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