How to Stake KAVA
1. Navigate to https://wallet.keplr.app/
2. Click the Search Chains field and type KAVA
3. Click KAVA
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, enter the number of KAVA tokens you want to stake
9. Click Stake
10. Approve the Keplr wallet transaction pop-up
11. Congratulations! Your KAVA tokens have been staked
Kava Staking FAQ
How much can I make staking KAVA?
The return from staking KAVA varies based on the network's overall staking participation, real yield, and specific validator commission.
How do I receive my KAVA rewards?
KAVA rewards need to be claimed. Visit the Keplr dashboard to claim your staking rewards
When can I start earning rewards with KAVA?
You can start earning staking rewards once your tokens are successfully delegated to a validator
Can I sell KAVA while it is locked up?
Staked KAVA tokens cannot be sold, they need to be unstaked first. The unstaking period for KAVA is 21 days.
What are the risks around staking KAVA?
Staking KAVA comes with risks like slashing (penalty for the validator), price volatility, and liquidity risk (inability to sell during the lock-up period).
What consensus algorithm does Kava use?
Kava uses a decentralized Proof of Stake (PoS) consensus algorithm.
What are the tokenomics of KAVA?
Read all about KAVA tokenomics here
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