Nova Wallet Wiki

Polkadot & Kusama

How to stake your DOT and KSM tokens.
Please note that the minimum stake for DOT is tending to increase over time. Unless you are staking far more than the minimum amount, we would strongly reccomend that you stake via nomination pools - otherwise your stake may become inactive.
There are currently 2 main ways to stake DOT or KSM tokens - self nomination, or via a Nomination Pool.
A supporting article about Nomination Pools can be found here.

Self Nomination

  1. 1.
    Open the Nova Wallet Application.
  2. 2.
    Select "Staking".
  1. 3.
    Select your desired network, and then Select "Start Staking". Note: Pay attention to information such as the unbonding period
  1. 4.
    Input the amount of tokens that you wish to stake and Select how you would like your rewards to be distributed, thenSelect continue.
  1. 5.
    Select recommended validators, or Select validators by yourself.
  1. 6.
    Select "Continue".
  1. 7.
    Review your staking configuration, and Select "Confirm".

Nomination Pool

Staking via a Nomination Pool is currently slightly more complicated to explain, so we have created a video for you.
Note: You only start to earn rewards in the era after you join a nomination pool. An era for Polkadot is 1 day.
More information about DOT & KSM staking can be found in the Staking FAQ page.