How to stake your tokens

Users who wish to take part in consensus without running a validator, can delegate their tokens with an already running validator. Here we will describe different ways to manage your delegation to another validator.

Unbonding Period

We should mention that if you decide to delegate (i.e stake) your tokens, your tokens will be locked, and after you decide to undelegate them, they will be available to you after the unbonding period (currently 7 days).

Redelegation

You can also Redelegate your tokens from one validator to another validator (i.e switch validator) and It will not be subject to Unbonding period for the first redelegation. If you wish to redelegate those tokens again, you have to wait for the unbonding period.

Leap Wallet

Here is the step-by-step guide to manage your delegation with Leap wallet.

Install Leap Wallet

1. Install leap wallet via this link. The supported platforms are
   • Android
   • iOS
   • Web Extension
   • Web Dashboard
2. Create a new wallet or import an existing one. you should see your address and funds in the home section.
3. In the settings navbar, make sure you are connecting to the correct network, use mainnet if you want to deal with real tokens, or testnet if you are only intending to test things.
4. In the top right corner, there is a button to choose different chains. By default it is on Cosmos Hub. Change it to Coreum chain.

How to Stake

1. Go to stake tab from the bottom navigator
2. Click on stake button
3. Choose the validator you want to stake to
4. Choose the amount you want to stake to that validator
5. Click Preview, make sure that everything is as you intended
6. Click on stake button to send the transaction
7. Now in the stake tab, you can see the amount you staked with that validator in the stake section.

How to Unstake

1. Go to stake tab from the bottom navigator
2. you will see the list of validators you have staked with, and the corresponding amount, click on the one you intend to undelegate from.
3. Click Unstake and enter the amount you want to undelegate from the validator.
4. Click Review and make sure that everything is as you intend.
5. Click Unstake
6. Now in the stake tab, you can see the amount you staked with that validator is either decreased or completely removed if you have undelegated all your tokens.

How to Claim your rewards

1. Go to stake tab from the bottom navigator
2. You will see your outstanding rewards in Your Rewards section.
3. Click the Claim button
4. It will open a review page, then click Claim Rewards