🙋Direct Staking
How to stake your KSM via Direct Staking!
Last updated
How to stake your KSM via Direct Staking!
Last updated
Minimum Stake
~0.1 KSM*
Unstaking Period
~7 Days.
Rewards Payout
Rewards accrue daily and are added to your staked balance.**
Governance Participation
Staked KSM can be used to participate in Governance on the Kusama protocol.
*Some Validators may require you to stake an amount which is above the minimum network stake of 0.1 KSM.
**It is possible to modify your rewards payout so that your staking rewards are sent to you as a transferable balance and are not restaked / compounded.
Open the Nova Wallet application.
Select
the Staking screen.
Select
Kusama.
Review the staking information presented to you.
Once you have understood the terms select
the Start Staking button.
Input
the amount of KSM tokens that you wish to stake and then select
continue. Note: recommended validators are selected by default.
Review all of the contextual information provided and Select
Confirm.
Your staking position will now be displayed on the Staking screen within Nova Wallet.