AVAX $21.82
-2.24%
BNB $598.92
-4.91%
ADA $0.63
-8.79%
CELO $0.39
-1.41%
ATOM $4.50
-3.43%
MINA $0.31
-0.89%
DOT $4.81
-1.23%
MATIC $0.27
-2.89%
SOL $134.32
-6.88%
XTZ $0.75
-4.42%
AVAX $21.82
-2.24%
BNB $598.92
-4.91%
ADA $0.63
-8.79%
CELO $0.39
-1.41%
ATOM $4.50
-3.43%
MINA $0.31
-0.89%
DOT $4.81
-1.23%
MATIC $0.27
-2.89%
SOL $134.32
-6.88%
XTZ $0.75
-4.42%
AVAX $21.82
-2.24%
BNB $598.92
-4.91%
ADA $0.63
-8.79%
CELO $0.39
-1.41%
ATOM $4.50
-3.43%
MINA $0.31
-0.89%
DOT $4.81
-1.23%
MATIC $0.27
-2.89%
SOL $134.32
-6.88%
XTZ $0.75
-4.42%
How to stake on

Polkadot (DOT)

Polkadot

Step 1 - Download the Polkadot JS extension

  • Website: https://polkadot.js.org/
  • Navigate to the mentioned URL and locate the download button or link for the Polkadot JS browser extension.

Step 2 - Access the Polkadot wallet

Once downloaded and installed, launch the Polkadot JS browser extension.

Step 3 - Set Up Your Wallet

  • Option A: If you already have an existing wallet, select either the Import or Restore account option.
  • Option B: To create a new wallet:
    • Choose a robust and unique password for your new wallet.
    • Ensure you store this password securely—consider using a password manager or writing it down and keeping it in a safe place.
    • Verify your password by entering the passphrase when prompted. This step confirms you've noted down the passphrase correctly.

Step 4 - Connect to Polkadot's Staking Dashboard

Step 5 - Confirm Connection

  • A popup from the Polkadot JS extension will appear requesting authorization.
  • Confirm and validate the connection.

Step 6-1 - Delegating to a Pool (for less than 250 DOT tokens)

  • From the left menu, select "Pool."
  • Click on "All pools" to view available options.
  • Choose a pool and click "Join."
  • Decide on the amount of DOT tokens you'd like to delegate, then hit "Submit."
  • Confirm the transaction via the Polkadot JS extension.

Step 6-2 - Nominating Validators (for 250 DOT tokens or more)

  • Choose "Nominate" from the left menu.
  • Click "Start Nominating" and decide on your rewards destination.
  • From the provided list, select your preferred set of validators.
  • Confirm the nomination transaction.