Stake ONT

This simiple guide provides a step-by-step walkthrough on how to stake ONT on Ontology and earn staking rewards with InfStones while securing the Ontology network.

1 Stake ONT

1.1 Install OWallet

Navigate to this link and choose a proper version that suits your operating system:

Download OWallet

Open up the file you just downloaded and follow the prompts to finish the installation.

Install OWallet Finish OWallet Installation

Open up the file you just downloaded and follow the prompts to finish the installation.

1.2 Create or Import Wallet

For users who are familiar with this process, you may skip to Step 3 instead. Open the OWallet application and click on “ENTER” to continue.

Create or Import Wallet

The wallet will ask you to choose a file path to store your encrypted private keys.

Store Private Keys

Choose the table named “Individual Wallet” and move the cursor to the blue area. Create or import a wallet as you like.

Choose Individual Wallet

To create a wallet, click on “Create Wallet” to start, fill in specific information, set a name for the wallet in red square 1, set your password for this wallet in red square 2, and type in the password one more time in red square 3. Click on “Next” to continue.

Create New Wallet

Click on “Next” to finish.

Finish Wallet Creation

To import a wallet, click on “Import Wallet” to start.

Click Import Wallet

Click on “Keystore (.dat) ” to continue.

Click Keystore (.dat)

Fill in specific information.

Fill in Wallet Information

Set a name for the wallet in red square 1. Next, select the file you previously stored the data of your wallet by clicking on “Selected file” in red square 2. Type in the password in red square 3 and then click on “Import” in red square 4 to finish. Once finished your creation or import, your individual wallet will be presented here on this page.

View Imported Wallet

1.3 Delegate ONT

Access the delegation page.

Delegate ONT

Click on the icon of Node Stake on the bar left in red square 1. Click on the arrow inside of “Stake Authorization” in red square 2 to proceed. Scroll down to turn the page, find out where InfStones’ node locates and then click on the arrow at the far right of the title.

Authorize Staking

Choose the proper address.

Choose InfStones Address

Click on the bar in red square 1 to choose the address of your wallet. Click on “Next” at the bottom of this page to continue. Click on “Submit new stake authorization” to create a new stake.

Submit New Stake Authorization

Type in the amount of tokens you prefer to stake and then click on “Submit”.

Enter Stake Amount

Enter the password of your selected wallet and then click on “OK”.

Sign in with Wallet

Well done! Click on “OK” to finish the staking.

Finish Staking

1.4 Confirm Transaction

Click on the icon circled by the red square on the left side of the homepage.

Confirm Transaction

Click on the arrow inside of the red square like the previous step.

View Stake Authorization

Click on “My Stake” on the right side of this page to continue.

Choose My Stake

Click on the bar in the first red square to choose the address of your wallet in which you’ve accomplished delegations, then click on “Search” below the address bar to continue.

Search InfStones Address

Your previous stakings will be presented below, click on the arrow at the far right of this item to check the specific status.

View Staking

Your total authorized stake will be presented in red square 1, you can confirm your previous delegations by checking the number of this item.

Total Authorized Stake

Your locked stake will be presented in red square 2, you can check the amount of your locked tokens here.

View Locked Stake

Your available rewards will be presented in red square 3, which shows the rewards you earn.

View Available Rewards

2 Claim Rewards

To check your rewards or redeem, the specific amount of your rewards will be presented here. Click on “Redeem” when you’d like to claim your rewards.

Click Redeem Rewards

3 Unstake ONT

To unstake, you can click on “Cancel stake authorization” at any time to withdraw your deposit.

Unstake ONT

3.1 Enter Unstake Amount

Enter the amount of tokens you prefer to unstake and then click on “OK”.

Enter Unstake Amount

3.2 Verify Wallet Password

Enter the password of the selected wallet and then click on “OK”.

Verify Password

Click on “OK” to complete the unstaking.

Complete Unstaking

3.3 Redeem Tokens

Click on “Redeem” to withdraw all your deposits.

Redeem Tokens

Enter the password of the selected wallet and then click on “OK”. Please make sure this wallet you’ve chosen is the one you want to receive the previous deposit.

Enter Password

3.4 Confirm Transaction

Click on “OK” to finish your operation.

Confirm Transaction