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.
- 1.Open the Nova Wallet Application.
Selectyour desired network, and then
Select"Start Staking". Note: Pay attention to information such as the unbonding period
Inputthe amount of tokens that you wish to stake and
Selecthow you would like your rewards to be distributed, then
Selectrecommended validators, or
Selectvalidators by yourself.
- 7.Review your staking configuration, and
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.