Step-by-Step Guide: Staking Celestia Tokens with Validatus via Kepler & Leap Wallet
Staking Celestia tokens (TIA) with a validator is a straightforward process that allows you to actively participate in the network and earn rewards. Here’s a step-by-step guide to help you get started using either Kepler or Leap wallet.
- Understand Celestia Staking: Before diving in, familiarize yourself with how Celestia’s proof-of-stake consensus mechanism works. Staking involves locking up your tokens to support network operations and, in return, you receive additional tokens as rewards.
- Get Celestia Tokens: Ensure you have a sufficient amount of Celestia tokens in your wallet. If you don’t have any, you can acquire them through exchanges or other legitimate DEX sources like Osmosis, Uniswap and CEX sources like Binance, KuCoin.
Easy steps on how to Swap OSMO to TIA on Osmosis using Leap Wallet:
- Go to your Leap wallet Dashboard and click Swap.
- Choose the amount of OSMO you want to swap, choose also the token you want to swap to, (Select token) which is TIA.
- Review Swap then click on swap to swap OSMO to TIA.
Easy steps on how to Buy TIA on Binance:
- Navigate to the trading section on your Binance account once your account is funded, go to the “Trade” or “Markets” section on the Binance platform.
- Choose the trading pair by selecting the trading pair you’re interested in (TIA).
- Place a buy order by choosing the type of order you want to place (market order: will buy the token at the current market price, or limit order: which allows you to set a specific price at which you want to buy the token).
- Set quantity by specifying the quantity of the token you want to purchase.
- Review order by double-checking your order details, ensuring that everything is accurate.
- Place Order by confirming your order
- Monitor Your Orders by keeping an eye on your order status in the “Open Orders” section. Once your order is fulfilled, you’ll see it in the “Order History” section.
- Withdraw your token to your external wallet by going to the “Withdraw” section.
3. Connect your Wallet: Connect your wallet to the Celestia network. Ensure either of the two (Kepler or leap wallet) is funded with the TIA tokens.
4. Delegate Your Tokens: Once your wallet is connected, locate the staking or delegation section. Choose the option to delegate your TIA tokens and select your chosen validator. Follow the on-screen instructions to complete the delegation process.
5. Confirm Transaction: Review your staking details, including the validator chosen and the staking amount. Confirm the transaction through your wallet, and wait for the network to process your delegation.
6. Monitor Your Staked Tokens: Keep an eye on your staked tokens and the performance of the validator. Many platforms provide dashboards where you can track your staking rewards, total staked amount, and other relevant metrics.
7. Withdraw or Re-delegate: If you decide to unstake your tokens or change your validator, most platforms allow you to withdraw or re-delegate. Be aware that there might be a waiting period before you can access your tokens again.
8. Stay Informed: Stay informed about any updates, changes, or new features related to Celestia staking. Follow official channels, community forums, or newsletters to ensure you’re aware of the latest developments.
Remember that staking always involves some level of risk, so it’s crucial to conduct thorough research and stay informed throughout the process. Happy staking!
