HOW TO STAKE

(Here, we describe how to move ERC20 FET from Metamask to stake on Fetch.ai mainnet via the Cosmostation mobile app. If you prefer to move your FET with a Nano Ledger and desktop PC, please visit this page).

You can stake your FET at any time you choose. You can stake any amount of FET you wish.

Once staked, the contract will deliver a reward continuously for as long as tokens remain staked as you are contributing to network security and providing network utility.

You can withdraw any amount of staked FET tokens after the lock-up period. You are free to stake additional amounts at any time. 

This is the step-by-step walkthrough for staking with Cros-nest (you can read original walkthrough by Fetch.ai here). Taking part in the main-net is very straightforward. The first thing you need to do is create an address on the Fetch.ai network that can receive funds.

Initially, this will require the Cosmostation app for Android or iOS as well as Metamask app for the Google Chrome or Brave browser. You can migrate tokens across the bridge by following the steps below.

We request you to use only Metamask and follow the steps outlined below. If you send your tokens directly, they will not appear on your Cosmostation wallet and they cannot be recovered under any circumstances. Therefore, it is in your best interest to interact only with Metamask.

STEP 1

Create an account on the Cosmostation App. Remember to choose Fetch Mainnet when you’re asked to choose a Cosmo network. You will be asked to store your mnemonics so write them down and keep them somewhere safe.

STEP 2

STEP 3

Fetch ERC-20 Token Bridge Interface

STEP 4

STEP 5

To delegate to Cros-nest, go to your cosmostation FET Mainnet wallet. You will see a button “Delegate”.  

STEP 6

Next, you choose Cros-nest as validator: 

Wallet address in Fetch Mainnet

STEP 7

On the Validator page you tap the “Delegate” button:

Wallet address in Fetch Mainnet

STEP 8

You can now enter the amount you wish to stake.

Wallet address in Fetch Mainnet

STEP 9

In the next steps, you will be able to enter a memo for your transaction, select the (extremely low) transaction fee and check your delegation details before sending it off. You will get a confirmation screen stating your delegation details.

Congratulations, your FET joined Cros-nest!