Polkadot Support (2024)

Start your staking journey or explore more information about staking on Polkadot's Home Page.Discover the new Staking Dashboard that makes staking much easier, and check ourextensive article listto help you get started.

‼️ IMPORTANT

Polkadot-JS UI is a web wallet meant for power users and developers. For everyday use, there are several user-friendly wallets funded by the Polkadot Treasury that support a plethora of features and platforms. Discover them on Polkadot's homepage.

Nominators help secure the network by bonding their DOT and selecting validators they deem trustworthy to produce blocks. If you want to learn more about the benefits and risks of being a nominator, you can check this article.

This article explains how to stake on Polkadot-JS UI. If you're interested in other options, check the last section of this article:
How else can I stake

TABLE OF CONTENTS

  • What to know before starting
  • How to stake using the Polkadot-JS UI
  • How else can I stake

What to know before starting

  • Nominating currently requires aminimum of 250 DOT staked funds on Polkadot (0.1 KSM on Kusama). Please ensure you are above that minimum, or you won't be able to nominate.
‼️ IMPORTANT

Not all nominators with over 250 DOT will get staking rewards. The minimum amount needed to earn rewards is dynamic and can be found on the Targets page on Polkadot-JS UI. Please refer to this referendum for details.

  • If you are staking above the dynamic minimumamount and still aren't receiving rewards, it's possible that your account needs to be re-adjusted by calling an extrinsic. This is due to the new bags-list feature. You can find instructions on how to fix this here.
  • If you don't have enough DOT to earn rewards, consider joining a nomination pool instead of staking solo.

How to stake using the Polkadot-JS UI

ℹ️ GOOD TO KNOW

Controller accounts are being deprecated. As a result, for new stashes the controller is automatically set to the stash account.
If you don't want to use your stash account often, you can create a staking proxy which can do all staking actions on its behalf. It has the same advantages as the controller, but even more flexibility.

Check out the article on creating a proxy account for more information.

You can nominate validators (also known as "staking") on Polkadot-JS UI using these steps:

1. Create a Polkadot account if you don't have one yet:

How to Create a Polkadot Account

2. "Navigate to Network" > "Staking" > "Accounts" page on Polkadot-JS UI:

Polkadot Support (1)

3. Click on the "+ Nominator" button on the top right.

4.Choose your Stash account from the drop-down menu.

5. Select the amount you want to bond. Make sure you leave a small amount of DOT transferrable in both the stash and the staking proxy. You'll need some transferrable funds to pay transaction fees when changing your nominations, bonding more, or unbonding.


6. Choose your reward destination. You can auto-compound your staking rewardsincreasing the amount at stake, or send them to the stash as a free balance, the controller (which will be the stash account itself), or any other account.

Polkadot Support (2)

⛔ READ THIS FIRST!

Make sure that you have at least 1 DOT in the account that you are directing your staking rewards to. If you receive rewards of less than 1 DOT and they are sent to an empty account, you will lose them. This has to do with the existential deposit on Polkadot.

7. Click "Next". Now, you need to select your validators. Please ensure you've read the article on choosing your validators.You can nominate up to 16 validators on Polkadot (and 24 on Kusama). Nominating more trustworthy validators increases your chance to earn rewards consistently.

8. Once you're done, click "Bond & Nominate." Review the transaction and click "Sign and submit" to finish the process.

If you are more of a visual learner, check the instructions in the video below:

How else can I stake

For most users, we recommend staking through the new Staking Dashboard. It's compatible with several browser extensions within the ecosystem, including the Polkadot browser extension, and is more user-friendly. To get started, check this article:

Staking Dashboard: How to Stake Your DOT

If you have a Ledger device, you can also stake using Ledger Live. You can follow the steps in this article to start staking:

Ledger: How to Use Polkadot and Stake DOT with Ledger Live

That's it! You will begin earning rewards in the next era or the one after that if you nominated during the last epoch.

Polkadot Support (2024)
Top Articles
The Charles Schwab Guide To Finances After Fifty
Auto loan interest rates by credit score, and what your rate means for your wallet
Hotels Near 6491 Peachtree Industrial Blvd
Netronline Taxes
Otterbrook Goldens
His Lost Lycan Luna Chapter 5
Delectable Birthday Dyes
Ucf Event Calendar
2135 Royalton Road Columbia Station Oh 44028
Miami Valley Hospital Central Scheduling
The Witcher 3 Wild Hunt: Map of important locations M19
Available Training - Acadis® Portal
Telegram Scat
Leader Times Obituaries Liberal Ks
Hellraiser III [1996] [R] - 5.8.6 | Parents' Guide & Review | Kids-In-Mind.com
Itziar Atienza Bikini
Watch The Lovely Bones Online Free 123Movies
The best firm mattress 2024, approved by sleep experts
Aps Day Spa Evesham
Lola Bunny R34 Gif
Menards Eau Claire Weekly Ad
Att.com/Myatt.
Ford F-350 Models Trim Levels and Packages
Dtlr Duke St
Stihl Dealer Albuquerque
Kitchen Exhaust Cleaning Companies Clearwater
Busted Mugshots Paducah Ky
Free T33N Leaks
Tomb Of The Mask Unblocked Games World
Kqelwaob
Star News Mugshots
Roch Hodech Nissan 2023
Walter King Tut Johnson Sentenced
Myhrconnect Kp
Tamil Play.com
New York Rangers Hfboards
Zasilacz Dell G3 15 3579
Indiana Jones 5 Showtimes Near Cinemark Stroud Mall And Xd
Amc.santa Anita
Strange World Showtimes Near Century Stadium 25 And Xd
How To Customise Mii QR Codes in Tomodachi Life?
Zipformsonline Plus Login
Joy Taylor Nip Slip
Abigail Cordova Murder
Identogo Manahawkin
Shannon Sharpe Pointing Gif
Brutus Bites Back Answer Key
Bluebird Valuation Appraiser Login
Overstock Comenity Login
Dumb Money Showtimes Near Regal Stonecrest At Piper Glen
Latest Posts
Article information

Author: Geoffrey Lueilwitz

Last Updated:

Views: 6103

Rating: 5 / 5 (60 voted)

Reviews: 91% of readers found this page helpful

Author information

Name: Geoffrey Lueilwitz

Birthday: 1997-03-23

Address: 74183 Thomas Course, Port Micheal, OK 55446-1529

Phone: +13408645881558

Job: Global Representative

Hobby: Sailing, Vehicle restoration, Rowing, Ghost hunting, Scrapbooking, Rugby, Board sports

Introduction: My name is Geoffrey Lueilwitz, I am a zealous, encouraging, sparkling, enchanting, graceful, faithful, nice person who loves writing and wants to share my knowledge and understanding with you.