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Guides
How to stake BAND (Band Protocol)
A step-by-step guide on staking BAND (Band Protocol)
January 24, 2023
5 min read

Overview

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.

Category Details
Chorus One Validator Address bandvaloper15urq2dtp9qce4fyc85m6upwm9xul3049fz627w
APY 11.2 %
Wallet Keplr
Block Explorer https://cosmoscan.io/ | https://www.mintscan.io/band
Staking Rewards https://www.stakingrewards.com/earn/band-protocol/
Unstaking Period 21 Days

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!

How to stake BAND (Band Protocol)

1. Launch the Ledger Live app
2. Download Cosmos (ATOM) using Ledger Live

You will first need to install the Cosmos application (ATOM) from the Ledger Live Directory as the Band Protocol uses Cosmos SDK.

3. Connect your Ledger device to your web wallet

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.

4. Top up your wallet

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.

5. Choose a validator

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.

6. Delegate BAND

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.

Guides
How to stake ROSE (Oasis Network)
A step-by-step guide on staking ROSE (Oasis Network)
January 20, 2023
5 min read

Overview

Category Details
Chorus One Validator Address oasis1qpn83e8hm3gdhvpfv66xj3qsetkj3ulmkugmmxn3
Wallet RockX Wallet, Oasis Web Wallet
APR 15%
Block Explorer https://www.oasisscan.com/
Staking Rewards stakingrewards.com/earn/oasis-network/

How to stake $ROSE

A reliable way to stake and delegate your ROSE is using RockX.

1. Create/Sign in to your Account

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.

2. Open 'staking' tab

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.

3. Enter amount of ROSE to delegate

A pop will appear showing the details of the validator. Click on Delegate to proceed. Choose the delegation amount and Gas price

4. Sign the transaction

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!

Official resources

1. How to use Oasis Wallet - Browser Extension
2. How to use Oasis Web Wallet
3. Oasis CLI

Guides
How to stake CFG (Centrifuge)
A step-by-step guide on staking CFG (Centrifuge)
January 9, 2023
5 min read

Overview

Centrifuge is building the operating system to connect the global financial supply chain.

Category Details
Chorus One Validator Address 4gF1YM8TioXtEPheVfA2XwqS4iMcwHXBXquwULxPbuvMv2Si
4g6s6HvkJX5ZMbf6vevVLLVSLmHRfJzqTfCHck6cUfQrtmXP
Wallet Polkadot JS Chrome Extension
Block Explorer https://portal.chain.centrifuge.io/#/staking

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.

How to stake Centrifuge (CFG) tokens

1. Create a wallet using Polkadot JS extension
  1. Download the extension here and add it to your browser.
  2. Go to https://portal.chain.centrifuge.io and  authorize the connection to the extension
  3. Go to settings and update the metadata.
  4. Now go to the extension and create a new address by adding an account.
  5. In the next step change the network name to Centrifuge Mainnet and create an account name and passphrase.
  6. You can then refresh the portal, check the Accounts tab. Your address should appear there.

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

Polkadot JS Extension

                                                                                             

Add Account

                                                                                                     

Save the mnemonic safely

                                                                                     

Select Centrifuge Mainnet

                                                                                           

View the account in the My Accounts section

                                                                             

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.

  1. The stash account - Main wallet.
  2. The controller account - Used for transactions and thus requires a small amount of tokens only.
Two accounts

                                    

3. Selecting a Nominator
  1. Once you have both the wallets funded with some amount head over to the Network tab and select Staking.
  2. Under the Staking tab select Account Actions and add a nominator by clicking on +Nominator.
  3. The Setup Nominator modal will appear. Make sure you select the correct stash and controller accounts.
  4. In the value bonded field add the number of tokens you want to stake.
  5. In the next step, nominate Chorus One as the validator.
  6. Finally, click on Bond and Nominate and authorize the transaction by clicking on Sign and Submit.
  7. Your nomination will become active in the next session and your CFG tokens will start earning staking rewards
Staking
Add Nominator
Setup Nominator
Staked! Waiting for nomination to become active!

Guides
How to stake INJ (Injective)
A step-by-step guide on staking INJ (Injective)
January 8, 2023
5 min read

Overview

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:

  • Helix, the premier on-chain order book exchange for trading derivatives
  • Frontrunner, the first decentralized sports prediction market with zero gas fees
  • White Whale, a lending protocol for the interchain
  • Category Details
    Delegation Address injvaloper14yeq3lkajldaggj28hmq8xng9xux7x5g46hezv
    APY 15.28 %
    Wallet Metamask, Ledger
    Block Explorer https://explorer.injective.network/
    Staking Rewards https://www.stakingrewards.com/earn/injective-protocol/
    Unstaking Period 21 Days

    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!

    How to stake INJ (Injective)

    1. Access the Hub

    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.

    Wallet List
    2. Explore the dashboard

    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.

    Dashboard

    Your Injective address

    3. Delegate your tokens

    On the dashboard, you can click on Delegate Now to view validators and delegate your INJ tokens to them.

    Delegate Now

    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.

    4. Claiming rewards and unbonding

    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.

    Guides
    How to stake AVAX (Avalanche)
    A step-by-step guide on staking AVAX (Avalanche)
    January 4, 2023
    5 min read

    Overview

    Category Details
    Delegation Address NodeID-LkDLSLrAW1E7Sga1zng17L1AqrtkyWTGg
    NodeID-4Ubqsj2vfwdGUUYNg1jtYpkYNNLugNBQ9
    Wallet https://wallet.avax.network/
    APR 9.2%
    Block Explorer https://explorer.avax.network/
    Staking Rewards https://www.stakingrewards.com/earn/avalanche/
    Unbonding Period The minimum staking duration is two weeks.
    1. Create an account

    If you've spent some time reading how Avalanche works, you'd know that staking on Avalanche works a bit differently. First, you need an Avalanche Wallet. Create a new one or access your existing wallet here

    Make sure you're on the right URL. Don't fall prey to phishing attacks by sites that look like the official wallet
    Fastest Performing and Secure DeFi Wallet | Avalanche Wallet
    2. Purchase some AVAX

    Once you've accessed your wallet, you need some $AVAX! If you bought your AVAX on an exchange, you'll need to transfer it to the X-chain. Copy your X-chain address and use it to withdraw your AVAX from the exchange.

    3. Cross Chain Transfer

    You should now have some AVAX on the X-chain. But staking works with the P-chain so you need to use the "Cross Chain" feature to move your AVAX from the X to the P-chain. You will need to pay a small amount of AVAX as fees so make sure you don't transfer the entire amount.

    4. Select Chorus One Node

    Once your AVAX is on the P-chain, it's time to stake! Click EARN on the left-hand side of the menu.

    Since you want to delegate your AVAX, click on DELEGATE and then ADD DELEGATOR. Now you want to choose the Node you're delegating to. In order to delegate to the @ChorusOne node, copy one of the following two node-ids

    NodeID-4Ubqsj2vfwdGUUYNg1jtYpkYNNLugNBQ9
    NodeID-LkDLSLrAW1E7Sga1zng17L1AqrtkyWTGg

    Go to Search Node ID and paste it there. Click Select. You're almost there!

    Sometimes you might see the message that the Node is oversubscribed. Try using the other nodeID if you see this message. In case, you see this message for all the nodes, feel free to email at support@chorus.one

    5. Confirm Delegation

    Select the end date for your stake, the amount for staking and click on Confirm. That's it. Congratulations. Your AVAX will now start earning rewards and you've just made the network more secure. If this AVAX staking guide helped you, share it with a friend!

    The minimum staking duration is two weeks. A delegator will receive a higher percentage of rewards if they decide to stake for longer amounts (up to a year), thus incentivizing longer stake lengths.

    Guides
    How to stake ATOM (Cosmos Hub)
    A step-by-step guide on staking ATOM (Cosmos Hub)
    December 29, 2022
    5 min read

    Overview

    The Cosmos Hub keeps track of balances and routes transactions through the internet of blockchains. When you stake your ATOMs with Chorus One you can earn rewards up to 9.67% per annum.

    Category Details
    Chorus One Validator Address cosmosvaloper15urq2dtp9qce4fyc85m6upwm9xul3049e02707
    APY 9.6 %
    Wallet https://wallet.keplr.app/
    Block Explorer https://www.mintscan.io/cosmos
    Staking Rewards https://www.stakingrewards.com/earn/cosmos
    Unstaking Period 21 Days

    The Cosmos Hub seeks to become the center of a network of blockchains abiding by the standards of the Inter-Blockchain Communication protocol (IBC). Cosmos technologies like Tendermint and the Cosmos SDK framework are used by projects like Binance Chain, Band, Terra, Kava, Aragon, and others - securing multiple billions of dollars in value. By delegating ATOM to Cosmos Hub validators like Chorus One, stakers receive a share of inflationary token rewards, as well as fees from transactions that go through the Hub, for example for routing tokens between two IBC-compatible blockchains.

    How to stake ATOM (Cosmos Hub)

    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!
    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/#/secret/stake to see the full dashboard.

    4. Stake your ATOMs

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

    To stake click on the Cosmos 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 ATOM tokens during which delegator ATOMs do not earn rewards and cannot be transferred, exchanged, or spent. ATOMs 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.

    Guides
    How to stake SKL (SKALE Network)
    A step-by-step guide on staking SKL (SKALE Network)
    December 19, 2022
    5 min read

    Overview

    Category Details
    Chorus One Validator Address 0x7e32a321A9a0c8B06058CA0230a3E4D11d2a9411
    Wallet Metamask
    APR 10%
    Block Explorer https://explorer.skale.network/
    Staking Rewards https://www.stakingrewards.com/earn/skale

    How to stake SKL (SKALE Network)

    Staking your SKL via the Activate platform and Metamask involves three main steps:

    1. Create an Activate Account & connect your Metamask wallet.
    2. Stake with a validator of your choice.
    3. Manage your Skale staking operations.
    1. Before you get started, please make sure to have the Metamask Browser Extension installed and to have enough ETH in your wallet to cover transaction fees.
    2. If you are using a Ledger device, make sure it runs the newest firmware and to have the latest version of the Ethereum App installed on it.
    3. Please note that you need to stake more than 100SKL.

    1. Create an Activate Account & connect your Metamask wallet

    1a. Create an Account on the Activate Platform

    Visit the Consensys Activate homepage and click “Sign Up” in the top right corner. Fill out the required information and make sure to choose a strong password for your account (Required: Minimum 8 characters, 1 number, 1 special character, 1 lowercase, 1 uppercase).

    You need to verify your eMail address via a confirmation mail that is sent to you right after you filled out the required information. Click the link in the eMail and sign in to your newly created Activate account.

    After your first login, you are asked to provide additional information and pass a KYC in case you want to participate in future token sales that are conducted via the Activate platform. You can either do this right away or come back to it later by visiting the “Your Profile” section in the upper right corner of the Activate UI.

    The first step to staking your Skale is creating an Account on the Activate Platform

    1b. Connect your Account with your Metamask Wallet

    Visit the Activate main menu by clicking the icon in the upper left corner. Then click on Connect Wallet and choose Metamask (you can also use Metamask with a Ledger Device). You will now see your wallet address in the upper right corner.

    Connect your Activate Account with your Metamask Wallet with just a few clicks

    2. Stake with Chorus One
    Properly fund your Account

    In case you do not have any SKL token in your account, make sure to properly fund it before you continue. Simply copy your address by clicking on it. Then send the SKL to it that you want to stake.

    After you fund your account, visit the Staking page on Activate. Here you will find an overview of available validators that are active on the Skale network.

    Fund your account and then visit the “Staking” menu

    To start the staking process, click stake next to the validator of your choice. Read through the displayed information and then click Stake my first SKALE tokens.

    Now choose the amount of your SKL that you want to stake as well as a staking period (currently only 2 months is available). Please note that you need to stake more than 100 SKL and that your staked funds are locked and illiquid for your entire staking period. Once you read through all the information, click Continue. In the subsequent window, click Stake [your amount] SKL to Chorus One.

    Your stake will become active by the beginning of the next epoch (first of every calendar month) and once your delegation is accepted by your chosen validator. Once your transaction is confirmed, you are presented with a summary of your staking request.

    Please note that you need to stake more than 100SKL

    And that’s a wrap! You are now helping to secure the Skale network for which you earn rewards. Congratulations and welcome aboard our Skale validator, good to have you with us!

    3. Manage your Skale staking operations
    Token Inventory

    There are a few things to keep in mind when staking on the Skale network. Within the Activate UI, you can manage most of your staking operations within the “Token Inventory” submenu of the “Staking” page.

    Most staking operations are performed in the “Token Inventory”

    In the Token Inventory menu you find an overview of how your funds are constituted. At the bottom of the page, you can find an overview of your staking operation. Please note that once you staked your SKL, the stake will become active in the subsequent epoch and will remain locked for the entire staking period. The validator you chose to stake with has to accept your delegation.

    The Token Inventory provides you with an overview of your staking operations

    4. Skale Epochs & Rewards

    Epochs are units of time within the Skale network. They equal a one-month calendar period of network activity. They always start on the 1st of each calendar month. Rewards for validators and delegators are distributed at the end of each epoch and you are able to claim them within several days after the end of the epoch. Please note that claiming your rewards incurs a transaction fee, so make sure to have enough ETH in your wallet to cover the fees. Your rewards do NOT expire and you can claim them whenever you please. To claim your rewards, visit the “Token Inventory” and click “Claim [x] SKL”. Approve the transaction in the Metamask pop-up window and, in case you are using a ledger, sign the transaction on your ledger device.

    How you can claim your Skale staking rewards

    5. Auto-Renewal

    The default setting of your staking operation is set to “Auto-renew”. This means that your staking period is automatically renewed for the same period as you initially choose. Hence, your tokens are automatically re-delegated to your chosen validator at the end of your delegation period. You can always choose to stop this by visiting the “Token Inventory” and switching the button next to Auto-renew?.

    Note that this will incur transaction fees that you need to cover. Make sure to stop the auto-renewal a few days before your staking period ends. Also, note that this cannot be reversed. Make sure to turn off “auto-renewal” in case you want your funds liquid after your staking period

    Guides
    How to stake CELO (Celo Network)
    A step-by-step guide on staking CELO (Celo Network)
    December 5, 2022
    5 min read

    Overview

    Celo is an open platform that makes financial tools accessible to anyone with a mobile phone. When you stake your CELO tokens with Chorus One you can earn rewards up to 13.2% per annum.

    Category Details
    Chorus One Validator Address 0x81cef0668e15639D0b101bdc3067699309D73BED
    APY 13.2 %
    Wallet https://celowallet.app/
    Block Explorer https://explorer.celo.org/
    Staking Rewards https://www.stakingrewards.com/earn/band-protocol/
    Unstaking Period 3 Days

    The native Celo token (CELO) is used to pay for transactions and these can also be staked by token-holders to earn rewards, participate in governance, and vote for validators.

    How to stake Celo tokens

    You have to perform 3 steps to be able to stake your CELO tokens with Chorus One

    1. Locking your CELO tokens

    First, you will need to lock your CELO with the following command.

    Please note that CELO tokens require 3 days to unlock

    celocli lockedgold:lock --from 0xYourAddress --value 10000000000000000000000

    Be sure to change 0xYourAddress to the address that is holding your CELO. 10000000000000000000000 is equivalent to 10,000 CELO.

    We recommend using a Ledger hardware wallet for the CELO tokens. If you are using a Ledger, add -useLedger to the above command

    celocli lockedgold:lock --from 0xYourAddress --value 10000000000000000000000 --useLedger

    2. Wait and Activate

    Once you have completed this transaction, wait one day and activate your votes by using the following command

    celocli election:activate --from 0xYourAddress --wait

    3. Vote for Chorus One

    Complete your staking process by voting for Chorus One Validator

    celocli election:vote –for=0x81cef0668e15639D0b101bdc3067699309D73BED –from=0xYourAddress –value=1000000000000000000000

    Be sure to change 0xYourAddress to the address that is holding your CELO.
    In this example, 10000000000000000000000 is being used to vote for Chorus One with 10,000 CELO.
    Detailed Guide

    For a detailed guide please visit the official documentation for Celo network

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