Staking WAL tokens with Luganodes

Introduction

Welcome to the $WAL staking guide! In this guide, we'll show you how to stake your $WAL tokens using the Walrus Protocol staking interface and support the decentralized storage ecosystem. Luganodes, as a trusted validator, ensures high security, decentralization, and stability within the Walrus network.

Validator Details:

• Explorer Link: Luganodes Validator

Important Notes:

• Rewards are credited at the end of each epoch.
• Rewards can be redeemed at any time.
• If you stake after half the epoch has passed, your stake will reflect after two epochs.
• Similarly, for unstaking, if you unstake before the half-epoch mark, the funds will be credited in the next epoch. If unstaked after the half-epoch has passed, it will reflect after two epochs.
• There is no fixed lockup period; however, frequently moving your stake will incur a penalty fee.

Step-by-Step Staking Process

Step 1: Access the Walrus Staking Interface

• Head over to the Walrus Staking Dashboard.

• On the homepage, click on "Connect Wallet".

Step 2: Connect Your Wallet

• Choose your preferred wallet. In this guide, we will be using the Sui Wallet for staking.

• Follow the on-screen instructions to connect your wallet to the interface.

Step 3: Find Luganodes as Your Validator

• Scroll to the section with the list of node operators.

• Use CTRL+F to quickly search for Luganodes.

• You can click on the side arrow next to Luganodes for more information about the validator.

Step 4: Stake $WAL

• Click on “Stake” next to Luganodes to begin staking.

• You will be redirected to the staking option on the screen.

• Select the amount of $WAL you wish to stake.

Step 5: Confirm the Transaction

• After selecting the amount, click on “Stake” to initiate the transaction.

• Approve the transaction in your wallet by following the prompts.

Step 6: Track Your Staked $WAL

• Once the transaction is complete, you can see your staked $WAL and other details in your dashboard.

Conclusion

Congratulations! You’ve successfully staked your $WAL tokens with Luganodes as your validator. Your stake supports the decentralization and security of the Walrus Protocol, and you can track your rewards through the staking dashboard.

For any questions or support, feel free to reach out!

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.

The information herein is for general informational purposes only and does not constitute legal, business, tax, professional, financial, or investment advice. No warranties are made regarding its accuracy, correctness, completeness, or reliability. Luganodes and its affiliates disclaim all liability for any losses or damages arising from reliance on this information. Luganodes is not obligated to update or amend any content. Use of this at your own risk. For any advice, please consult a qualified professional.