Step by Step Guide to $FUND Staking

Step by Step Guide to $FUND Staking

. 3 min read

There are two ways to gain staking rewards on the Unification network:

  1. Run a validator node
  2. Delegate your stake to a node

Running your own node

The End of the Chain operates a node called Big Boss Capital. I use Digital Ocean as the cloud service to run it. It costs $5-10 a month in server costs.

At current prices ($.05), you need around 30k FUND to cover your server costs each month. I would personally suggest that you don't start running your own node until you have over 100k.

Benefits of running your own node:

  • Add to the network infrastructure of the Unification Network.
  • Vote on proposals and other governance issues.
  • Gain commissions from delegated FUND.

Staking your FUND

If you don't have that large of a stake or you don't want to go through the hassle of setting up your own node, you can delegate your FUND.

Benefits of Delegating:

  • No minimum to stake your FUND.
  • Stake your FUND directly from your wallet.
  • Re-delegate your FUND to a new node at any time.
  • Unlock your FUND after a 21 day cool down period.

The rest of this guide will cover how to buy and stake FUND to the Unification Network.

JOIN OUR STAKING CHAT

www.t.me/BigBossCapital

BLOCK EXPLORER

https://explorer.unification.io/validator/DF72B64D9D10E4D04795673AE0073D4C57DA8C07

1.  Purchase FUND from an Exchange

Use my referral code to support the End of the Chain:

Or use these links to purchase FUND without using my referral link:

2. Download the Unification Wallet Chrome Extension

Go to Unification.com and scroll down until you see the link for the official wallet.

ONLY DOWNLOAD THE WALLET FROM THE UNIFICATION.COM MAINPAGE!!! IF YOU DOWNLOAD IT ANYWHERE ELSE YOUR FUNDS COULD BE LOST OR HACKED!!!

3. Create a New FUND Wallet

After installing the Chrome Extension click the Unification Logo in the top right of your Chrome browser. It will bring up a new tab that gives access to the Official Unification Web Wallet.

Click "My Wallet"

Click "Create New Wallet"

Enter a secure password and then save both the password and the .json file in a secure place.

IF YOU LOSE YOUR PASSWORD YOU WILL NOT BE ABLE TO ACCESS YOUR .JSON WALLET. SAVE YOUR PASSWORD AND DO NOT GIVE IT TO ANYONE UNDER ANY CIRCUMSTANCES.

Click "My Wallet" again and click "Unlock"

Click "Browse" and select your .json wallet. Enter your password and unlock your wallet.

4. Deposit FUND to your Unification Wallet

After you log into your wallet, find your "Wallet Address". This is the address you will need to send your FUND to after purchasing it on an exchange.

Big Boss Capital's Wallet Address

5. Staking your FUND

Click on  "Staking" and then the "Delegate"

Select "Big Boss Capital" as your preferred validator. I also recommend that you spread your FUND out between several nodes.

Enter the "Amount" of FUND you want to delegate and the "Delegate FUND" to finish.

JOIN OUR STAKING CHAT

www.t.me/BigBossCapital



Subscribe to our podcast on iTunes