Introduction:
Kava Network is a groundbreaking Layer-1 blockchain that combines the best of Ethereum and Cosmos SDK.
In this guide, we’ll show you how to delegate your $KAVA tokens with Luganodes and start earning rewards in a few simple steps.
Validator Details:
Validator Name: Luganodes
Operator Address: kavavaloper1zw8ce44kdqzfu0r2t9qwr75gqdcarclf9fj9lt
Blockchain Explorer Link for the Validator: https://www.mintscan.io/kava/validators/kavavaloper1zw8ce44kdqzfu0r2t9qwr75gqdcarclf9fj9lt
Unbonding Period:
- Unbonding period is a timeframe in which the funds are locked when you unstake
- The unbonding period on KAVA chain is 21-days, after which you can finalize the withdrawal, and the undelegated amount will be transferred to your available balance.
Step-by-Step Staking Guide:
*In this guide we’ll be using Keplr Dashboard to stake $KAVA tokens
Step 1 — Set up your Keplr Wallet
- Head over to the official Keplr Wallet site to download the wallet
- For this staking guide, we’ll be using the Keplr wallet chrome extension
- Once you’ve installed and set up your wallet, add $KAVA tokens to it and head over to the Keplr Dashboard
Step 2— Select KAVA chain
- Once you’re on the Keplr Dashboard, head over to Chains
- Search for KAVA and select the chain
Step 3— Select your Validator
- Once you’ve selected KAVA chain, under staking search for Luganodes
- Select Delegate
Step 4— Select the amount of tokens you want to stake and confirm the transaction
- Once you’ve selected your Validator, enter the amount of tokens you want to delegate
- Approve the transaction
- Once you’ve approved the transaction, you can see your staked tokens and your validator details on the dashboard
Step-by-Step Unstaking Guide:
Please note that Unbonding period on KAVA chain is 21 days and your assets won’t be generating any rewards during that time
Step 1 — Log in to your Keplr Wallet
- Log in to your Keplr Wallet and head over to the Keplr dashboard you used during the staking process above
- Here you can see your validator details and staked amount, select the validator you want to unstake your KAVA tokens from
Step 2— Unstake your assets
- Enter the amount of tokens you want to unstake/undelegate
- Approve the transaction
- Once you’ve confirmed the transaction, you can see you asstes in the Pending unstake which you can withdraw/claim after the unbonding period is over
