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Ternoa (CAPS) Staking
How to stake your CAPS tokens using Nova Wallet!
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 Ternoa protocol to stake directly. Nova Wallet does not provide you with any staking services such as how a CEX may do.
Parameter | Information |
|---|---|
Minimum Stake | 0.15 CAPS* |
Unstaking Period | ~28 Days |
Rewards Payout | Rewards accrue daily and are added to your staked balance.** |
Governance Participation | Staked CAPS can be used to participate in Governance on the Ternoa protocol. |
*Some Validators may require you to stake an amount which is above the minimum network stake of 0.15 CAPS.
**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.
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- 1.Open the Nova Wallet application.
- 2.
Selectthe Staking screen. - 3.
SelectTernoa. - 4.Review the staking information presented to you.
- 5.Once you have understood the terms
selectthe Start Staking button. - 6.
Inputthe amount of CAPS tokens that you wish to stake and thenselectcontinue. Note: recommended validators are selected by default. - 7.Review all of the contextual information provided and
SelectConfirm. - 8.Your staking position will now be displayed on the Staking screen within Nova Wallet.
Last modified 2mo ago