3 min read

KAVA — How to Stake $KAVA Tokens with Luganodes

KAVA Staking Guide

Cover Image

Published on

3 July, 2023

Introduction:

Kava Network is a groundbreaking Layer-1 blockchain that combines the best of Ethereum and Cosmos SDK.

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

Validator Details:

Validator Name: Luganodes

Operator Address: kavavaloper1zw8ce44kdqzfu0r2t9qwr75gqdcarclf9fj9lt

Blockchain Explorer Link for the Validator: https://www.mintscan.io/kava/validators/kavavaloper1zw8ce44kdqzfu0r2t9qwr75gqdcarclf9fj9lt

Unbonding Period:

  • Unbonding period is a timeframe in which the funds are locked when you unstake them
  • The unbonding period on KAVA chain is 21-days, after which you can finalize the withdrawal, and the undelegated amount will be transferred to your available balance.

Step-by-Step Staking Guide:

*In this guide we’ll be using Keplr Dashboard to stake $KAVA tokens

Step 1 — Set up your Keplr Wallet

  • Head over to the official Keplr Wallet site to download the wallet

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  • Once you’ve installed and set up your wallet, add $KAVA tokens to it and head over to the Keplr Dashboard

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Step 2— Select KAVA chain

  • Once you’re on the Keplr Dashboard, head over to Chains 5_T_iV91LPHs4aC6KZBXLvRQ.webp

  • Search for KAVA and select the chain

6_T_iV91LPHs4aC6KZBXLvRQ.webp Step 3— Select your Validator

  • Once you’ve selected KAVA chain, under staking search for Luganodes

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  • Select Delegate

8_cJvA4_vqLtlc1GX5Oh73Qg.webp Step 4— Select the amount of tokens you want to stake and confirm the transaction

  • Once you’ve selected your Validator, enter the amount of tokens you want to delegate

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  • Approve the transaction

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

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Step-by-Step Unstaking Guide:

Please note that Unbonding period on KAVA chain is 21 days and your assets won’t be generating any rewards during that time

Step 1 — Log in to your Keplr Wallet

  • Log in to your Keplr Wallet and head over to the Keplr dashboard you used during the staking process above

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  • Here you can see your validator details and staked amount, select the validator you want to unstake your KAVA tokens from

13_D-mfXA7v4aV__SUohc6srw.webp Step 2— Unstake your assets

  • Enter the amount of tokens you want to unstake/undelegate

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  • Approve the transaction

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  • Once you’ve confirmed the transaction, you can see you assets in the Pending unstake which you can withdraw/claim after the unbonding period is over 16_3N896TlkeTaGgXfjuwd22w.webp

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 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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