Staking $JUNO on the Juno-Network by ChainTools

Chaintools Validator
3 min readNov 5, 2021

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Anyone can stake $JUNO the native utility asset of the Juno eco-system in a few simple steps.

Staking $JUNO requires the following:

  1. Download Keplr wallet.
  2. Create a new wallet + back up your wallet (Secure/write down your pass phrase)
  3. Buy mainnet $JUNO on Osmosis or alternatively Sifchain with $ATOM.

To stake/delegate your $JUNO, follow these steps:

  1. Transfer mainnet $JUNO to your Keplr wallet address (Make sure the wallet is backed up!)
  2. Choose a validator from one of the following listed on the network. We will be using Omniflix staking site for this example. (Make a delegation transaction to complete the delegation process as shown in the images bellow.)

Easy Staking/delegation steps (Keplr Wallet/Omniflix-Dashboard):

  1. Click “Connect” to enable web3 Keprl Wallet.

2. Click “Stake Tokens” then select your favourite validator.

3. Enter the amount you wish to stake/delegate. Leave 0.2 $JUNO in your available balance at all times to cover tx fees. Then click “STAKE” on the bottom of the window.

4. Confirm this transaction with the prompt from Keprl Wallet.

5. All done and if all is well you should see a “Staked successfully” notification.

6. Well done you have got there and you are now earning rewards claimable at anytime. Our advice is to compound interest this. Keep staking your rewards and they will surely build up over time. Juno at the time of writing offers 156% apr on staking. You can check the stats via BronBro grafana site here. Unonding period is 28 days which means if you unbond it wont accure any rewards for that period.

Good luck and thank you for staking with us !!! :)

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Chaintools Validator
Chaintools Validator

Written by Chaintools Validator

STAKE | LEARN | EARN Delegate to our validators and dive into blockchain technology with us.

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