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Mina Staking Tutorial
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Mina Staking Tutorial
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Aug 01 , 2021 · 2 min read
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What is Mina and MINA Staking

Mina Protocol is a blockchain platform that achieves scalability through a lightweight, fixed blockchain size of approximately 22 KB. It uses zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) cryptography to verify transactions without storing the entire transaction history. Mina Protocol's native cryptocurrency, MINA, is used to facilitate network transactions and distribute fees between users.

MINA Staking refers to the process of participating in the Mina Protocol network by staking (locking up) your MINA tokens to perform various functions on the network, such as securing the network, validating transactions, and participating in the governance of the protocol.

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.

How to Stake MINA with InfStones

Overview

The staking information is highlighted in the table below:

Stake

a) Visit the official Mina Scan website at https://minascan.io/mainnet/home. Navigate to the 'Validators' tab on the website. In the search box, type 'InfStones' to locate the validator you want to stake with.

b) Once you have found 'InfStones,' click on the 'Stake' button next to the name. Then, click 'Next' to proceed with the staking process.

c) Now enter the specific amount you wish to stake. Then, click the "Next" button to proceed.

d) Confirm your transaction to complete the staking process.

Receive Reward

a) Open your Auro wallet. You can find it on Chrome extensions. Click on "Check More Transaction History." This will conveniently direct you to Mina Explorer.

b) Within Mina Explorer, select the "Transactions" section. Here, you'll have access to a comprehensive record of all your transaction history.

Unstake

Unlike most staking protocols, Mina doesn't have a specific "Unstake" or "Undelegate" command. This is because Mina never locks staked funds, allowing them to be accessed at any time.

You can do any of the following to unstake/undelegate: transfer, sell, donate, redelegate to the original account, or redelegate to another validator.

If you wish to change validators, you can first open your Auro wallet and click staking and click change.

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.

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