This is a quick and easy guide on staking Lava with Stakin, via Keplr wallet.
Lava is a modular network of node operators that dynamically supports and scales in-demand chains and APIs. The protocol seamlessly sends your requests to the best available node. The first service module on Lava is RPC, available across 30+ chains, including Ethereum, Near, Optimism, Avalanche, Axelar, and Solana.
With Lava, data consumers get easy, fast, and reliable access to 30+ chains. The protocol incentivizes providers to offer performant services and algorithmically pairs consumers with the best node available. This means you can add any chain's RPC module to Lava, and the network of node operators will optimize, scale, and decentralize the traffic.
Keplr is an open-source web app, mobile application, and browser extension wallet that supports the Cosmos interchain ecosystem.
If you already have Keplr Wallet configured with LAVA tokens on it, you can jump right into Step 4 of this tutorial.
Step 1 - Connect your Keplr wallet with the Lava blockchain
Ensure you are logged in to your Keplr wallet (this assumes you already have a Keplr wallet account. If you don't have a Keplr wallet account yet, you can download Keplr wallet from keplr.app and then follow this quick and easy tutorial on how to set up your Keplr wallet account).
- Go to: https://chains.keplr.app/
- Click on the “Add to Keplr” button, and make sure to choose Lava, not the Lava Testnet.
- A Keplr wallet popup will prompt you to Approve the connection. Click “Approve.” Once added, you will see this.
Your Keplr wallet account is now connected to Lava.
Step 2 - Manage Lava’s visibility on Keplr
In the previous step, you connected Keplr with Lava, but you still need to make it visible inside your Keplr wallet dashboard.
- Click on the burger menu in the top left corner.
- Click on “Manage Chain Visibility.”
Type ‘lava’ in the Select Chains search box, then select Lava and then click “Save.”
Lava will now be visible on your Keplr wallet’s dashboard page.
Step 3 - Top up your Keplr wallet with LAVA tokens
You have connected your Keplr wallet with the Lava blockchain and then configured its visibility on the Keplr wallet’s dashboard page. It is time to top up your Keplr wallet with LAVA tokens
- Click the Keplr wallet browser extension icon, which will take you to Keplr’s dashboard page.
- Type "lava" in the Search textbox, then click on Lava
- Copy your Lava wallet address and use it to transfer LAVA tokens to your Keplr wallet account from a centralized or decentralized exchange of your choosing.
Step 4 - Stake your LAVA tokens
Head to https://lava-explorer.w3coins.io/Lava/staking
Click on the “Connect wallet” icon in the top right corner of the page, then click the “Connect wallet” button.
Choose Keplr from the list of suggested wallets and approve the connection.
Next, locate Stakin from the list of supported validators. The easiest way is to use the CTRL + F function. Once you have located Stakin from the list of validators, click the Delegate button as shown below:
Insert the preferred amount of LAVA you wish to stake, then click the “Send” button.
Click on "Approve", to confirm the staking transaction in your Keplr wallet.
Congratulations, you have now staked your LAVA tokens with Stakin!
DISCLAIMER: This is not financial advice. Staking and cryptocurrency investment involve a certain degree of risk, and there is always the possibility of loss, including the loss of all staked digital assets. Additionally, delegators are at risk of slashing in case of security or liveness faults on some Proof-of-Stake protocols. We advise you to conduct your own due diligence before choosing a validator.