How to stake Sifchain
Last updated
Was this helpful?
Last updated
Was this helpful?
1. Create Sifchain wallet inside Cosmostation app.
If you launch your Cosmostation app first time, follow these steps:
1.1. Tap Create and choose a coin for which you want to create the wallet.
1.2. Tap Show mnemonic, write down your mnemonic (it is recommended to store one in a private place only you have access to as well as to use several places and storages, e. g. passworded USB and paper ones), enter your mnemonic into the fields in sequential order to confirm you have written down it successfully.
1.3. Set up your PIN (the PIN is the only one for the Cosmostation app, so you set up this once and will use it for creation of wallets for other coins in the Cosmostation app) and get your personal Sifchain (ROWAN) wallet.
2. If you already have a wallet for some another coin in Cosmostation app and want to add the wallet for Sifchain (ROWAN) coin, then follow these steps:
2.1. Go to Settings at the bottom right.
2.2. Tap Add new wallet.
2.3. Tap on Sifchain in the coins list, then tap Create option.
2.5. Tap Show mnemonic, write down your mnemonic (it is recommended to store one in a private place only you have access to as well as to use several places and storages, e. g. passworded USB and paper ones), enter your mnemonic into the fields in sequential order to confirm you have written down it successfully.
2.6. Enter your PIN to confirm wallet creation (the PIN is the only one for the Cosmostation app, so you set up this once and will use it for creation of wallets for other coins in the Cosmostation app) and get your personal Sifchain (ROWAN) wallet.
1. Tap on Delegate button in the Sifchain wallet, then tap on Top central tab.
3. Choose a staking provider and tap on it. If you would like to stake Sifchain with us, you are welcome to choose Staketab provider. Tap on Delegate.
5. Enter the amount of ROWAN you want to delegate, select a transaction fee, confirm transaction details and enter your PIN.
Tip: You can switch between your wallets by tapping Switch button at the top right and selecting desired wallet.
