Step into the future of staking with our ultimate guide on how to stake Comdex, tailored for success in 2024. This tutorial is designed for anyone aiming to learn the Comdex staking process and secure rewards. From creating staking wallet to choosing the right validators, we provide clear, step-by-step instructions that demystify the process.Start your Comdex staking journey today and unlock the potential of your digital assets with confidence.
What Is Comdex and CMDX Staking?
Comdex, an interchain DeFi infrastructure layer within Cosmos, serves as a solid foundation for developing and launching DeFi projects. With its diverse set of on-chain modules, Comdex replicates essential financial and DeFi primitives, facilitating the rapid development of various DeFi applications.
Comdex staking is based on Proof-of-Stake (PoS) consensus. Validators play a crucial role in securing the Comdex network and receive staking rewards through transaction fees and distributed CMDX tokens. Users can actively contribute to the protocol's security by staking their CMDX to validators and earn a portion of the rewards which includes transaction fees and distributed tokens.
What Should You Know about CMDX?
The following table summarizes the basic information for staking CMDX:
| Item | Description |
|---|---|
| Rewards Distribution Interval | 6 seconds |
| Rewards Distribution Method | Rewards need to be manually claimed. |
| Unbonding Period | 21 Days |
| Compounding | No auto compounding. |
How to Stake CMDX with InfStones?
Follow step-by-step Comdex ($CMDX) staking guide below!
Step 1: Connet to Your Wallet
Click on the link and follow the Cosmotation wallet connecting prompts.
Step 2: Choose InfStones as Your Validator
Please click on "Delegate" in the left sidebar, then locate the validator named "InfStones" as shown in the image below, and click on its "Delegate" button.
Step 3: Input Desired Amount
Insert the desired amount you want to stake, sign the transaction, and confirm.
How to Claim Reward?
Please click on "Delegate" in the left sidebar, then locate the validator named "InfStones" on the “My Validators” dashboard, and click on its "Claim Rewards" button.
Please sign the transaction and confirm.
How to Unstake CMDX?
Please click on "Delegate" in the left sidebar, then locate the validator named "InfStones" on the “My Validators” dashboard, and click on its "Undelegate" button.
Insert the desired amount you want to unstake, sign the transaction, and confirm.
Why Stake with InfStones?
User-centric experience:
- Intuitive staking experience with graphic interface.
- Seamless integration with various wallets.
- Standardized and consistent logic across different protocols.
Secure and reliable infrastructure:
- 2000+ service days with 0 slashing.
- Non-custodial staking.
- Trusted by Binance, CoinList, BitGo, OKX and more.
Comprehensive support and resources:
- 24/7 professional support.
- Extensive guiding documentations.
InfStones is an advanced, enterprise-grade Platform as a Service (PaaS) blockchain infrastructure provider trusted by the top blockchain companies in the world. InfStones’ AI-based infrastructure provides developers worldwide with a rugged, powerful node management platform alongside an easy-to-use API. With over 20,000 nodes supported on over 80 blockchains, InfStones gives developers all the control they need - reliability, speed, efficiency, security, and scalability - for cross-chain DeFi, NFT, GameFi, and decentralized application development.
InfStones is trusted by the biggest blockchain companies in the world including Binance, CoinList, BitGo, OKX, Chainlink, Polygon, Harmony, and KuCoin, among a hundred other customers. InfStones is dedicated to developing the next evolution of a better world through limitless Web3 innovation.