This is a quick and easy guide to stake NIBI with Keplr wallet.
Nibiru is a sovereign open-source proof-of-stake blockchain platform built on the Cosmos SDK and connected with the IBC-compatible Cosmos ecosystem. Nibiru combines leveraged derivatives trading, spot trading, staking, and bonded liquidity provision into a unified user experience.
Keplr is an open-source web app, mobile application, and browser extension wallet that supports the Cosmos interchain ecosystem.
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Step 1 - Stake your NIBI tokens
Go to app.nibiru.fi/stake
Then click on “Connect wallet” on the top right corner
From the list of suggested wallets in the newly opened pop-up window, select Keplr.
From the newly opened pop-up window, insert your Keplr wallet’s password.
This assumes you already have a Keplr wallet account. If not, 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.
Next, you will be prompted to add Nibiru Chain on Keplr wallet. Click “Approve.”
You are almost ready to stake your NIBI tokens (assuming you have already topped up your Keplr wallet with NIBI tokens from a centralized or a decentralized exchange). But first, you need to choose a validator. Click on the “Validator” search box and type “Stakin”. Then select Stakin from the drop-down list as shown below:
Click “Stake” to continue. On the next screen you will be prompted to specify the amount of NIBI you wish to stake. Insert the figure and again click “Stake.”
A Keplr wallet popup will appear, prompting you to sign the transaction. Click “Approve” to sign and confirm the transaction.
Congratulations - You’ve staked your NIBI tokens with Stakin and will start accruing rewards from Nibiru’s network inflation. You can check your accrued rewards under the Stake tab on app.nibiru.fi.
If you don’t see any claimable tokens yet, don’t worry; it will take some time for the rewards to accumulate. For Nibiru, the rewards are distributed with every block, roughly every 1.4 seconds.
Step 2 - Claim your staking rewards
Once you have some rewards accumulated on your account, you can click “Claim.” Then, a pop-up appears, giving you two options. Either to “Claim & Stake All” or simply “Claim All”. To compound your rewards with the same validator, choose the first option to grow your staked token amount and increase your future rewards. Approve the transaction to continue.
Why staking your NIBI tokens with Stakin
- Network expertise. Stakin has been running on Nibiru since early testnets and has been selected as an early Mainnet genesis partner. We are highly experienced in running validators for Cosmos SDK blockchains and Proof-of-Stake blockchains alike, currently supporting 20+ Cosmos networks.
- Enterprise-grade staking services. We distribute our servers across various locations and partner with premier bare metal and cloud providers. We also provide Institutional-grade SLAs with uptime and slashing guarantees.
- You contribute to decentralization. By delegating to Stakin, you contribute to network decentralization by choosing a smaller validator.
Nibiru staking for institutional investors
As an institutional-grade Nibiru node operator, Stakin has a full range of staking services and advantages to cater to the needs of enterprises and investors, such as asset managers, company treasuries, exchanges, VCs and hedge funds, wallets, custodians, and liquid staking services (To get the full preview of our institutional staking services, visit our Nibiru staking for institutional investors page), which includes:
- Institutional grade SLAs with 99.5%+ uptime guarantees for both validator and oracle operations and slashing guarantees
- Integration with custodians, such as Fireblocks (via raw signing)
- Information about potential airdrops that you may be eligible for by staking with us so that stakers can maximize your staking yield
- Custom integrations and solutions such as custom performance reporting via API or CSV with the possibility to match your backend requirements
- Automated commission and reward management with clear reporting
- 24/7 monitoring and alerting with a private dashboard for dedicated and Whitelabel nodes
DISCLAIMER: This is not financial advice. Staking, delegation, and cryptocurrencies involve a high degree of risk, and there is always the possibility of loss, including the failure of all staked digital assets. Additionally, delegators are at risk of slashing in case of security or liveness faults on some protocols. We advise you to do your due diligence before choosing a validator.
