Step-by-Step Guide to Delegating AVAX Tokens
Avalanche’s mainnet is live, enabling users to stake AVAX tokens as validators or delegators. This tutorial demonstrates how to earn staking rewards while securing the Avalanche network.
Key Steps:
- Create or import an AVAX wallet
- Delegate AVAX to a validator
- Transfer funds to the P-chain (optional)
🔹 Avalanche’s Proof-of-Stake (PoS) Unique Features:
- Locking period: Stake remains locked until the chosen delegation period ends.
- No slashing: Funds are returned in full after the lock-up.
- Minimum stake: 25 AVAX required.
- Maximum stake duration: 1 year.
Prerequisites for Delegation
Per Avalanche’s Staking Documentation, delegators must specify:
- Node ID: Unique validator identifier.
- Start/End Time: Delegation duration.
- Delegation Fee: Set by the validator.
- Reward Address: Destination for staking rewards.
👉 Explore Avalanche’s staking mechanics
1. Setting Up Your AVAX Wallet
Option A: Import an Existing Wallet
- Visit AVAX Web Wallet.
- Click "Access Wallet" and select a recovery method (e.g., mnemonic phrases).
- Enter your credentials and click "Access Wallet".
Option B: Create a New Wallet
- On the wallet homepage, click "Create New Wallet".
- Generate and securely store your mnemonic phrases.
- Verify phrases by filling in blanks.
2. Delegating AVAX to Anonstake Validator
Validator Node ID: NodeID-MzCjZkawGxEt2mUxUftvYmd63qGPWMFDH
Steps:
- Navigate to "Earn" in the wallet sidebar.
- Click "Add Delegator".
- Search for Anonstake using the Node ID above.
- Confirm by clicking "Submit".
💡 Tip: Ensure your wallet has enough AVAX for transaction fees.
3. Transferring Funds to the P-Chain (Optional)
To stake, AVAX must reside on the P-Chain. Transfer unlocked funds from Chain-X:
- Go to "Earn" → "Transfer".
- Leave some AVAX for fees.
- Move funds to Chain-P.
About Avalanche
A decentralized platform for scalable DeFi and enterprise solutions.
- Website: Avalabs.org
- GitHub: Ava-Labs
- Social Media: Twitter | Discord
👉 Learn more about blockchain staking
FAQ
1. What’s the minimum AVAX to delegate?
- 25 AVAX.
2. Can I unstake before the lock-up ends?
- No. Funds remain locked until the delegation period concludes.
3. How are rewards distributed?
- Rewards are sent to your designated reward address.
4. Is slashing applied?
- No. Avalanche does not slash staked funds.
Why Choose Anonstake?
Anonstake offers secure delegation services with a team experienced in blockchain infrastructure since 2016.
Connect:
🚀 Start staking today and earn passive income!
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