How to stake TIA (Celestia)

Overview

About the Celestia Network

Celestia (TIA) is a decentralized, modular blockchain built on the Cosmos SDK that focuses on separating consensus from execution, offering a novel approach to blockchain scalability.

Unlike traditional blockchains that bundle transaction execution, consensus, and data availability, Celestia divides these tasks into distinct layers, allowing greater flexibility and efficiency. At its core, Celestia uses data availability sampling, which allows light clients to verify large blocks of data without downloading them in full, improving scalability without compromising security.

The blockchain's native token, TIA, is used for securing the network through staking and paying for services like data availability and transaction validation. By focusing on modularity, Celestia aims to empower developers to create decentralized applications with more freedom, driving innovation and allowing blockchains to scale more effectively.

How to Stake TIA

1. Install the Keplr Wallet Extension

While there are a few wallets out there that can be used to stake TIA, Keplr or Leap 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 https://www.keplr.app/ and click on 'Install Keplr'.

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.

• It is recommended to pin it to your browser toolbar by clicking on the pin 📌 icon.

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

• You can select the 24 words option for a more secure mnemonic.

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 Celestia (TIA), 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.

3. Log in to your Wallet

Regardless of whether you already have an wallet or if you just created it, you may now click on the Keplr extension to view your address or visit https://wallet.keplr.app/?tab=overview to see your full Keplr dashboard.

4. Staking your TIA

If you don't already have TIA in your wallet, you can fund it with some tokens. You may use an exchange to transfer the tokens to your address or get it from someone who already holds them.

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

From there, you will be prompted to stake.

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.

1. Select Chain

2. Select Validator

3. Stake

Scroll or through the list or search for the chain you want (in this case TIA).

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

Once you've chosen the Chorus One validator, select how much TIA 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.

5. Claiming your Rewards

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

• This can be easiest to view from the Keplr dashboard.

6. Unstaking your TIA

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

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

Simply click on the validator you wish to unstake from and you will be prompted with the following screen.

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

And that's it! Your TIA will begin unstaking which you can track from your Keplr dashboard under the Staking tab.

• You can view and manage all ongoing undelegations from your Keplr dashboard and cancel them if you change your mind.

A Note to Institutional Investors

If you are an institutional investor looking to stake Celestia (TIA) with Chorus One, please reach out to us via our staking request form or at [email protected]