How to Stake AKT
1. Navigate to https://wallet.keplr.app/chains
2. Click the Search Chains field and type Akash
3. Click Akash
4. Click Stake
5. Click the Search for validator field and type Coinage x DAIC
6. Click Coinage x DAIC
7. Click Stake
8. Click the Amount field and enter the number of AKT tokens you want to stake
9. Click Stake
10. Approve the Keplr wallet transaction pop-up
11. Congratulations! Your AKT tokens have been staked
Akash (AKT) Staking FAQ
How much can I make staking AKT?
The return from staking AKT varies based on the network's overall staking participation and specific validator commission
How do I receive my AKT rewards?
AKT rewards need to be claimed. Visit the Keplr dashboard to claim your staking rewards
When can I start earning rewards with AKT?
You can start earning staking rewards once your AKT tokens are successfully delegated to a validator
Can I sell AKT while it is locked up?
Staked AKT tokens cannot be sold, they need to be unstaked first. The unstaking period for AKT is 21 days
What are the risks around staking AKT?
Staking AKT comes with risks like slashing (penalty for a malicious validator), price volatility, and liquidity risk (inability to sell during the lock-up period).
What consensus algorithm does Akash use?
Decentralized proof of stake
What are the tokenomics of AKT?
Read all about AKT tokenomics here
The information provided by DAIC, including but not limited to research, analysis, data, or other content, is offered solely for informational purposes and does not constitute investment advice, financial advice, trading advice, or any other type of advice. DAIC does not recommend the purchase, sale, or holding of any cryptocurrency or other investment.
