The CryptoLab Blog

Theta Staking – Staking Process

Below is a step-by-step process to Delegate your Theta. If you’d like to watch the process done via a How to video, check it out here.

Staking through Web Wallet

Access the Theta Web Wallet from your desktop/laptop. Unlock your Theta wallet using your typical access method (keystore, seed phrase, hardware wallet, etc.).

Once your wallet is unlocked, click the “Stakes” tab of the menu and click “Deposit Stake”.

In the Guardian Node Holder (Summary) field, enter the text string from your Guardian Node app. Enter the Amount of THETA you want to stake to this node and click “Deposit Stake“. Note that you need to stake at least 10,000 THETA.

After reviewing your stake deposit info on the next screen, enter your wallet password, then click “Confirm & Deposit Stake“. After the stake deposit transaction is confirmed, you can switch back to the Guardian node to verify that it is working as expected. If you are not in control of your own Guardian, you can verify your staked about on the Theta Blockchain (URL to be added when released)

Important: If you stake from a Nano Ledger wallet, you’d need to navigate to the Ethereum app, and make sure that in the settings, “Contract data Allowed” and “Debug data NOT Displayed” are selected.

If you are not running your own Guardian Node, I’d recommend following What I’m Doing.

Staking through Mobile Wallet

Download the Theta Wallet app in the App Store / Play Store, or if already installed make sure you have upgraded to version 2.0.0 (iOS) / 2.0.0 (Android). Please make sure you have not stored your 12 word phrase on your phone.

Once your wallet is unlocked, click the “Stakes” tab at the bottom of the screen, then click “Deposit”.

In the Guardian Node Holder (Summary) field of the Theta Wallet app, click the QR code icon and use your device to scan the QR code from your Guardian Node app. If you are running the Theta node through the command line, you can also copy/paste the summary directly into this field.

Then in the Wallet app enter the amount of THETA you want to stake to your Guardian Node and click “Next“. Note that you need to stake at least 10,000 THETA. After the stake deposit transaction is confirmed, you can switch back to the Guardian node to verify that it is working as expected. If you are not in control of your own Guardian, you can verify your staked about on the Theta Blockchain.

If you are not running your own Guardian Node, I’d recommend following What I’m Doing.

Leave a comment

Other Posts You Might Enjoy