Jan 21, 2025
NAM Staking on Namada: A Quick and Easy Tutorial
Guides · 5 Minute Read · Written by Kamil Zawieja
TL;DR:
- NAM staking rewards come from token inflation, shielded rewards, and Public Goods Funding.
- Use the Namada Asset Page to track NAM staking details, including reward rates, validator count, and staking ratio.
- Choose operators wisely, using the Staking Rewards Verified Staking Provider (VSP) Program, considering metrics like commission, number of delegators, and staked balances.
- How to stake NAM in a nutshell:
Step 1: Go to Namada Apps, choose a user interface provider, and connect your wallet.
Step 2: Click on “Stake” and select the validator/s to stake with.
Step 3: Enter the amount of NAM tokens you want to stake and finalize the staking process by clicking “Stake” and confirming the transaction in your wallet.