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Radix — How to Stake $XRD Tokens with Luganodes
Radix Staking Guide
Published on12 Jan, 2023
Radix is a layer-1 blockchain platform that aims to provide high-performance infrastructure for decentralized finance (DeFi) applications with features such as proprietary programming language, Scrypto and cross-shard composability through Cerberus consensus mechanism.
In this guide, we’ll show you how to delegate your XRD tokens with Luganodes and start earning ~11.3% in a few simple steps.
Validator Name: Luganodes
Validator Address/ ID: rv1qde5vrlr3edvlfjgq36trmapgunmeru7ax92znndmwa0jywv5mtcj69d0yg
Blockchain Explorer Link for the Validator: https://explorer.radixdlt.com//#/validators/rv1qde5vrlr3edvlfjgq36trmapgunmeru7ax92znndmwa0jywv5mtcj69d0yg
*We’ll be staking XRD tokens using the Radix wallet mac app
Step 1 — Set up your Radix Wallet
Step 2 — Stake with luganodes
Step 3— Confirm the transaction and check your staked amount
Step 1 — Head over to Radix wallet and log in with the same credentials you used in the staking process above
Step 2— Initiate the Unstaking process
Step 3— Withdraw after the unbonding period (500 epochs, or between 1–3 weeks)
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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