Skip to main content

Staking PICA on Composable Cosmos

This guide demonstrates the steps to transfer PICA to Composable Cosmos and stake PICA by delegating them to validators on the network.

Download the Leap extension​​

The following link allows you to download the Leap extension: https://www.leapwallet.io/download

Once downloaded and installed, click on 'Leap Cosmos Wallet' in your extensions where you will be redirected to setup your wallet.

Setting up an account​​

To setup an account on your Leap extension, you have the following three options:

  1. “Create new wallet” and then "Create new recovery phrase". Ensure you have secured your passphrase.
  2. Import an existing seed phrase or wallet.
  3. Connect a hardware wallet (If your PICA is on a ledger device)

To begin, you need to send PICA to Composable Cosmos. Go to https://app.trustless.zone/ and connect both your Polkadot and Leap wallet.

staking-uno

Head to the staking page on Leapboard and select the Picasso chain. Enter the amount of PICA you wish to stake, choose a validator to delegate your tokens to and press Stake.

staking-deus

Alternative Method​

Head to https://ping.pub/composable and connect your wallet. Select the 'Delegate' button and the validator you wish to delegate your PICA tokens to. Enter the amount of PICA you wish to stake.

tip

Ensure the 'Fees' are set to 0 after clicking the Advance option as outlined in the screenshot.

staking-quatro

You have now successfully staked PICA to secure Composable Cosmos!

note

The Composable Cosmos network requires PICA to be delegated to a validator to earn staking rewards. To unstake PICA after delegation, it must undergo a 21-day "unbonding" period to receive your tokens.