Go to https://wallet.keplr.app/chains/juno, search for Chorus One from the list of validators, and click on it.
Go to https://wallet.keplr.app/chains/juno, search for Chorus One from the list of validators, and click on it.
Enter the amount you want to stake (leave some amount in your wallet to pay for the fees)
Click on the Delegate button
Click on Delegate and then Approve the transaction in your wallet/ledger. You're now staking with Chorus One!
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A smart contract provider. CosmWasm is a library providing all modular code needed for building a contract. And CosmWasm-template contains a starter pack to quickly set up a minimal contract along with build system and unit tests, so you can start writing custom logic directly.
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!
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.
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.
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
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/#/akashnet/stake to see the full dashboard.
If you don't already have AKT in your account fund it with some tokens. You may use an exchange to transfer the AKT tokens to your address or get it from someone who already holds those.
To stake click on the Akash 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 AKTs during which delegator AKTs do not earn rewards and cannot be transferred, exchanged, or spent. AKTs can, however, be slashed during the unbonding period.
After some time you will see rewards getting accumulated in your account. You can simply go to the Keplr extension to claim them.
Juno is a fair-launch and interoperable smart contract network launching as a Hub in the Cosmos ecosystem. The goal of Juno is to relieve the computation burden of smart contracts from the Cosmos Hub itself, so the Cosmos Hub can specialise in core activities that strengthen the wider Cosmos ecosystem, such as security. Juno Hub acts as an alternate network that developers can use to develop smart contracts that are programmed in either Rust or Go, and then compiled to CosmWASM. A core element of Juno is the interoperability aspect, whereby developers can be guaranteed that any smart contract they develop in Juno can be ported to any other IBC-compatible Cosmos network.
In many ways, Juno enables Cosmos Hub to remain credibly neutral whilst mitigating typical L1 obstacles such as network congestion and high gas fees. Juno also shares a similar set of stakeholders to Cosmos, so much so that it has decided to airdrop 47% of the token supply to ATOM holders. The airdrop aligns incentives with builders to entice them to develop secure smart contracts on Juno and be rewarded for it.
Juno is built using Cosmos SDK. Users can delegate their $JUNO to Chorus One using a wallet, such as Keplr.
Validating Rights: The weight of validators is determined by the amount of staking tokens ($JUNO) bonded and/or delegated as collateral.
JUNO Inflation: 40% annual inflation in year 1 descending to 8% annual inflation to year 5. Descending to 1% in years 5–12.
Reward Rate: Rewards from staking JUNO will vary depending on the inflation and total amount of tokens that are staked at a given time. Learn more about the details of staking reward rates for chains built using Cosmos SDK here.
Chorus Commission: 8%
Withdrawal Delay: After withdrawing, your staked funds will only become accessible after the unbonding period (usually 21 days) has passed.
Slashing: You can get slashed (loss funds) in case the validator you are delegated to commits an offense. Make sure to do due diligence to minimize this risk.
Compounding Returns: You need to withdraw rewards and re-stake them with some frequency if you want to make use of compounding returns.
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