How to stake SEI (Sei Network)

Everything you need to know to stake SEI with Chorus One.

Overview of the Sei Network

Sei is a high-performance Layer 1 blockchain designed specifically for trading applications. With its innovative parallel order execution and native price oracles, Sei is optimized for decentralized exchanges (DEXs) and other trading-focused dApps.

By staking SEI, you contribute to the security and scalability of this cutting-edge blockchain while earning staking rewards.

SEI is also unique in that is has both IBC compatibility and EVM compatibility.

This means that each Sei address in Sei V2 has a corresponding EVM / 0x address, and vice versa. When you use Sei V2 for the first time, it is necessary to link these two addresses.

You can link your Sei and EVM / 0x addresses using the Sei app: https://app.sei.io/

▶️ It is recommended to store your SEI on the SEI native address as this is what you will stake from.

This means that every account on the Sei Network has a unique public key. In Sei V2, this public key translates into two different types of addresses:

• EVM Address: This address starts with 0x and is used for EVM-based activities.

• SEI Address: This address starts with sei and is used for Sei-native activities.

Please note: You cannot decide which Sei and 0x addresses are linked together. Each Sei account has exactly one specific Sei address, and one specific EVM / 0x address, associated with it. They are like 2 sides of the same coin, and cannot be combined with other addresses.

To learn more, please reference the SEI technical docs: https://www.docs.sei.io/user-guides/linking-addresses

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Staking Summary

Category	Details
Minimum Stake	No minimum requirement
Unbonding Period	SEI undergoes a 21 day unbonding period
Rewards Payout	Rewards are distributed block-by-block and do not auto-compound. They can be claimed and added to your stake.
Recommended Block Explorer	https://seistream.app/ or https://www.seiscan.app/
Recommended Wallets	MetaMask, Keplr, Cosmostation, or any wallet in this list
Chorus One Validator	seivaloper16pj5gljqnqs0ajxakccfjhu05yczp98743ctgy
APY	Please review Staking Rewards for current rates
Managing Your Stake	https://app.sei.io/
SEI Technical Docs	https://www.docs.sei.io/

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Prerequisite Checklist

Before you start staking SEI, ensure you have the following:

• Compatible Wallet: A wallet that supports SEI staking, such as MetaMask, Keplr, or Cosmostation.
• SEI Tokens: Ensure you have SEI tokens in your wallet for staking and transaction fees.

• Chorus One Validator: Locate the official Chorus One Validator Address.
• Block Explorer: Use https://seistream.app/ or to verify transactions and validator details.
• Staking Rewards Info: Check Staking Rewards for the latest APY rates.

For more details, please refer to the FAQs.

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Step-by-Step Guide

Step 1: Set Up Your Wallet

1. Download and install a compatible wallet, MetaMask is recommended.

• MetaMask — Getting Started: MetaMask
• Keplr — Getting Started: Keplr Wallet
• Cosmostation — Getting Started: Cosmostation Wallet

1. Create a new wallet and securely store your recovery phrase.

   1. For additional security information please see What is a Seed Phrase?and Crypto Security Best Practices

2. Transfer SEI tokens to your wallet.

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Step 2: Access the Staking Interface

1. For this guide we will be demonstrating the process with MetaMask.
2. Navigate to https://app.sei.io/ and connect your wallet.

   1. For SEI, special instructions on adding the network to MetaMask can be found here if needed, however, when you first connect MetaMask to the staking interface it will automatically add the needed network information for you.
3. Alternatively, you can navigate to https://seistream.app/ click on the left-hand column 'Stake' then search for Chorus One.

   1. If you are using https://seistream.app/ you can search for the Chorus One validator address seivaloper16pj5gljqnqs0ajxakccfjhu05yczp98743ctgy
   2. If you are using https://seistream.app/ please ensure that the SEI mainnet 'pacific-1' is selected in the upper-right hand corner of the screen where you will see your wallet connected.

Example of https://seistream.app/ locating the Chorus One validator.

If you're using https://app.sei.io/ you will be prompted to connect with MetaMask. After, you can click the address in the upper-right hand corner to see your EVM (0x) address and your SEI address.

Example of the staking dashboard on https://app.sei.io/ highlighting both addresses.

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Step 3: Select the Chorus One Validator

1. Search for the Chorus One Validator using the official Chorus One Validator Address.

   1. sei16pj5gljqnqs0ajxakccfjhu05yczp987t7f9f5

   2. If you are using https://app.sei.io/ click on 'Stake' in the left side bar and look for Chorus One.
2. Click on the validator to select it.

   1. Example below showing the https://seistream.app/ delegation screen.

Example of the https://seistream.app/ Chorus One delegation screen.

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Step 4: Delegate Your SEI Tokens

1. Enter the amount of SEI you wish to stake.

2. Review the transaction details, ensuring the validator is set to Chorus One.

3. Confirm the transaction in your wallet.

Example of the delegation confirmation screen.

When you're ready, click on 'Delegate' and approve the transaction in MetaMask.

It is recommended to leave a small amount of SEI in your wallet to pay for any future gas fees.

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Step 5: Managing Your Delegation

1. Once the transaction is confirmed, your SEI tokens will be staked, and you will start earning rewards.

2. Check the Staking Dashboard at https://app.sei.io/ by connecting your MetaMask wallet to review your staked balances and claim your staking rewards as they accrue.

Example of the staking dashboard found at https://app.sei.io/

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Step 6: Claiming Rewards & Unstaking Your SEI

Claiming Rewards:

• Over time you will accrue rewards from your staked SEI.

• Navigate to https://app.sei.io/stake and you can view any pending rewards you can claim.

Example of the rewards claim dashboard found at https://app.sei.io/stake

Unstaking:

To unstake your SEI, navigate to the same staking interface and click on the three vertical dots next to 'Claim rewards' and from the dropdown menu select 'Unstake'.

Select the amount of SEI you would like to unstake and submit and approve the transaction in your wallet.

• You can also redelegate your staked balance to another validator if you wish.

Please note: There is a 21 day unbonding period when you unstake your SEI.

Example of the unstaking confirmation screen.

Once you've completed your unstaking transaction, you're all set! Your SEI will begin unstaking and will become available after the 21 day unbonding period has passed.

You can view your SEI unbonding period in progress from the staking dashboard.

Example of a SEI unbonding transaction in progress.

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FAQs

1. What are the staking rewards for SEI?

Staking rewards depend on network parameters and validator performance. Check Staking Rewards for the latest APY rates.

2. Is there a lock-up period for SEI staking?

Yes, there is a 21-day unbonding period when unstaking SEI tokens.

3. Do staking rewards auto-compound?

No, staking rewards must be manually claimed and can then be added to your staked balance.

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Questions?

Feel free to reach out to our Support Team if you would like any clarification.

For direct support, please create a ticket on our support platform.

A link for a support request can also be found along the top of this webpage as well as many other Chorus One resources including OPUS Pool, The Chorus One SDK, and our Blog.

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A Note to Institutional Investors

If you are an institutional investor looking to stake Sei Network (SEI) with Chorus One, please reach out to us via our staking request form.

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 chorus.one or follow us on LinkedIn, X (formerly Twitter), and Telegram.