Band Protocol staking can be done through Ledger hardware wallets. When you stake your BAND tokens with Chorus One you can earn rewards up to 11.2% per annum.
The Band Protocol is a platform to aggregate and connect real-world data to smart contracts. Band seeks to deliver trusted information to cross-chain applications via its network of validator nodes.
By delegating BAND tokens to a BandChain validator like Chorus One, you are able to earn staking rewards for indirectly participating in securing the network and responding to oracle data requests.
Band oracles are integrated into major blockchains and applications including Binance Smart Chain, ICONS, Nervos and Others.
Please note that the unstake period is 21 days. This means that you can only unstake and withdraw coins to your wallet after this time has passed. We wish you profitable staking!
You will first need to install the Cosmos application (ATOM) from the Ledger Live Directory as the Band Protocol uses Cosmos SDK.
Go to the block explorer website Cosmocan.io and click the Connect button in the upper right corner as shown in the image.
Now choose a connection method. In our case it’s Ledger — Cosmos. Ledger will verify that the site you are connecting the hardware wallet to is genuine. Leave HD Derivation Path unchanged and click Connect to Ledger
Confirm the action on the Cosmocan.io Band Protocol browser page to use the Ledger device in that browser. Copy the addresschrome://flags/#enable-experimental-web-platform-features by clicking the OK button in the pop-up window.
Then enable the Experimental Web Platform Features option.
Restart your browser.
Once opened, Cosmoscan.io will ask for permission to connect to the HID device. Click Connect.
Success! The hardware wallet is successfully connected.
To get the BAND address, on the main page of the Cosmoscan.io browser, click on the profile icon in the upper right corner, copy the displayed address and send tokens to it.
After the coins arrive in the wallet, you can proceed to BAND staking.
You need to select a validator to delegate your BAND tokens. Go to the Validators tab (which you saw in the screenshot). Then select a validator from the list, or just start typing its name. We suggest voting for Chorus One — a reliable and proven validator present on over 25 networks. We have highly available infrastructure and high uptime (uninterrupted functioning time).
Click on the validator to continue.
On the page, click Delegate.
Enter the amount of tokens you want to delegate manually, or just click Max to stake the entire amount at once. Usually, you don’t need to enter a Memo, but if the validator has this parameter, then you need to enter it as well. After that click Next. <button>Next</button>
Click the Broadcast button. A notification will appear on your Ledger device. Confirm the transaction on the device.
If you have successfully staked Band tokens, you will see the following message:
Done! After the delegation, by clicking the View Details button, you can open a page with detailed information about the transaction.
A reliable way to stake and delegate your ROSE is using RockX.
Go to RockX Wallet for Oasis Network.
If you do not have an account yet, create one and fund it from either an exchange or get some ROSE tokens from someone who already holds them.
When you create a new wallet you will be shown 24-word mnemonic that you must securely store!
If you already have an account and you use Ledger then connect your Ledger and follow the instructions.
Once you are connected, select the ‘STAKING’ tab.
Find Chorus One among the list of validators and click DELEGATE in that row. The validators are sorted by their staking power. You can also see what commission they take on the staking rewards you earn, as well as how many people already delegate tokens to them.
A pop will appear showing the details of the validator. Click on Delegate to proceed. Choose the delegation amount and Gas price
Sign the transaction by selecting the ‘SIGN AND SUBMIT’ button.
Congratulations! You’re now staking your ROSE tokens, and you should see a screen that looks similar to the one below!
Centrifuge is building the operating system to connect the global financial supply chain.
Centrifuge is bridging real-world trade finance assets like company invoices into the world of decentralized finance through the Tinlake asset-backed lending protocol. Through Tinlake, users can tokenize non-liquid assets such as invoices (e.g. ConsolFreight) or streaming royalties (e.g. Paperchain) and borrow against these securitized assets.The Centrifuge Chain, which hosts the Tinlake protocol, is a Substrate-based Proof-of-Stake chain secured by a small set of validators including Chorus One. By delegating Centrifuge (CFG) tokens, stakers help maintain the network and its bridge to Ethereum, for which they earn staking rewards.
Make sure to note down your mnemonic seed in a safe place! You will lose access to your funds if you forget or lose it. It is not recommended to store them on an unsecured laptop
2. Create 2 accounts
To stake CFG tokens you require 2 funded wallets. Follow step 1 twice to create these two and some CFG to both.
Injective is an open, interoperable, layer-1 blockchain built for finance applications.
It provides a powerful smart contracts platform tailored for DeFi developers to build and launch dApps for widespread use quickly. Injective uniquely provides traditional finance infrastructures, such as an order book module, on-chain, and is highly interoperable with prominent layer 1s, including Ethereum and Cosmos.
Injective is built with the Cosmos SDK and utilizes a Tendermint proof-of-stake consensus for secure transactions with instant finality.
Some of the prominent ecosystem players within Injective:
Akash is a decentralized marketplace, where cloud providers (providers) can lease their computing power to users (tenants). The Akash marketplace functions by conducting reverse auctions whereby the tenant creates orders for computing power, and providers bid on these orders. When the tenant chooses a provider, they create a lease. After this, the user deploys a Docker container on the Akash Container Platform where users are able to then run any cloud-native application and access a range of cloud management services like Kubernetes.
Please note that the unstake period is 21 days. This means that you can only unstake and withdraw coins to your wallet after this time has passed. We wish you profitable staking!
We will stake via the Injective Hub. Go to https://hub.injective.network/ and click on Connect on the top-right corner to connect with any wallet currently integrated with Injective, which currently includes MetaMask, Ledger, Cosmostation, Leap, Keplr, Torus, or Trezor wallet.
Once you get connected you can view your dashboard. On the top right, you can view and copy your INJ address and the equivalent address in Ethereum. The Disconnect option is also found here.
Your Injective address
On the dashboard, you can click on Delegate Now to view validators and delegate your INJ tokens to them.
When you click the button, you are shown the list of validators.
Search for Chorus One in the search box and click on Delegate Now
A popup window will appear, and you can specify the amount of INJ you wish to stake.
Click on Delegate and you will be asked to sign a transaction, which will take place entirely on the Injective Chain. This means you no longer need to pay high gas fees!
Congratulations! You've successfully delegated your INJ tokens. You can head back to the Wallet page to view your delegations.
You claim your rewards, distributed continuously every block, on the Wallet page. When you unbond your tokens, you will stop receiving rewards, and your original INJ balance will be returned to you after the unbonding period, which is 21 days. The unbonding period can be changed via community-based governance.
