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Ronin — How to Stake $RON Tokens with Luganodes

Ronin Staking Guide

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Published on

17 Apr, 2023

Introduction:

Ronin is an EVM-based sidechain created specifically for blockchain gaming by Sky Mavis — the company behind the popular blockchain game Axie Infinity. If you're here for information on the chain, we recommned you read our detailed blog - Exploring the Ronin Blockchain.

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

Validator Details:

Validator Name: Luganodes

Validator Address/ ID: 0x6aaabf51c5f6d2d93212cf7dad73d67afa0148d0

Blockchain Explorer Link for the Validator: https://app.roninchain.com/validator/ronin:6aaabf51c5f6d2d93212cf7dad73d67afa0148d0

Unbonding Period:

  • Unbonding period is a timeframe in which the funds are locked when you unstake
  • There is no unbonding period on Ronin, You can withdraw your stake at any time and without penalties as long as three days have passed since you last staked in to this validator.

Step-by-Step Guide:

Step 1 — Set up your Ronin Wallet

  • Download the Ronin Wallet extension for Chrome from here and set up your wallet

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Step 2— Go to Ron Staking

  • Head over to RON Staking dashboard and connect your Ronin wallet

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Step 3— Select Luganodes

  • Switch to All Validators

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  • Head over to the Today’s Validators section

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  • Look for Luganodes and Click on Delegate

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Step 4— Confirm transaction

  • Enter the amount of $RON tokens you want to delegate and click on delegate

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  • Confirm the transaction

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  • Wait for the transaction to go through and you have successfully delegated your $RON tokens with luganodes

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  • You can check your delegations under the My Staking section

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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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