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On this page
  • Where do I get Harmony One?
  • What Wallets accept Harmony One?
  • What DApps work with Harmony One?
  • What is Staking?
  • How to Stake?
  • More Questions?

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  1. General
  2. Introduction

FAQ

PreviousStudy MaterialsNextTechnology

Last updated 4 years ago

Was this helpful?

Where do I get Harmony One?

Check for a list of Exchanges trading Harmony One. You may also want to get them via .

What Wallets accept Harmony One?

Check for a list of Harmony One wallets.

What DApps work with Harmony One?

Check for a list of decentralized applications running on Harmony One.

What is Staking?

For those wishing to participate in staking without running a validator, delegation is the best approach to still get involved and earn block rewards. The act of delegating tokens and earn rewards is called staking.

Harmony ONE holders can delegate their tokens to existing validators using our staking explorer: . If the tokens are delegated to an elected validator, a portion of the block reward earned by the validator will be credited to the delegator (according to section ).

The earned block rewards are stored in a separate reward balance of the delegator, which can be immediately withdrawn to the delegatorโ€™s account balance. The block rewards can also be staked again to achieve the compounding effect of staking.

Your delegated tokens are also associated with slashing risks of the validator. As a delegator, you should carefully choose validators based on their historical performance metrics such as APR, uptime and commission. In case of indifference or indecisiveness, you should distribute your delegations among multiple validators in order to minimize risk.

How to Stake?

New Delegators Quick, Simple Walkthrough:

โœ๏ธ Using the new extension create a new wallet or recover an existing one using seed words.

๐Ÿ‘€ Choose a validator (or a few)

๐Ÿ’ฐ Stake your tokens

๐Ÿค‘ Earn block rewards every 2 seconds.

More Questions?

๐Ÿ’ป Download the ONEwallet extension from

๐ŸŽฏ Next head over to the

Happen to be a more visual learner? Be sure to like and subscribe if you find the video(s) helpful.

For a deeper understanding of the staking mechanism, please refer to under the Validators section.

For more questions, check our section.

๐ŸŽถ
Coinmarketcap Markets
Defi DApps
Holders
DApps
https://staking.harmony.one/
Block Reward
here
Staking Dashboard
Check out Harmony Protocol on YouTube!
Terms & Concepts
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