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