have been building ecosystem tools since 2019 and have previously won several Cosmos HackAtoms.
In this guide, we are using the Keplr extension from the Chrome web store and Keplr dashboard to create a new wallet and stake your tokens successfully.
1ď¸âŁď¸Install Keplr wallet extension
If you havenât yet, go to https://www.keplr.app/ and click on the âInstall Keplrâ button. On the new screen Select âChromeâ and a new window will open asking you to add the Keplr wallet to your Chrome browser. Select âAdd to Chromeâ.
2ď¸âŁCreate your Keplr wallet
Once you open the Keplr extension, you can either âCreate new accountâ or âImport existing accountâ.
Follow the on-screen instructions and make sure you have backed up your mnemonic seed securely and preferably offline.
â ď¸ Never share this phrase with anyone!
Once you have backed up your mnemonics, enter the name of the wallet and confirm it by selecting âNextâ. You will be asked to confirm the seed phrase that you have just backed up. After that select âRegisterâ and your Keplr wallet will be successfully created.
3ď¸âŁStake your tokens
Open your Keplr wallet extension, choose Agoric network and select âStakeâ.
A new window will open up taking you to Keplr staking dashboard where you can see all of the available validators. If you liked this guide and would like to support our efforts, then you can delegate to âQubelabsâ validator.
In order to stake your tokens, select âManageâ and a new pop-up will appear where you can delegate, undelegate or redelegate BLD tokens. Select âDelegateâ and enter the amount of BLD you would like to delegate to the selected validator. After that, another pop-up will show where you need to confirm the staking transaction by selecting âApproveâ.
Thatâs it, congratulations! â
You have now successfully staked your BLD tokens.
To stay in touch with the latest developments of Agoric, visit:
Website: https://agoric.com/
Twitter: https://twitter.com/agoric
Discord: https://discord.com/invite/qDW8DRes4s
About Qubelabs.io
Qubelabs is your trusted partner for blockchain consultancy and validating services of the Web 3.0 Ecosystem. By working with us, you get a committed partner that contributes to the growth and development of the networks we work with.
If you would like to learn more about Qubelabs.io, here are our official links:
Website: https://qubelabs.co/
Twitter: https://twitter.com/qubelabs
Agoric Validator:
https://wallet.keplr.app/chains/agoric?modal=validator&chain=agoric-3&validator_address=agoricvaloper1x34ru60cx0jhaeucnwccg904q26yycw7jmgxxt
The Qubelabs team.