Staking LUNA is very easy.
It won’t take you more than 10 minutes to set it up and you’ll see your multiple rewards (LUNA, UST and KRT) coming alive right after.
These would be the steps:
2. STEPS TO STAKE LUNA (TERRA)
- Download the Station wallet (avaliable for Android, iOS, Chrome, Windows, Linux…)
- Create or import an account.
- Send funds to your Station wallet (you don’t need a MEMO).
- Stake the funds delegating them to one of the top 100 validators (make sure you leave some funds unstaked to pay fees on the process).
3. TO TAKE IN ACCOUNT
After delegating your funds to one or several validators, your staking funds will be locked for 21 days.
4. MORE INFORMATION AND REFERENCES
- Terra.money (2021). Happy Staking. How to stake your Luna and stack up rewards. Avaliable [HERE].