How to stake KYVE (Kyve Network)
Everything you need to know to stake your KYVE with Chorus One.
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Everything you need to know to stake your KYVE with Chorus One.
Last updated
Was this helpful?
CATEGORY
DETAILS
Chorus One Validator
Recommended Wallets
Block Explorer
Staking Rewards
Unstaking Period
21 Days
Kyve Network (KYVE) is a blockchain protocol focused on data availability and management, enabling developers to securely store, validate, and retrieve data in a decentralized way.
It achieves this by combining efficient data storage with a consensus layer, ensuring that the data is both immutable and verifiable. By leveraging its unique data archiving mechanisms, Kyve allows applications, especially in blockchain and Web3 ecosystems, to access reliable historical data without the need for centralized storage solutions. This makes it a beneficial infrastructure for projects requiring accurate data retrieval, such as DeFi protocols, oracles, and analytics platforms.
The protocol is powered by incentivized validators who ensure data accuracy by staking tokens and earning rewards for proper validation.
Being compatible with the Cosmos SDK, Kyve integrates seamlessly with various blockchains and data sources, creating an interoperable framework for cross-chain data sharing.
Developers can use Kyve to create custom “pools” for specific datasets, tailoring the storage and retrieval process to their application’s needs.
This combination of decentralization, scalability, and reliability allows Kyve to serve an important role for managing the growing demand for decentralized data in the blockchain space.
Click on Install Keplr for Chrome if you are using a Chrome browser or Brave if you are using the Brave browser and follow the installation instructions.
Click on the extension in the Chrome/Brave toolbar and the following page will open up.
If you choose to create a new wallet you will be shown 12 words as your mnemonic seed.
Optional: You can select the 24 words option for a more secure mnemonic.
Please be sure to back up your mnemonic seed securely.
It is recommended to store it physically; never in a digital format or as a screenshot.
Never share this seed phrase with anyone, as they will have access to your funds.
A lost mnemonic seed phrase cannot be recovered.
Anyone with your mnemonic seed phrase can take control of your assets.
Next, enter an account name and a passphrase to lock and unlock your wallet. You will be asked for the mnemonic again.
Enter the 12 or 24 words in order and case sensitive (all lower case).
This is to make sure you remember the mnemonic and confirm that you wrote it down correctly.
After verifying your 12 or 24 word phrase, you will be prompted to select any other Cosmos Hub networks you'd like to add to your wallet.
In this case, we will be adding Kyve Network (KYVE), so please be sure to select that from the list or use the search bar to find it.
Once you selected the relevant networks you want to use, click 'Save' and you'll be all set to go.
If you don't already have some KYVE in your wallet, you can fund it with some tokens. You may use an exchange to transfer the tokens to your address or get them from a trusted third party that already holds some.
Next, you will be prompted to stake.
If you click on KYVE directly from your wallet extension, you will see the option to stake. Click on that to be taken to the staking dashboard in Keplr.
Once there, you will see three steps highlighted in the pink box in the screenshot below.
Select Chain
Select Validator
Stake
Scroll or through the list or search for the chain you want, in this case KYVE.
Then, repeat the same steps to find the Chorus One validator.
Once you've chosen the Chorus One validator, select how many KYVE tokens you wish to stake, then click the 'Stake' button at the bottom of the screen.
Clicking on Stake will take you to Keplr wallet for approval. Approve the transaction and you will be able to see your stake.
Note: If you are using a Ledger hardware wallet, you will need to have the wallet connected, unlocked, and approve the transaction there.
After some time you will see rewards accumulating in your wallet.
You will see all rewards available from all networks you are staking with.
You can choose to claim all pending rewards or select which networks you specifically want to claim rewards for.
If you wish to unstake your KYVE, you can do so from the same interface in Keplr that you used to stake.
Simply click on the validator you wish to unstake from and you will be prompted with the following screen.
Please note that KYVE undergoes a 21 day unbonding period when unstaking.
To proceed, click on 'Unstake' and follow the prompts to select the amount of KYVE you wish to unstake.
Then confirm and sign the transaction in your wallet.
You can view and manage all ongoing unstaking transactions (undelegations) from your Keplr dashboard and cancel them if you change your mind.
After the unbonding period is complete you will be able to transact with your unstaked KYVE again!
or use:
or
For the focus of this guide, we recommend using the . While Leap is usable, this guide will be walking through a demonstration with Keplr.
However, if you would like to use Leap wallet and stake directly to the via Mintscan, you can reference the quick guide below to start your Leap wallet.
If you already have a wallet installed, feel free to skip ahead to:
You can find their official site here:
In case you don't have the Keplr extension installed in your browser, please visit and click on 'Install Keplr'.
It is recommended to pin it to your browser toolbar by clicking on the jigsaw piece 🧩 icon and then the pin icon.
Regardless of whether you already have an wallet or if you just created it, you can now click on the Keplr extension to view your address or visit to see your full Keplr dashboard.
If you want to stake from the browser extension wallet, you can either navigate to the (shown below) or scroll down on the wallet screen and select KYVE.
Alternatively, you can connect Keplr to the Mintscan explorer and stake to the Chorus One validator at this address:
Alternatively, if you are already on the , to stake click on the 'Stake' tab on the left hand side of the dashboard.
This can be easiest to view from the .
You can simply go to the to claim them by selecting 'Claim' and approving the transaction.
Either go to the or manage your asset directly from the browser extension window.
And that's it! Your KYVE will begin unbonding which you can track from your under the Staking tab.
If you are an institutional investor looking to stake Kyve Network (KYVE) with Chorus One, please reach out to us via our .