Top reasons to stake with Talisman wallet 🪬

Natti
We are Talisman
Published in
6 min read19 hours ago

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While staking promises attractive returns, the complex setup and confusing user interfaces can sometimes be major obstacles. Navigating through multiple steps, understanding protocols, and handling high transaction fees can be overwhelming.

Talisman simplifies this experience with a user-friendly platform designed for ease of use.

Discover the top reasons why Talisman is the ideal choice for staking.👇

Why is Talisman the best for staking? 🏆

Since 2021, Talisman has been known for offering a smooth and user-friendly interface that simplifies all the complexities of web3 for any level of user.

Talisman wallet is used by over 50% of pooled stakers in the Polkadot ecosystem, amounting to over 8 million DOT staked today (47 million $ on day of publishing), a testament to the trust and support of our community!

Talisman is a sleek and stylish wallet with an unbeatable UI that connects you to over 180 EVM and Substrate-based blockchains, from Ethereum to the entire Polkadot ecosystem which makes it the best account management tool across various networks.

Simple for beginners, powerful for Pros.

Here are all the reasons to stake with Talisman:

1️. Sleek and powerful wallet👌

Talisman is widely known for its beautiful UI and simple, user-friendly interface. Many wallets have a steep learning curve, making them difficult for new users to understand and use effectively. The user interface and user experience can be complicated, leading to mistakes and confusion. The Talisman wallet extension offers a seamless, user-friendly experience designed to make managing your crypto assets intuitive and straightforward.

You can tailor your wallet experience to your needs with your preferred language, portfolio currencies, and by organizing your accounts into folders.

Many users switch to Talisman because it makes navigating web3 that much easier!

2. Auto-compounding and auto-claiming feature for staking rewards. 🔁

Talisman is the only wallet which currently offers auto-claiming feature in Polkadot!

The auto-compounding simplifies the process of earning rewards by automatically reinvesting your earnings to maximize your returns. Here’s how it works:

Key Benefits:

  1. Set & Forget staking: Automatically reinvests earned rewards without the need for manual intervention.
  2. Maximized Returns: Ensures that your rewards are constantly working for you, increasing the overall yield through compounding.
  3. Time-Saving: Eliminates the need to manually claim and reinvest rewards, saving you time and effort.
  4. Money saving: Talisman takes care of all the fees for you, eliminating the need for frequent manual transactions, which can accumulate significant fees over time.
  5. Security: Maintains the same high level of security and safety as the rest of the Talisman Wallet features, ensuring your assets are protected while they grow.

How to use auto-claim:

  1. Go staking portal app.talisman.xyz , choose asset you stake and click on the “Claim Settings” button.
Claim settings setup

2. Choose your preferred Claim Method,

Claiming method

a. Rewards are automatically re-staked daily via the Auto-compound option.

b. Rewards are paid to your account daily via the Auto-withdraw option.

This feature makes staking straightforward, allowing you to achieve the best rewards with minimal effort.

Note:

- Whilst Talisman supports multiple staking protocols, only assets that use the Nomination Pools pallet (DOT, KSM, AVAIL, VARA, AZERO) are supported by Talisman’s auto-compounding process.

- Auto-claiming will only apply when rewards reach an amount greater than the published threshold (currently $2 USD).

3. Multi-asset staking dashboard 🥩

Multi-staking dashboard demo

We can all agree that understanding the technical aspects of staking and navigating through various steps can be daunting, especially for beginners.

Users often worry about the security of their assets, as staking involves locking up funds. The risk of wallet hacks, phishing attacks, and malicious validators can deter users from staking. Poorly designed user interfaces and user experiences can create friction.

Talisman Wallet offers you an intuitive and simple interface that guides users through the staking process step-by-step. 1- click staking with Talisman makes staking accessible even for beginners.

Talisman’s multi-asset staking dashboard allows you to manage multiple assets in 1 place. At the moment, you can stake popular tokens like DOT, KSM, AZERO, VARA, ASTR, ETH, GLMR, and AVAIL with more tokens on the way. 😉

Staking positions in Talisman portal

4. High Security 🔐

As a self-custodial solution, Talisman ensures you have full control over your assets. We never access your private keys, and you maintain complete authority over your accounts and funds. We never store or request our password, private key, or secret phrase anywhere except in the secure wallet extension itself.

With Talisman, you are the sole custodian of your assets. This principle extends to staking your tokens with Talisman — you’re interacting directly with the chain from your wallet, there is no intermediary that takes custody of your assets before they’re staked on-chain.

As an open-source wallet with multiple audits, Talisman is dedicated to transparency and security, giving users confidence that Talisman is software they can trust to store & manage their assets.

5. Boost your points in Talisman Quests. 🎯

We have recently launched an immersive and gamified app called Talisman Quests, which has already generated a lot of excitement. With our unique points system, you can engage in various activities such as wallet mining, custom quests, earning rewards, referring friends, and much more.

Here we introduced Wallet Mining concept, a new incentive game where you earn XP simply for holding your favorite tokens in your Talisman wallet. Different tokens offer different rewards, and if you stake with Talisman, you can benefit from even higher multipliers. 🚀

Talisman Quests page

Don’t miss the exclusive opportunity! Each period, new quests and opportunities will be available to users.

Stay updated by checking our announcements and following us on our social media channels. 👇

6. 24/7 multi-language support 🌎

Talisman stands out amongst other wallets by offering 24/7 multilingual support. Our dedicated team is available around the clock, ready to assist you in your preferred language.

You receive immediate help with any issues, minimizing downtime and avoiding the prolonged stress associated with unresolved problems.

Here is what our users have to say about it:

Users testimonials

Thus, Talisman stands out as the top choice for managing multiple accounts and staking your assets. Our streamlined staking interface and auto-claiming functionality guarantee you can easily maximize your passive earnings.

Join the Talisman community and start staking today 👉 app.talisman.xyz

About Talisman

Talisman is a web3 wallet that unlocks a universe of applications in Ethereum and Polkadot. With Talisman you can safely store, send, receive assets, and connect to applications.

Website | Download | Twitter | Discord | YouTube

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