-:Topics covered:-
1. Key Details for Staking OSMO in Trust Wallet
2. Step-by-Step Guide on How to Stake OSMO
3. Instructions for Unstaking OSMO
This guide will walk you through the process of staking OSMO tokens using Trust Wallet. OSMO is the native governance token of the Osmosis network, a decentralized automated asset exchange designed for customized liquidity pools.
Key Details for Staking OSMO with Trust Wallet
- Minimum Staking Amount: 0.000001 OSMO
- Lockup Period: None (unbonding takes 14 days)
Note: During the staking period, both your staked OSMO and any rewards generated remain locked. Users will not have access to these funds until the unstaking process is completed.
- Staking Yield (APR): View current rates in the "Earn" section of the Trust Wallet app.
- Important: Staking and rewards are managed by Trust Wallet’s partners. Therefore, Trust Wallet does not control the staking rate, lockup period, or minimum staking requirement. Lockup specifics, including any time frames for staking and unstaking, are determined by the OSMO Protocol itself.
Stay Updated: Ensure you have the latest version of Trust Wallet to access the most current staking options. Download here.
How to Stake OSMO
- Open Trust Wallet, select Earn and go to Native Staking option.
- Search for OSMO and select it.
- Tap Stake.
- Choose the Amount to Stake and select a Validator (or leave the default).
- Tap Continue.
- Review the details and select Confirm to complete the staking process.
How to Unstake OSMO
Frequently Asked Questions
What is the minimum staking amount for OSMO?
The minimum amount required to stake is 0.000001 OSMOWhen will I start receiving rewards after staking OSMO?
Rewards depend on the amount of OSMO you stake and network conditions. Your chance to earn rewards may vary accordingly.How often are OSMO staking rewards distributed?
Reward frequency depends on network conditions and the amount of OSMO staked. Trust Wallet does not control the distribution frequency.Is there a minimum reward amount required to claim OSMO staking rewards?
No minimum accrued reward is required to claim. Once the lockup period ends, you will receive your staked amount along with any rewards.Are my OSMO staking rewards automatically compounded?
Yes, accrued OSMO staking rewards are automatically compounded.What is the lockup period for staking OSMO?
The lockup period for unstaking OSMO is 14 days.Can I use my OSMO while it is staked?
No, your OSMO tokens are locked during the staking period. To access or use your OSMO tokens, you must first unstake them, after which they will become available for use once the lockup period concludes.
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