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Staking your coin

Before Aura holders start staking process, they have to connect wallet successfully.

I. Delegate to a validator

After selecting a trusted validator, Aura holders start delegating with an amount of Aura assets and paying a transaction fee for the delegation transaction.

Please click Delegate your trusted validator.

Validators

Note

Please type in the delegation amount yourself and remember to leave some Aura for paying the transaction fee.

Validators

You have to sign transaction and pay the transaction fee on the wallet provider you have connected before.

Sign transaction

After the transaction have been executed successfully, delegation will be shown at the top of Validators page and Stake section in My account details.

Delegate successfully

Delegations

II. Claim staking rewards

Each member of staked Aura holders earn different types of revenue:

  • Block rewards are distributed proportionally to all validators and their delegators relative to their voting power. Aura holders that do not stake do not receive rewards.
  • Transaction fees

Delegators can get their rewards by sending a claim reward transaction, then the rewards will be sent to Aura holder's wallet automatically.

Claim reward

You have to sign transaction and pay the transaction fee on the wallet provider you have connected before.

Sign transaction

III. Undelegate a validator

Staking will lock your funds for 2 days, so you will need to undelegate in order for your staked assets to be liquid again. This process will take 2 days to complete. Once the unbonding period begins you will:

  • not receive staking rewards
  • not be able to cancel the unbonding
  • need to wait 2 days for the amount to be liquid

Please click Manage button, a pop up will show up, click on Select Action and choose Undelegate from the dropdown list. A popup will show up with information about validator, unbonding period.

Undelegate a validator

You have to sign transaction and pay the transaction fee on the wallet provider you have connected before.

Sign transaction

After the transaction have been executed successfully, unbondings will be shown at the top of Validators page and Unbondings of Stake section in My account details.

Unbondings

IV. Redelegate to another validator

After staking to a validator successully, you want to switch to other validators, please choose Redelegate to instantly stake your assets to another validator.

Redelegate to another validator

You have to sign transaction and pay the transaction fee on the wallet provider you have connected before.

Sign transaction

After the transaction have been executed successfully, redelegation will be shown at the top of Validators page and Redelegations of Stake section in My account details.

Redelegations