How to stake ROSE on Oasis Wallet

Oasis Wallet: Staking ROSE Tokens - A Simplified Guide

Go to the Official Oasis Wallet and Click on 'Create wallet' button to create a new wallet.

After clicking 'Create Wallet', a 24 words mnemonic phrase will be displayed.

Write down the mnemonic phrase and save it in a safe place, as there is no way to restore it in the event of a loss.

After saving your mnemonic, click on the checkbox 'I saved my keyphrase' and click on 'Import my wallet' button.

Input your mnemonic phrase in the right corner. Once this is done, proceed by clicking on 'Import my wallet'.

Upon entering your mnemonic phrase, your wallet must be successfully created.

Just Keep the first address selected, and click on "Open"

This wallet enables you to send, receive, and stake ROSE using the generated address.

ROSE tokens are available for purchase on various prominent exchanges, including Binance, Coinbase, or KuCoin.

After acquiring ROSE on any of these platforms, it can then be transferred to your wallet's generated ROSE address.

Alternatively, you can start by earning some ROSE on Final Autoclaim, that's a free way to get your first staking bag without buying anything.

Go to the 'Stake' section on the Oasis Wallet,

On this page, you will see the list of all active validators.

Scroll down and find "SpaceStake" to stake.

Set the amount you want to stake and click on 'Delegate' button.

The minimum staking amount is 100 ROSE

Review the transaction details thoroughly, and once you're certain they are correct, click on 'Confirm'.

The transaction will take a short time to be confirmed by the network.

Congratulations! Following this confirmation, your ROSE tokens will be actively staked and visible in the 'Active delegations' section.

You should start receiving rewards after the completion of the first epoch, which is approximately one hour in duration.

For any inquiries during the staking process, please don't hesitate to reach out to us at support@spacestake.tech.

Last updated 3 months ago