How to Stake NLS
1. Navigate to https://ping.pub/nolus
2. Click the Wallet icon and click Connect Wallet
3. Click Keplr
4. Click Connect
5. Click Staking
6. Click Coinage x DAIC
7. Click Delegate
8. Click the Amount field, enter the number of NLS tokens you want to stake and Click Stake
9. Click Send
10. Approve the Keplr wallet transaction pop-up
11. Congratulations! Your NLS tokens have been staked
Nolus (NLS) Staking FAQ
How much can I make staking NLS?
The return from staking NLS varies based on the network's overall staking participation, real yield, and specific validator commission
How do I receive my NLS rewards?
NLS rewards need to be claimed. Visit the Ping Pub dashboard to claim your staking rewards
When can I start earning rewards with NLS?
You can start earning staking rewards once your tokens are successfully delegated to a validator
Can I sell NLS while it is locked up?
Staked NLS tokens cannot be sold, they need to be unstaked first. The unstaking period for NLS is 21 days
What are the risks around staking NLS?
Staking NLS 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 Nolus use?
Nolus is a blockchain built using Cosmos SDK and Tendermint
What are the tokenomics of NLS?
Read all about NLS tokenomics here
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