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Delegating for the LAMINA1 Betanet

If you're not interested in operating a node, not eligible to validate, or want to participate in staking in addition to validating, you can also delegate on the Lamina1 Betanet by following these steps:

  1. Log in or create an account on the Betanet Staking Wallet. If you don't have an account, follow the set-up instructions in Running a Betanet Node section above.
  2. Make sure you have at least 1 L1 Betanet token on the P-Chain of your Betanet Staking Wallet. Go to the #betanet-faucet channel on the Lamina1 Discord to receive L1 Betanet tokens if you don't have any.
  3. You can transfer tokens between the Betanet Hub and Betanet Staking wallet by using the 'Send' Tab on the Lamina1 Hub. Then, you'll have to transfer tokens between chains on the Betanet Staking Wallet using the 'Cross Chain' Tab on your Staking Wallet and paying a small gas/transaction fee. If you don't have any tokens in your Betanet Staking Wallet, start by transferring tokens from your Hub to your Staking Wallet's C-Chain address. Then head to the Cross Chain Tab to move those assets from the C chain to the P-chain.
  4. Go to the 'Earn' Tab in the Staking Wallet and select 'Add Delegator' from the four options presented in the menu. You will then see a list of nodes currently validating on the Lamina1 Betanet, along with information about the amount of their stake, their staking duration, and the number of delegators supporting each node.

NOTE: You must have at least 1 L1 Betanet token on the P-Chain to unlock the 'Add Delegator' button and pull up the list of available nodes.

5. When you've decided which node to delegate on (see advice above), hit the 'SELECT' button next to it, then enter the staking end date and amount of tokens you'd like to lock for staking. Confirm your choice, then click 'Submit' to start delegating.

6. If your delegation request is successful, you will get a confirmation message in the Betanet Staking Wallet stating 'Status: Committed.' Congratulations! You are now delegating for the Lamina1 Betanet.

Once you issue the transaction to add your stake to a delegator, there is no way to change the parameters. You can't remove your stake early or change the stake amount, node ID, or reward address.

If the validator that you delegate tokens to is sufficiently correct and responsive, you will receive a reward when you are done delegating. Delegators are rewarded according to the same function as validators. However, the validator that you delegate keeps a portion of your reward specified by the validator's delegation fee rate.

NOTE: The Betanet Staking Wallet has a few known bugs where users' staking/rewards balances are sometimes not displaying properly in the Betanet Staking Wallet. If your delegation balance is not showing up properly in the Betanet Staking Wallet (see what you should be seeing in an ideal use-case above), you can “force” the Betanet Staking Wallet to show it by doing a couple of X to P export transactions.

For a visual guide on how to delegate, see this guide on Lamina1 Medium.

Please note that like the Lamina1 Betanet, the Betanet Staking Wallet is under the control of the Open Metaverse Foundation and the Lamina1 community, and is no longer being supported by the Lamina1 core team.

There will be no rewards given to Lamina1 community members who delegate for the Lamina1 Betanet.