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How to Stake

On this page, you can find instructions on how to stake FET, remove your stake, and claim your staking rewards.

To Stake

  1. Ensure you are logged into your Fetch wallet.
  2. On the wallet dashboard, select Stake. You should be redirected to the ledger browser. Here you will find a list of every active validator with whom you can stake your FETs. You can also see the amount of FET staked to each validator and their commission rates.

    Info

    The validators on this page are ordered according to the number of FETs delegated to them and not their reputation or benefits. See choosing a validator for more details.

  3. Connect your wallet, if it is not yet connected, by pressing Connect Wallet at the top right. Wallet extension web version

  4. Choose a validator to stake your FETs with and hit Stake.

    Tip

    To see details of any validator, such as their voting power, self-bonded rate, uptime, active/inactive status at any given time, and contact information, head over to this page. For a visualization of the validators' voting power (more is NOT better) check out this page.

  5. In the pop-up, select the amount of FETs you want to delegate to this validator and press Stake.

    Tip

    Don't forget to leave some FETs undelegated, as some amount is necessary to pay for transaction fees when submitting any transaction to the main network. The fee is very minimal, but it is still important to make sure you have some FETs to pay for it.

  6. Your Fetch Wallet shows you a summary of the transaction. Review it, select a transaction fee, and if you are happy, hit Approve to complete the operation.

To Claim your Rewards

Using the Fetch Wallet

  1. Ensure you are logged into your Fetch wallet.
  2. From the wallet dashboard select Claim.

    Info

    This will claim the total rewards accrued for your stakes across every validator.

  3. The wallet shows you a summary of the transaction. Review it, select a transaction fee, and if you are happy, hit Approve to complete the operation.

You should now see the rewards added to your Total Balance.

Using the Staking dashboard

  1. Go to the ledger browser page.
  2. Connect your wallet, if it is not yet connected, by pressing Connect Wallet at the top right. Wallet extension web version
  3. Click on your wallet address at the top right of the page to go to your staking dashboard.
  4. In the Rewards section, click Claim Rewards for any validator to withdraw the rewards from your stakes with this particular validator.
  5. The wallet shows you a summary of the transaction. Review it, select a transaction fee, and if you are happy, hit Approve to complete the operation.

You should now see the rewards added to your Total Balance.

Info

Rewards are paid on a per-block basis and added to the existing pending rewards.

To Remove your Stake

  1. Go to the ledger browser page.
  2. Connect your wallet, if it is not yet connected, by pressing Connect Wallet at the top right. Wallet extension web version
  3. Click on your wallet address at the top right of the page to go to your staking dashboard.
  4. In the Delegations section, click Remove Stake for the validator you wish to remove your stakes from.
  5. In the pop-up, enter the amount of FETs you wish to remove from your stakes with this validator and click Remove Stake.
  6. The wallet shows you a summary of the transaction. Review it, select a transaction fee, and if you are happy, hit Approve to complete the operation.

Info

When you remove your stake, there is an unbonding (also known as, cooldown) period of 21 days. In your staking dashboard, the Unbonding Delegations section shows you the stakes you have removed which are now in the unbonding period. You can also see the amount of FET unbonded and the number of days remaining from the unbonding period. This is how long you need to wait before being able to withdraw the funds to your wallet.

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