How to stake OSMO (Osmosis)

Everything you need to know to stake OSMO (Osmosis) to Chorus One.

Overview

CATEGORY

DETAILS

Chorus One Validator Address

osmovaloper15urq2dtp9qce4fyc85m6upwm9xul3049wh9czc

Wallet

Keplr

APR

~ 9.5%

Block Explorer

Staking Rewards

Unstaking Period

21 Days

About Osmosis

Osmosis (OSMO) is a heterogeneous, interoperable AMM that gives users and LPs flexibility and customization never before seen in existing AMM protocols.

LPs can select their time horizons for providing liquidity, third-parties can incentivize pools ad-hoc, governance can distribute OSMO rewards where they deem fit, pool creators can play with mathematical expressions (curves) for lower-slippage swapping and users can swap assets, cross-chain.

Osmosis uses the standard DPoS staking mechanism found in the Cosmos SDK.

Users can delegate their OSMO tokens to Chorus One to receive a share of rewards generated by the network.

How to stake Osmosis

Please note that the unstaking period for OSMO is 21 days.

1. Install Keplr Wallet Extension

While there are a few wallets out there that can be used to stake OSMO, or are recommended. For this guide, we will be demonstrating the steps with Keplr.

In case you don't have the Keplr extension installed in your browser visit and click on 'Install Keplr'.

If you already have a compatible wallet installed, feel free to skip ahead to:

Optional: How to install the Leap wallet

First, download your Leap wallet

You can find their official site here:

For maximum compatibility, Chromium-based browsers like Google Chrome or Brave are recommended, however, Firefox should work too.

Next, ensure that you have the Leap wallet extension downloaded and enabled in your browser.

Once installed, you can create a new wallet, import an existing wallet like Keplr, or log in with a hardware wallet such as Ledger.

If you choose to create a new wallet you will be shown 12 words as your mnemonic seed.

Please be sure to back up your mnemonic seed securely.

It is recommended to store it physically, not in a digital format or as a screenshot.

Never share this seed phrase with anyone, as they will have access to your funds.

It's important to remember that:

A lost mnemonic seed phrase cannot be recovered.
Anyone with your mnemonic seed phrase can take control of your assets.

Next, you will be asked for the mnemonic again to ensure you recorded it.

Enter the 12 words in order and case sensitive (all lower case).

You will then be prompted to create a password for your Leap wallet.

Your Leap wallet is all set to go! Click on 'Launch Extension' to begin using your new wallet.

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.

2. Create or Import an Account

Click on the extension in the Chrome/Brave toolbar and the following page will open up.

In case you do not have an existing Keplr account you can click 'Create a new wallet'.

If you already have a wallet to use, you can select 'Import an existing wallet' or you can connect with a compatible hardware wallet.

Alternatively, Keplr now offers the ability to associate your wallet with your Google account, however, this is a less secure way of establishing your wallet.

If you choose to create a new wallet you will be shown 12 words as your mnemonic seed.

Select the 24 words option for a more secure mnemonic.
This is known as your "Seed Phrase" or 12 or 24-word phrase.

Please be sure to back up your mnemonic seed phrase securely!

Never share this seed phrase with anyone, as they will have access to your funds.

A lost mnemonic seed can't be recovered.
Anyone with your mnemonic seed can take your assets.

Enter an account name and a password to 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.

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 Osmosis (OSMO), so please be sure to select that from the list or use the search bar to find it.

No need to add any other networks if you don't plan on using them yet. You can always select more networks later.

However, it is advisable to have 'Cosmos Hub' selected when creating your new wallet.

Once you selected the relevant networks, click 'Save' and you'll be all set to go.

3. Log in to your Wallet

Regardless of whether you already have an account or if you just created it, you may now click on the extension to view your address or visit to see your full Keplr dashboard.

4. Staking your OSMO

If you don't already have OSMO 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 who already holds some.

If you want to stake from the browser extension wallet, you can either navigate to the (shown below) or scroll down on the Keplr browser extension wallet screen and select OSMO.

From there, you will be prompted to stake.

Alternatively, once you are on the Keplr dashboard, to stake click on the 'Stake' tab in the left hand side of the dashboard.

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 OSMO).

Then, you can once again either search or scroll through the list to find Chorus One.

Once you've clicked on the Chorus One validator, select how much OSMO 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.

Please note that there is a 21-day unbonding process (also known as unstaking) for OSMO tokens during which the staked tokens do not earn rewards and cannot be transferred, exchanged, or spent.

5. Claiming your Rewards

After some time you will see rewards accumulating in your wallet.

This can be easiest to view from the .

You can simply go to the to claim them by selecting 'Claim' and approving the transaction.

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.

6. Unstaking your OSMO

If you wish to unstake your tokens, you can do so from the same interface in Keplr that you used to stake.

Either go to the or manage your asset directly from the browser extension window.

You can quickly access the Osmosis staking dashboard in Keplr here:

Then simply click on the validator you wish to unstake from and you will be prompted with the staking and unstaking screen.

Please note that OSMO undergoes a 21 day unbonding period when unstaking.

To proceed, click on 'Unstake' and follow the prompts to select the amount of OSMO tokens you wish to unstake. Then confirm and sign the transaction in your wallet.

And that's it! Your OSMO tokens will begin unbonding which you can track from your under the Staking tab.

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 tokens again!

A Note to Institutional Investors:

If you are an institutional investor looking to stake Osmosis (OSMO) with Chorus One, please reach out to us via our or at staking@chorus.one

About Chorus One

Chorus One is one of the largest institutional staking providers globally, operating infrastructure for over 60 Proof-of-Stake (PoS) networks, including Ethereum, Cosmos, Solana, Avalanche, Near, and others.

Since 2018, we have been at the forefront of the PoS industry, offering easy-to-use, enterprise-grade staking solutions, conducting industry-leading research, and investing in innovative protocols through Chorus One Ventures.

As an ISO 27001 certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clients. For more information, visit or follow us on , , and .

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Last updated 4 months ago

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