β²How to stake Ethereum?
Delegate to any of our validators and staking networks that we support
Last updated
Delegate to any of our validators and staking networks that we support
Last updated
A short guide to set up staking on Ethereum with ChainUp Cloud.
a. A compatible wallet (currently only supports Metamask) that holds more than 32 Eth
b. Generate deposit_data-timestamp.json which can be done through the deposit-cli tool.
Specifically, what we actually need is the withdrawal_credentials within the deposit_data-timestamp.json
deposit_data/withdrawal_credentialsStep 1: Click on Ethereum 2 (sidebar). Make sure, you are in the Ethereum2 subpage, and click on the Add Validator Button.
Step 2:
2. If You Have an Existing Validator Keystore:
a. Key Generation and Deposit: - Ensure you have generated your validator key securely. - Complete the deposit transaction associated with your validator key.
c. Confirmation: - Wait for confirmation of the successful upload. - Once confirmed, your validator is active and staking on the network. 3. If You Don't Have an Existing Validator Keystore:
a. Connect Your Wallet: - Log into your staking app account. - Access the Wallet section within the app. - Look for the option to 'Connect a Wallet.' - Choose your preferred cryptocurrency wallet from the list. - Follow the on-screen prompts to securely connect your wallet to the app.
b. Initiate a Deposit Transaction: - In the Wallet section, find the 'Deposit' or 'Stake' option. - Enter the amount you wish to stake or deposit. - Confirm the transaction details. - Follow the prompts to complete the deposit transaction securely.
c. Confirmation: - Wait for the confirmation of the successful deposit transaction. - Once confirmed, your funds will be staked, and your validator will be active.
Step 4: Await the transaction to be confirmed on-chain, and that's all! Your Eth is now staked and earning yield! π₯
Sign up now to start staking and discover the wonders of ChainUp Cloud!
Random Fact: Founded in 2017 and headquartered in Singapore, ChainUp is a leader in blockchain technology and crypto ecosystem solutions.
b. Upload Validator Key: - Log into your staking app account. - Navigate to the Validator or Account section, depending on your app's interface. - Look for the option related to 'Upload Existing Validator Keystore.' - Click on the upload option and select your validator key file. - Confirm the upload. Your validator will be activated in the system.
