A Simple Guide to Staking Osmosis (OSMO) with Stakecito

Discover how to stake Osmosis (OSMO) and begin earning rewards with Stakecito in our step-by-step guide.

Staking

Jun 25, 2024

0 min read

By

Winfred K. Mandela

Osmosis Overview

Osmosis is the premier cross-chain DeFi hub. As the liquidity center and primary trading venue of Cosmos – the open, emergent ecosystem of sovereign Layer 1s connected with the Inter-Blockchain Communication protocol (IBC) – it is the access point for the wide world of appchains, the gateway to the interchain. As IBC continues to explode – with more than 50 blockchains connected and dozens more in development, including dYdX chain, and with teams working to enable IBC on Avalanche, Polkadot, NEAR, and others, potentially even Ethereum – Osmosis will be there to welcome new users, developers, and protocols to the Internet of Blockchains.

Details on Staking OSMO with Stakecito

Validator Address: osmovaloper12rzd5qr2wmpseypvkjl0spusts0eruw2g35lkn
Wallet: Keplr Wallet
Block Explorer: Mintscan
Unstaking Period: 21 Days
Stakecito commission: 5%

How to Stake OSMO with Stakecito

1. Install the Keplr Wallet Extension

If you don't have the Keplr extension, visit the Keplr website and click on "Install extension". Choose the correct version for your browser (Chrome or Brave) and follow the setup instructions.

2. Create or Import an Account

Open the Keplr extension in your browser. If you don’t have a Keplr account, create one by following the prompts to generate a mnemonic seed (choose 24 words for enhanced security) and back it up securely. Remember, anyone with access to your mnemonic seed can access your funds, and a lost seed cannot be recovered.

3. Log Into Your Account

Once your account is set up, use the extension to view your address or navigate to Keplr Wallet Staking to access your full dashboard directly.

4. Stake Your OSMO

Fund your account with OSMO if it's not already funded. You can transfer them from an exchange or another wallet. To stake:

a) Search for and select the "Osmosis" network.

b) Find "Stakecito" in the list of validators at the bottom of the page and click on it

c) Click 'Stake'.

e) If you select one of the top 10 validators, you may encounter a notice like this, don't worry, you can always choose this validator for staking if you wish to stake with Stakecito.

  • Click "Continue Staking"

  • Enter the amount of OSMO you wish to stake and then click 'Stake' again.

f) Approve the staking transaction.

g) You have officially staked OSMO with Stakecito!

Claiming Rewards

Over time, you'll see OSMO rewards accumulate. To claim them, simply access the Keplr extension and follow the instructions to claim your rewards.

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About Stakecito Labs

At Stakecito Labs, we've honed our craft as validators. Our reputation as the third-largest validator by delegation count within the Cosmos ecosystem speaks to our unwavering dedication and the trust placed in us by over 270,000 delegators worldwide.

Our validation services are not just about maintaining blockchain networks though; we validate networks outside of Cosmos as well (NEAR, Aleph Zero, etc.).

Our core mission is centered on demystifying blockchain technology to ensure it's accessible for everyone, from newcomers to seasoned investors. To begin staking, visit our homepage.

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