# Moonriver (MOVR) Staking

{% hint style="info" %}
Nova Wallet is a non-custodial wallet where you alone remain in control of your assets via your private key/seed phrase. Nova Wallet directly connects you to the Moonriver protocol to stake directly. Nova Wallet does not provide you with any staking services such as how a CEX may do.
{% endhint %}

### MOVR Staking Information & Parameters

| Parameter                | Information                                                                     |
| ------------------------ | ------------------------------------------------------------------------------- |
| Minimum Stake            | 5 MOVR\*                                                                        |
| Unstaking Period         | \~2 Days                                                                        |
| Rewards Payout           | Rewards accrue every 6 hours and are added to your transferable balance.        |
| Governance Participation | Staked MOVR can be used to participate in Governance on the Moonriver protocol. |

\*Some Collators may require you to stake an amount which is above the minimum network stake of 5 MOVR.

### How to Stake MOVR Tokens

<div align="left"><figure><img src="https://2862319636-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1YRoR7fazGxiQsx9pH6m%2Fuploads%2F01D46rX1FI6137ufSpY2%2FStaking%20(MOVR).avif?alt=media&#x26;token=64a0d9d0-650a-4952-9cea-22c4330f0fa4" alt=""><figcaption></figcaption></figure></div>

1. Open the Nova Wallet application.
2. `Select` the **Staking** **screen**.
3. `Select` **Moonriver**.
4. Review the staking information presented to you.
5. Once you have understood the terms `select` the **Start** **Staking** **button**.
6. `Select` the Collator that you wish to stake with.
7. `Input` the amount of MOVR tokens that you wish to stake.&#x20;
8. Ensure that you review all of the contextual information and `select` **Continue**.
9. Once again, review all of the contextual information provided and `Select` **Confirm**.
10. Your staking position will now be displayed on the Staking screen within Nova Wallet.


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