Stake for NEAR Protocol
The NEAR Protocol allows users to participate in the network consensus and earn rewards by staking their NEAR tokens. Stakers receive a portion of the transaction fees generated by the inflation process, which is determined by the total amount of NEAR staked.
The staking information is highlighted in the table below:
|Minimum Staking Amount||30 NEAR registration fee for each validator.|
|Rewards Distribution||Automatically distributed to the validator address.|
|Unbonding Period||~48 hours.|
Actual staking does not happen on InfStones. InfStones only allows you to create your own NEAR validator pools that you and other NEAR users can use to stake your tokens. Tokens are staked in a validator pool via the official NEAR wallet.
2 Create NEAR Protocol Node
The first step is to launch a new NEAR Protocol node. To do this, navigate to the Safe Stake on your InfStones dashboard and select the NEAR Protocol, as shown below.
To create a new node, simply click on the
Launch New Node option as shown below.
Enter a preferred name for your node and click
3 Register Node as Validator
Once your node has finished syncing, you'll need to repeat the previous steps to register your node. However, this time, select the newly registered node. Once you've done that, you'll need to connect your newly launched node to your NEAR wallet. To do so, simply click on the
Authorize button as shown below.
3.1 Connect NEAR Wallet with InfStones
A new page will prompt you to log in to your NEAR wallet. Enter your credentials, and then click
Fill in your NEAR wallet ID, then click
Now, go back to your InfStones dashboard. Fill in the NEAR wallet ID you authorized in the previous step and click
3.2 Set Pool Name
After you've verified your NEAR wallet ID in the previous step, the next step is to assign a unique pool name to your validator. Enter a preferred pool name here and click the
Check Availability button to see if it is available.
- NEAR pool names cannot be duplicated.
- Pool names can only contain lowercase letters, numbers, dashes (-), and underscores (_).
- Uppercase letters and other special characters are not allowed.
Once you've chosen a name and the check has passed, click
Stake to complete the process.
When everything is finished, you should see a success message like the one below.
4 Stake on NEAR Wallet
Now that you've successfully configured your new validator pool, navigate to the Staking page on your NEAR wallet dashboard and click the button as shown below.
To proceed, use the search box to find the validator you just registered, then click the
Select button next to it.
Confirm the validator's name one more time, then click the button highlighted below to proceed.
4.1 Enter Stake Amount
Enter the amount of NEAR tokens you want to stake on the next page, then click the
Submit Stake button to continue.
Finally, click the
Confirm button as shown below to complete the transaction.
A message should appear confirming that the staking operation was successful. You can also navigate to your NEAR wallet dashboard to track your rewards and perform other operations, such as unstaking your tokens.
5 Stake and Reward History
InfStones now provides an intuitive analytics feature that lets you easily access your stake, unstake, and reward histories. This feature is especially helpful for users who want to monitor their staking activity and track their rewards over time.
Updated 24 days ago