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How To Stake WAN Using Wanchain In 4 Simple Steps?
How To Stake WAN Using Wanchain In 4 Simple Steps?
Aug 06 , 2019 · 3 min read

Wanchain Delegation Tutorial

What is Wanchain?

Wanchain is a distributed ledger that allows for cross-chain transactions and the interoperability of multiple chains. Although Wanchain facilitates transactions between blockchains, it is also a stand-alone blockchain that runs autonomously. The protocol acts as a distributed ledger that processes and maintains records of cross-chain transactions. Aiming to break down the barriers between public and private blockchain networks, Wanchain is enabling financial freedom, empowerment, and connectedness that humans have never experienced in history. Follow the steps below to stake your WAN.

How to Stake Wanchain with InfStones?

Follow the steps below to stake Wanchain and earn rewards.

Step 1: Download and install the Wanchain Wallet

Navigate to this link to start your staking.

Choose the suitable version of the Wanchain Desktop Wallet for your operating system.

Wanchain Delegation Tutorial

At the time you click on any button that suits your system, you will be navigated to this page.

Wanchain Delegation Tutorial

If you agree to the terms, please scroll down to the very bottom of this page, and click on “OK” to start downloading.

Wanchain Delegation Tutorial

Follow the prompts of the Wanchain Wallet installation to complete the process.

Wanchain Delegation Tutorial

Step 2: Create or Import a Wallet

Open up the Wanchain Wallet you just installed, relax if you see this loading process, it will accomplish within seconds.

Wanchain Delegation Tutorial

You can either create or import a wallet as you like, no matter which option you choose, click on “Next” after that.

Wanchain Delegation Tutorial

You are now at the main page of the Wanchain Wallet, check the specific status of your account, and get prepared for the following steps.

Wanchain Delegation Tutorial

Step 3: Stake your WAN Tokens

Before staking, make sure you have prepared enough tokens, Wanchain has a specific minimum required amount for 100 WAN. Your balance in your current account will be shown here.

Wanchain Delegation Tutorial

Start staking.

Wanchain Delegation Tutorial

Click on “Galaxy PoS” in red square 1 on the left side of the page. Click on “Delegation” in red square 2 to proceed.

You will be transferred to this page. Click on “New Delegation” to start since you don’t have any delegation yet.

Wanchain Delegation Tutorial

Check the status of the validator you are about to delegate.

Wanchain Delegation Tutorial

Click the bar circled in red square 1 called “Name” and select “InfStones” among all the validators, we promise this is the best choice from all of those options.

The Address of the validator will be presented after red square 2. The Quota of the validator will be presented after red square 3. The Max Fee will be presented after red square 4. Please notice that it’s not the current fee. The Delegation Fee will be filled automatically in red square 5, and you could see that we only charge 1%.

Scroll down to “My Account” and check the status of your account.

Wanchain Delegation Tutorial

Click the bar named “Address” in red square 1 and choose your address of the wallet. Type in the amount of tokens you want to stake in red square 2. Click on “Next” in red square 3 to continue.

Confirm the transaction.

Wanchain Delegation Tutorial

Make sure the name of the validator’s account is “InfStones” like the area circled in red square 1 above. Next, confirm all your personal information below and then click on “Send” in red square 2.

Wait for the delegation to be settled.

Wanchain Delegation Tutorial

Wait for a couple of seconds before the staking settles down. You will find out that your stake will be shown under red square 1.

The time you discover a new item shown in the “Delegation List” after red square 2, it means you have successfully staked for InfStones.

Step 4: Confirm Transaction

Get access to the delegation page.

Wanchain Delegation Tutorial

Click on “Galaxy Pos” in red square 1 on the right side of the page.

Click on “Delegation” in red square 2 to proceed.

Check the related information.

Wanchain Delegation Tutorial

All the information about your previous delegation will be shown here. The amount of your stake will be presented in red square 1. Your reward will be presented in red square 2. The average network reward will be shown in red square 3. The pending withdrawal will be presented in red square 4.

Double-check your previous delegation.

Wanchain Delegation Tutorial

Scroll down a little bit to confirm the status of your previous delegation. You will find out all you need in “Delegation History”. When the status of your staking appears to be “Success” in red square 2, it means the staking has been delivered.

Notice: Users may exit their delegation at any time, but please note there is about 3 epochs unlocking period after which you can withdraw your WAN.

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.
About InfStones

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.