⛲How to stake Ethereum?

Delegate to any of our validators and staking networks that we support

A short guide to set up staking on Ethereum with ChainUp Cloud.

Prerequisites

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

1. Uploading deposit_data/withdrawal_credentials

Step 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! đŸ”Ĩ

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.

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