2 min read

AVAIL — How to Stake $AVAIL Tokens with Luganodes

AVAIL Staking Guide

Cover Image

Published on

22 July, 2024

Introduction:

Avail aims to accelerate the unification of Web3 using its cutting edge modular technology stack that combines data availability, aggregation, and shared security.

In this guide, we’ll show you how to delegate your AVAIL tokens with Luganodes and start earning rewards in a few simple steps.

Validator Details:

Validator Name: Luganodes

Operator Address: 5Fuedf79TqB6mMWzhu8aazzfPX1mawedb7rLuHpv6iYK2Z6c

Blockchain Explorer Link: https://explorer.avail.so/

Step-by-Step Staking Guide:

In this guide we’ll be using the Avail Block Explorer to stake AVAIL tokens

Step 1 — Create an Account

  • On the Avail Block Explorer Home Page click on “Accounts” then click on the +Accounts button and follow the required steps to create an account

1 (1).png

Step 2 — Bond your AVAIL tokens

  • Once you have completed creating an account head over to the Staking section by hovering over “Network” and clicking on “Staking” in the drop-down menu.

2.png

  • On the Staking section click on “Accounts”

3.png

  • Click on “+ Stash”

4 .png

  • Enter the amount of AVAIL tokens you wish to stake while making sure that you have enough AVAIL tokens left in your account to cover transaction fees. Select your preferred payment destination to receive your rewards then click on “Bond”

5.png

  • Unlock the sending account by entering it’s password and the click on “Sign and Submit” to authorize your transaction

6.png

  • Once completed the stash should appear on the screen under the “Stashed” section

7.png

Step 3 — Nominate Validators

  • Once you have completed the above steps, click on “Nominate” next to the Stash that you have just made.

8.png

  • In the opened window, you can select up to 16 validators to stake with. If you wish to nominate us, simply search for 'luganodes' and choose our validators from the list.

9.png

  • Once you have selected the validators you wish to stake with click on “Nominate”

10.png

  • Once you’ve approved the transaction, you can see your staked tokens and your nominated validator details on the dashboard

Screenshot 2024-07-23 at 6.14.59 PM.png

About Luganodes

Luganodes is a world-class, Swiss-operated, non-custodial blockchain infrastructure provider that has rapidly gained recognition in the industry for offering institutional-grade services. It was born out of the Lugano Plan B Program, an initiative driven by Tether and the City of Lugano. Luganodes maintains an exceptional 99.9% uptime with round-the-clock monitoring by SRE experts. With support for 45+ PoS networks, it ranks among the top validators on Polygon, Polkadot, Sui, and Tron. Luganodes prioritizes security and compliance, holding the distinction of being one of the first staking providers to adhere to all SOC 2 Type II, GDPR, and ISO 27001 standards as well as offering Chainproof insurance to institutional clients.

Line pattern
© 2024 Luganodes | All rights reserved