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Guides
How to stake MINA (Mina Protocol)
A step-by-step guide on staking MINA (Mina Protocol)
August 31, 2022
5 min read

Overview

Category Details
Chorus One Validator Address B62qmFf6UZn2sg3j8bYLGmMinzS2FHX6hDM71nFxAfMhvh4hnGBtkBD
Wallet Clorio
APR 11.59%
Block Explorer https://mina.staketab.com/
Staking Rewards https://www.stakingrewards.com/earn/mina/

How to stake MINA (Mina Protocol)

1. Create Account and Login

First of all, you have to log into your wallet.

Head to the Clorio web app or open the Clorio Desktop App and select Access with Ledger or Access with Private key.

In case you do not have an account click on Create a wallet and note down the passphrase and private key in a secure place.

Do not share your passphrase or private key with anyone. Doing so may cause loss of funds!

If you already have a wallet, insert your Private key to log in to your wallet. Once the Private key is inserted, the button Access the wallet will be enabled, allowing you to enter inside your wallet.

2. Delegate to Chorus One

On the left-side-menu click on Staking Hub item.

You will be brought to a new page, here you will have the staking status and the list of Validators.

To start delegating, you can scroll to Chorus One and click on the Delegate button, or you can manually delegate by clicking on the Custom delegation button.

After you click the Delegate button, a confirmation screen will show up.

Once you click on Confirm button you will be asked to insert a fee. The field will be pre-compiled with the Average fee, but you can choose the one that you want.

After you click on Proceed button, you will be asked to put your Private key in order to proceed with the delegation.

If the Private key is valid the modal will disappear, then will pop out an alert on the bottom right side of the screen confirming that your transaction has been successfully broadcasted to the network.

3. Using Ledger to delegate

If you are using a Ledger, Clorio will send all the information of the delegation to your Ledger in order to sign them on the device.

For instructions on how to install Ledger App for Mina visit here

Please be sure that your Ledger is connected, Ledger Mina app is open and your device is unlocked and your browser meets the minimum requirements.

If there are no issues with the delegation data, Clorio will wait for the Ledger signature and then broadcast the transaction to the network.

4. Delegation done

After entering your private key or signing with Ledger you will see the message Delegator successfully broadcasted. This means that delegation was successfully done!

Congratulations you are now staking Mina!!

5. (Optional) MINA Staking with Command-Line Interface (CLI)

If you are technically savvy and have a hardware wallet, we’ve included how to delegate to Mina using CLI.  First, if you haven’t already, you’ll need to generate a keypair and connect to the network.

Second, make sure you’ve unlocked your account and enter the following in the terminal:

mina account unlock -public-key $MINA_PUBLIC_KEY

Then run this command to delegate your stake:

mina client delegate-stake \
  • receiver <DELEGATE-PUBLIC-KEY> \
  • sender $MINA_PUBLIC_KEY \
  • fee 0.1
  1. The receiver is the public key of the validators to receive your stake delegation.
  2. The sender is the public key of the account from which you want to delegate
  3. The fee is the transaction fee required to record your transaction.

Chorus One's Public Key: B62qmFf6UZn2sg3j8bYLGmMinzS2FHX6hDM71nFxAfMhvh4hnGBtkBD

There is a 2-4 week delay (also known as a latency period) before your new stake delegation comes into effect.

Guides
How to stake OSMO (Osmosis)
A step-by-step guide on staking OSMO (Osmosis)
August 17, 2022
5 min read

Overview

Category Details
Chorus One Validator Address osmovaloper15urq2dtp9qce4fyc85m6upwm9xul3049wh9czc
Wallet Keplr
APR 92%
Block Explorer https://www.mintscan.io/osmosis
Staking Rewards (inactive) https://www.stakingrewards.com/earn/osmosis
Unstaking Period 21 Days

Osmosis is a heterogeneous, interoperable AMM that gives users and LPs flexibility and customization never before seen in existing AMM protocols. LPs can select their time horizons for providing liquidity, third-parties can incentivize pools ad-hoc, governance can distribute OSMO rewards where they deem fit, pool creators can play with mathematical expressions (curves) for lower-slippage swapping and users can swap assets, cross-chain.

Osmosis uses the standard DPoS staking mechanism found in the Cosmos SDK. Users can delegate their OSMO tokens to Chorus One to receive a share of rewards generated by the network.

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!

How to stake

1. Install Keplr Wallet Extension

In case you don't have the keplr extension installed in your browser visit https://www.keplr.app/ and click on Install extension.

Click on Install Keplr for Chrome if you are using a Chrome browser or Brave if you are using the Brave browser and follow the installation instructions.

2. Create/Import Account

Click on the extension in the Chrome/Brave toolbar and the following page will open up.

In case you do not have an existing Keplr account you can create a new account

You will be shown 12 words as your mnemonic seed. Select24 words option for a more secure mnemonic. Back it up securely (read the warning below)

Back up your mnemonic seed securely.

  • Anyone with your mnemonic seed can take your assets.
  • Lost mnemonic seed can't be recovered.

Enter an account name and a passphrase to unlock your wallet. You will be asked for the mnemonic again. Enter the 24 words in order. This is to make sure you remember the mnemonic.

Finally, click on Next to create your account

3. Log in to your account

Regardless of whether you already have an account or if you created it just now you may now click on the extension to view your address or visit https://wallet.keplr.app/#/osmosis/stake to see the full dashboard.

4. Stake your OSMO

If you don't already have OSMO in your account fund it with some tokens. You may use an exchange to transfer the OSMO tokens to your address or get it from someone who already holds those.

To stake click on the Osmosis network in the left panel and click on Stake

You will be shown a list of validators with whom to stake on the right side. Scroll to Chorus One and click on Manage.

A modal with Chorus One's description will pop up. Click once on Delegate to enter the amount of tokens you want to stake.

Clicking on Delegate again will take you to Keplr wallet for approval. Approve the transaction and you will be able to see your stake.

There is a 21-day unbonding process for staked OSMOs during which delegator OSMOs do not earn rewards and cannot be transferred, exchanged, or spent. OSMOs can, however, be slashed during the unbonding period.

5. Claiming rewards

After some time you will see rewards getting accumulated in your account. You can simply go to the Keplr extension to claim them.

MEV
News
Chorus One announces MEV-Boost support
The Ethereum Merge is one of crypto’s most anticipated events.
August 12, 2022
5 min read

The Ethereum Merge is one of the most anticipated events in crypto history.

The transition, meant to take Ethereum from its current Proof-of-Work consensus mechanism to a Proof-of-Stake model, has been in the works since Ethereum’s inception. However, it took its first step in December 2020, when the Beacon Chain was successfully launched. And now, with the consensus mechanism running unimpeded for a year and a half and over 13 million staked ETH, developers feel confident enough to move to the second step. This requires joining the consensus layer of the Beacon Chain with the execution state of the main Ethereum chain, the process known as “the Merge”.

This new era to the Ethereum protocol brings better security, greater energy efficiency, and sets the stage for future scaling efforts meant to take Ethereum to the moon.

Chorus One prepares for the Merge

Chorus One has been closely following the development efforts to bring Proof-of-Stake Ethereum to reality. As a trusted staking provider in the ecosystem, we are participating in testing the Merge at this critical point with our Prater/Goerli nodes ready for transition. We are particularly aware of the risks associated with such a significant change of operations in a blockchain that has captured a major part of the economic activity in the crypto ecosystem. For that reason, our goal remains to support decentralised networks to promote the security and availability of our services, and to increase the rewards of our clients under such a standard.

As we think of the future for both our operations in the Ethereum ecosystem and the existential threats that can compromise the integrity and stability of the network, we have devoted a lot of effort into understanding MEV and clarifying our position towards it.

MEV-Boost

On our path to support a more decentralised, democratic and fair distribution of MEV rewards for our stakers, we would like to announce our support for MEV-Boost.

Although MEV continues to be a controversial and cutting-edge space for research, we believe that this can be an interim solution as we wait for more sophisticated in-protocol upgrades. On a high level, MEV-Boost is an implementation of proposer-builder separation (PBS) built by the Flashbots team for Proof-of-Stake Ethereum. As a free, open-source and neutral software, we believe it embraces the values of the Ethereum community and can be a valuable asset for all validators, big or small.

Why run MEV-Boost

By participating in the fair extraction of MEV, we believe we are unlocking the real value of the networks we support, as well as increasing the value of staking to promote higher rates of participation, and an increase in the security of the PoS protocol.

As staking providers, running MEV-Boost allows us to maximize the staking rewards of our clients while protecting Ethereum decentralization, with an estimated increase of 60% in the rewards we can share.

Unlike previous Flashbots’ offerings, this software is compatible with all client implementations of the Ethereum protocol, making it a big step towards further client diversity, a topic that has been the subject of research at Chorus One in the past year.

Finally, we are committed to evaluate and continue to monitor different approaches to our MEV implementations, and to the risks of single-relay and single-block producers, working with different teams to find the most balanced system. Fair MEV extraction continues to be something we iterate on going forward.

The way forward

In the coming days we will be getting ready to test MEV-Boost on our Goerli infrastructure to best prepare in time for the mainnet Merge. We have been working closely with Flashbots and collaborating with other node operators to ensure that the product is ready and tested by the time it goes live.

MEV is an inevitable part of participating, not only on blockchains, but in all ordered economic systems. Our intent is to be responsible participants of Ethereum and beyond, with MEV research spanning Solana and Cosmos, there is more to come. For the time being, follow our node readiness for MEV-Boost here.

About Chorus One

Chorus One is one of the largest staking providers globally. We provide node infrastructure and closely work with over 30 Proof-of-Stake networks.

Website: https://chorus.one
Twitter: https://twitter.com/chorusone
Telegram: https://t.me/chorusone
Newsletter: https://substack.chorusone.com
YouTube: https://www.youtube.com/c/ChorusOne

MEV
Chorus One announces support for MEV-Boost
The Ethereum Merge is one of the most anticipated events in crypto history.
August 10, 2022
5 min read

The Ethereum Merge is one of the most anticipated events in crypto history.

The transition, meant to take Ethereum from its current Proof-of-Work consensus mechanism to a Proof-of-Stake model, has been in the works since Ethereum’s inception. However, it took its first step in December 2020, when the Beacon Chain was successfully launched. And now, with the consensus mechanism running unimpeded for a year and a half and over 13 million staked ETH, developers feel confident enough to move to the second step. This requires joining the consensus layer of the Beacon Chain with the execution state of the main Ethereum chain, the process known as “the Merge”.

This new era to the Ethereum protocol brings better security, greater energy efficiency, and sets the stage for future scaling efforts meant to take Ethereum to the moon.

Chorus One prepares for the Merge

Chorus One has been closely following the development efforts to bring Proof-of-Stake Ethereum to reality. As a trusted staking provider in the ecosystem, we are participating in testing the Merge at this critical point with our Prater/Goerli nodes ready for transition. We are particularly aware of the risks associated with such a significant change of operations in a blockchain that has captured a major part of the economic activity in the crypto ecosystem. For that reason, our goal remains to support decentralised networks to promote the security and availability of our services, and to increase the rewards of our clients under such a standard.

As we think of the future for both our operations in the Ethereum ecosystem and the existential threats that can compromise the integrity and stability of the network, we have devoted a lot of effort into understanding MEV and clarifying our position towards it.

MEV-Boost

On our path to support a more decentralised, democratic and fair distribution of MEV rewards for our stakers, we would like to announce our support for MEV-Boost.

Although MEV continues to be a controversial and cutting-edge space for research, we believe that this can be an interim solution as we wait for more sophisticated in-protocol upgrades. On a high level, MEV-Boost is an implementation of proposer-builder separation (PBS) built by the Flashbots team for Proof-of-Stake Ethereum. As a free, open-source and neutral software, we believe it embraces the values of the Ethereum community and can be a valuable asset for all validators, big or small.

Why run MEV-Boost

By participating in the fair extraction of MEV, we believe we are unlocking the real value of the networks we support, as well as increasing the value of staking to promote higher rates of participation, and an increase in the security of the PoS protocol.

As staking providers, running MEV-Boost allows us to maximize the staking rewards of our clients while protecting Ethereum decentralization, with an estimated increase of 60% in the rewards we can share.

Unlike previous Flashbots’ offerings, this software is compatible with all client implementations of the Ethereum protocol, making it a big step towards further client diversity, a topic that has been the subject of research at Chorus One in the past year.

Finally, we are committed to evaluate and continue to monitor different approaches to our MEV implementations, and to the risks of single-relay and single-block producers, working with different teams to find the most balanced system. Fair MEV extraction continues to be something we iterate on going forward.

The way forward

In the coming days we will be getting ready to test MEV-Boost on our Goerli infrastructure to best prepare in time for the mainnet Merge. We have been working closely with Flashbots and collaborating with other node operators to ensure that the product is ready and tested by the time it goes live.

MEV is an inevitable part of participating, not only on blockchains, but in all ordered economic systems. Our intent is to be responsible participants of Ethereum and beyond, with MEV research spanning Solana and Cosmos, there is more to come. For the time being, follow our node readiness for MEV-Boost here.

About Chorus One

Chorus One is one of the largest staking providers globally. We provide node infrastructure and closely work with over 30 Proof-of-Stake networks.

Website: https://chorus.one
Twitter: https://twitter.com/chorusone
Telegram: https://t.me/chorusone
Newsletter: https://substack.chorusone.com
YouTube: https://www.youtube.com/c/ChorusOne

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