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Concordium — How to Stake $CCD Tokens with Luganodes
Concordium Staking Guide
Published on15 Feb, 2023
Concordium is a Layer-1 Proof of Stake decentralized, permissionless, science-backed, and sustainable blockchain with an ID layer to ease regulatory compliance.
The fast and effective finality of transactions and low transaction fees, combined with the stability of CCD’s value in terms of EURO, makes Concordium an attractive option for various use cases.
In this guide, we’ll show you how to delegate your CCD tokens with Luganodes and start earning ~14% in a few simple steps.
Validator Name: Luganodes
Validator/ Baker ID: 87236
Blockchain Explorer Link for the Validator: https://ccdscan.io/nodes?dcount=1&dentity=node&did=Tm9kZVN0YXR1cwpkNDBmNDZkMzg2OTkyNjgyZg%253D%253D
*We’ll be staking CCD tokens using the Concordium IOS Mobile app
Step 1 — Set up your Concordium Wallet on your IOS app
Step 2 — Stake with luganodes
Step 3 — Confirm the transaction and check your staked amount
Step 1 — Head over to Concordium wallet and log in with the same credentials you used in the staking process above
Step 2 — Initiate the Unstaking process
Step 3 — Submit the transaction and withdraw after the unbonding period (14 days)
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 36+ 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.
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