To initiate staking for your organization, kindly reach out to our dedicated sales team at sales@lmnl.app.

Once the staking feature is enabled, you can proceed to create a wallet for staking purposes or enable an existing wallet for staking, only the admin or owner can enable a wallet for staking. Enabling a wallet, whitelists the validator address on that wallet, so that wallet members can initiate staking transactions. This is an added security feature, that helps prevent accidental stakes on incorrect addresses. For a comprehensive guide on setting up a cold wallet, please refer to our tutorial on How to Setup Cold Wallet.

After successfully creating your wallet, navigate to the Staking menu and select “Start Staking” Choose the wallet you wish to stake from, and then click on “Enable Staking”.

Click the “Stake” button on the protocol you wish to stake. After the stake is initiated, it may take a few seconds to minutes to setup validators, once done, you can sign the transaction from the pending actions section on the home page.