Slava Yanchuk

Product Owner at p2p.org.

5 posts
Avalanche How to delegate your AVAX using Avalanche wallet

<p>Avalabs has just launched its main network so AVAX holders can now participate in staking and earn rewards.</p><blockquote><em><em>Please keep in mind that the data in the screenshots are taken from the test network.</em></em></blockquote><h2 id="what-do-i-need-to-do-to-start-delegating-my-avax"><strong>What do I need to do to start delegating my AVAX?</strong></h2><p>At the time of writing the only known wallet that will support AVAX delegation immediately after Everest starts is the official Avalanche wallet. If you participated in the public sale of Avalanche tokens, you might already have a wallet and certain amount of AVAX (that also could be delegated despite it's locked up) if not, you need to create the wallet first.</p><h2 id="create-your-avalanche-wallet"><strong>Create your Avalanche wallet</strong></h2><ol><li>Go to the <a href="https://wallet.avax.network/">https://wallet.avax.network/</a></li><li>Choose the <code>Create new wallet</code> option.</li><li>Generate a 24 word key phrase for your wallet. Please be very careful since this phrase is the only way to keep control of your AVAX.</li><li>Once the wallet is ready you can deposit AVAX to start delegation.</li></ol><p><em>We recommend using the keystore file which is an encrypted version of a private key protected by your password, since it’s secure and convenient to use.</em></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/1-17.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/1-17.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/1-17.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/1-17.png 1600w, https://economy.p2p.org/content/images/size/w2400/2020/09/1-17.png 2400w" sizes="(min-width: 720px) 720px"></figure><h2 id="delegate-your-avax-to-a-validator"><strong>Delegate your AVAX to a validator</strong></h2><p>1. Open your wallet using the key phrase or keystore file.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/2-21.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/2-21.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/2-21.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/2-21.png 1600w, https://economy.p2p.org/content/images/2020/09/2-21.png 1654w" sizes="(min-width: 720px) 720px"></figure><p>2. Check whether you are connected to the main network called "Manhattan".</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/Screen-Shot-2020-09-22-at-10.36.48.png" class="kg-image" alt></figure><p>3. Check the balance. You will find the amount of available funds in the asset list on the <code>Portfolio</code> tab.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/4-13.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/4-13.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/4-13.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/4-13.png 1600w, https://economy.p2p.org/content/images/size/w2400/2020/09/4-13.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>4. Go to the <code>Earn</code> tab and use <code>Cross Chain Transfer</code> to send the necessary amount of AVAX to the Platform chain (P-Chain) to make the delegation possible. Please keep in mind that the minimum amount for delegation is 25 AVAX.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/5-7.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/5-7.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/5-7.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/5-7.png 1600w, https://economy.p2p.org/content/images/size/w2400/2020/09/5-7.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>5. Once you see the correct amount of AVAX under the P-Chain, you can proceed with the delegation by clicking the <code>Add Delegator</code> button.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/6-4.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/6-4.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/6-4.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/6-4.png 1600w, https://economy.p2p.org/content/images/size/w2400/2020/09/6-4.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>6. Now you have to choose a pool to delegate with. To stake with P2P just copy the Node ID and paste it in the search field.<br><br><strong>Node ID:</strong> <code>NodeID-7CCynVtyQVRBTCjzpfrsrSuaCTjXw7o3G</code> <br><strong>Delegation Fee:</strong> 8%<br><strong>End time</strong>: Sun, Dec 20, 2020<br><strong>Saturation point:</strong> 3M AVAX <br>Where saturation point is the total amount of stake that the node can accept.</p><p>7. Click the <code>Select</code> button.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/71.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/71.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/71.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/71.png 1600w, https://economy.p2p.org/content/images/size/w2400/2020/09/71.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>8. On the next page, specify the staking period, staking amount and rewards address. You will see the possible rewards by changing the amount and/or period.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/8-6.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/8-6.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/8-6.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/8-6.png 1600w, https://economy.p2p.org/content/images/size/w2400/2020/09/8-6.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>9. Click <code>Confirm</code> and check the stake parameters again.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/9-7.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/9-7.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/9-7.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/9-7.png 1600w, https://economy.p2p.org/content/images/size/w2400/2020/09/9-7.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>10. Finally, click the <code>Submit</code> button. You will get a success message.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/10-5.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/10-5.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/10-5.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/10-5.png 1600w, https://economy.p2p.org/content/images/size/w2400/2020/09/10-5.png 2400w" sizes="(min-width: 720px) 720px"></figure><h2 id="how-to-track-the-delegated-stake"><strong>How to track the delegated stake?</strong></h2><p>There is a "Estimated Rewards" tab in the Avalanche web wallet that shows your delegation history. </p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/image-2.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/image-2.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/image-2.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/image-2.png 1600w, https://economy.p2p.org/content/images/size/w2400/2020/09/image-2.png 2400w" sizes="(min-width: 720px) 720px"></figure><h2 id="why-p2p"><strong>Why P2P?</strong></h2><ul><li><a href="https://p2p.org/">P2P Validator</a> is a world-leading <strong><strong>non-custodial staking provider</strong></strong> with the best industry practices and proven expertise.</li><li>We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities securing more than <strong><strong>250 million of USD</strong></strong> value. At the time of publishing, P2P Validator is <strong><strong>trusted by over 2400 delegators</strong></strong> across 15+ networks.</li><li>We are a major player in all networks we support because of our experience, commitments and our <strong><strong>reputation</strong></strong>. We pay special attention to the process of <strong><strong>governance</strong></strong>.</li><li>Our aim is to provide a secure and reliable service at the lowest cost <strong><strong>maximizing rewards for our delegators</strong></strong>.</li></ul><hr><p><em>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking">Telegram</a> chat or contact Slava via [email protected] We are always open for communication.</em></p><hr><p><strong><strong>Web:</strong></strong> <a href="https://p2p.org/">https://p2p.org</a></p><p><strong><strong>Twitter:</strong></strong> <a href="https://twitter.com/p2pvalidator">@p2pvalidator</a></p><p><strong><strong>Telegram:</strong></strong> <a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></p>

Slava Yanchuk

from p2p validator

Cardano How to delegate your ADA with Ledger Nano S/X

<h1 id="how-to-delegate-your-ada-with-ledger-nano-s-x"><strong>How to delegate your ADA with Ledger Nano S/X</strong></h1><p>This guide will walk you step-by-step through the process of delegation in Cardano using the ledger device.</p><hr><p>First of all <a href="https://support.ledger.com/hc/en-us/articles/360006395553">download ledger live app</a> on your device, connect the ledger and <a href="https://support.ledger.com/hc/en-us/articles/360002731113">make sure it is up to date</a> with the actual version of firmware. Install Cardano app and check that the corresponding icon has appeared on the display of your ledger.</p><p>1. Go to <a href="https://adalite.io/">https://adalite.io/</a> and select hardware wallet as the preferred access method.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/mPTCCKj.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/mPTCCKj.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/mPTCCKj.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/mPTCCKj.png 1600w, https://economy.p2p.org/content/images/2020/09/mPTCCKj.png 2048w" sizes="(min-width: 720px) 720px"></figure><p>2. Press <code>Unlock with Ledger</code> button.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/YaJ8NQZ.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/YaJ8NQZ.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/YaJ8NQZ.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/YaJ8NQZ.png 1600w, https://economy.p2p.org/content/images/2020/09/YaJ8NQZ.png 2274w" sizes="(min-width: 720px) 720px"></figure><p>3. Select the Cardano icon in your ledger and confirm the export of the address.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/2aS4nQW.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/2aS4nQW.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/2aS4nQW.png 1000w, https://economy.p2p.org/content/images/2020/09/2aS4nQW.png 1058w" sizes="(min-width: 720px) 720px"></figure><p>4. Confirm the export of your keys with ledger. You may be asked to repeat the previous step and do it once more.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/1kroT4z.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/1kroT4z.png 600w, https://economy.p2p.org/content/images/2020/09/1kroT4z.png 928w" sizes="(min-width: 720px) 720px"></figure><p>5. Approve the export.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/1gkdndG.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/1gkdndG.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/1gkdndG.png 1000w, https://economy.p2p.org/content/images/2020/09/1gkdndG.png 1196w" sizes="(min-width: 720px) 720px"></figure><p>6. After successful confirmation the wallet info will be available on your device. If you have ADA on your ledger go to step <code>#6</code>. If not, scroll down to the list of your addresses and send ADA to one of them.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/UWZKjSJ.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/UWZKjSJ.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/UWZKjSJ.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/UWZKjSJ.png 1600w, https://economy.p2p.org/content/images/2020/09/UWZKjSJ.png 1850w" sizes="(min-width: 720px) 720px"></figure><p>7. Refresh the balance on the staking tab.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/5DVCRGt.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/5DVCRGt.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/5DVCRGt.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/5DVCRGt.png 1600w, https://economy.p2p.org/content/images/2020/09/5DVCRGt.png 1872w" sizes="(min-width: 720px) 720px"></figure><p>8. In the Delegate stake field you can put our pool ID. <strong><strong>P2P Validator Pool:</strong></strong> <code>33c1bf1a04ba85d8fd6119a08ee7f4ad659add075e2208b28862a2a1</code> Wait for the appearance of pool info as on the screen below and press <code>Delegate</code> button.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/fCn2ObX.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/fCn2ObX.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/fCn2ObX.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/fCn2ObX.png 1600w, https://economy.p2p.org/content/images/2020/09/fCn2ObX.png 1882w" sizes="(min-width: 720px) 720px"></figure><p>9. In the confirmation window double check that the pool info is correct. You will need to reserve <strong><strong>2 ADA</strong></strong> to create a staking address on top of the transaction fee. You will be able to return the reserve if you cancel staking and won't be using that address any more. This functionality is currently unavailable in ADAlite wallet. Click <code>Confirm</code> Transaction.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/YViqQLW.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/YViqQLW.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/YViqQLW.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/YViqQLW.png 1600w, https://economy.p2p.org/content/images/2020/09/YViqQLW.png 1666w" sizes="(min-width: 720px) 720px"></figure><p>10. In the following step you will be asked to confirm registration of a staking key and delegation via ledger. On the ledger screen you will see the slot and epoch when the delegation is made. Press <strong><strong>both buttons</strong></strong> to continue.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/aQTqESn.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/aQTqESn.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/aQTqESn.png 1000w, https://economy.p2p.org/content/images/2020/09/aQTqESn.png 1200w" sizes="(min-width: 720px) 720px"></figure><p>11. Confirm the registration of a staking key.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/ghc5AKi.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/ghc5AKi.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/ghc5AKi.png 1000w, https://economy.p2p.org/content/images/2020/09/ghc5AKi.png 1196w" sizes="(min-width: 720px) 720px"></figure><p>12. Confirm the delegation itself. It will become active after two epochs (~10 days). In Cardano there is no slashing so your funds are safe.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/vTe2I2o.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/vTe2I2o.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/vTe2I2o.png 1000w, https://economy.p2p.org/content/images/2020/09/vTe2I2o.png 1194w" sizes="(min-width: 720px) 720px"></figure><p><strong><strong>Congratulations! After completing all the steps you will see the updated info about your delegation in ADAlite wallet.</strong></strong></p><hr><h1 id="about-p2p-org"><strong>About P2P.org</strong></h1><p><a href="https://p2p.org/">P2P Validator</a> is a world-leading <strong><strong>non-custodial staking provider</strong></strong> with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities securing more than <strong><strong>300 million of USD</strong></strong> value. At the time of publishing, P2P Validator is <strong><strong>trusted by over 2300 delegators</strong></strong> across 15+ networks. We are a major player in all networks we support because of our experience, commitments and our <strong><strong>reputation</strong></strong>. We pay special attention to the process of <strong><strong>governance</strong></strong>.</p><blockquote><em><em>Our aim is to provide a secure and reliable service at the lowest cost <strong><strong>maximizing rewards for our delegators</strong></strong>.</em></em></blockquote><hr><p>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking">Telegram</a> chat or contact Slava via [email protected] We are always open for communication.</p><p></p><hr><p></p><p><strong>Web</strong>: <a href="https://p2p.org">https://p2p.org</a></p><p><strong>Twitter</strong>: <a href="https://twitter.com/p2pvalidator">@p2pvalidator</a></p><p><strong>Telegram</strong>: <a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></p>

Slava Yanchuk

from p2p validator

Cardano When will I start receiving my ADA rewards?

<h1 id="when-will-i-start-receiving-my-ada-rewards"><strong>When will I start receiving my ADA rewards?</strong></h1><p>Many of our community members have been asking around when they could start receiving rewards from delegated stake. And the short answer might be as follows: <strong><strong>you will begin receiving staking rewards three entire epochs after the epoch during which you delegated your ADA.</strong></strong> But let’s take a closer look at the delegation cycle.</p><hr><h2 id="delegation-cycle-explanation"><strong>Delegation Cycle Explanation</strong></h2><p>Below you can find a graph showing the delegation cycle on the <a href="https://cardano.org/">Cardano</a> network.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/ApO8ZLR.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/ApO8ZLR.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/ApO8ZLR.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/ApO8ZLR.png 1600w, https://economy.p2p.org/content/images/2020/09/ApO8ZLR.png 1630w" sizes="(min-width: 720px) 720px"></figure><p>First we need to determine a starting point. For example, <code>P2P</code> stake pool was registered on 11 August 2020. Thus, if you had delegated during the <code>210</code> epoch your stake would have been counted in the snapshot on the <code>210-211</code> epochs boundary.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/2.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/2.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/2.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/2.png 1600w, https://economy.p2p.org/content/images/2020/09/2.png 1630w" sizes="(min-width: 720px) 720px"></figure><p>Once the snapshot is taken, we have to wait for the current epoch to be finished so that the stake becomes <strong><strong>active.</strong></strong> In our case we are going to wait for the <code>212</code> epoch.</p><p>During the <code>212</code> epoch the snapshotted stake becomes <strong><strong>active</strong></strong> and participates in the <strong><strong>block minting process</strong></strong> according to the Ouroboros consensus engine logic.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/3.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/3.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/3.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/3.png 1600w, https://economy.p2p.org/content/images/2020/09/3.png 1630w" sizes="(min-width: 720px) 720px"></figure><p>In the following <code>213</code> epoch, the rewards will be calculated properly according to the stake size of each delegator.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/4.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/4.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/4.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/4.png 1600w, https://economy.p2p.org/content/images/2020/09/4.png 1630w" sizes="(min-width: 720px) 720px"></figure><p>Finally, you will be rewarded for your patience on the first day of the next epoch. In the <code>P2P</code> case it will be <code>214</code> epoch on August 28.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/5.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/5.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/5.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/5.png 1600w, https://economy.p2p.org/content/images/2020/09/5.png 1630w" sizes="(min-width: 720px) 720px"></figure><h2 id="takeaways"><strong>Takeaways</strong></h2><ol><li>Cardano is a long term investment so you have to make a decision about delegation/redelegation with caution.</li><li>You can terminate the delegation process at any moment by sending your funds from the staking wallet to a new wallet that wasn’t used for delegation. In this case you will not be rewarded for this epoch.</li><li>Once you make a change, for instance you added new funds to the staking wallet, the added stake will go through the delegation cycle from the very beginning.</li><li>Making change is a simple and safe process as any other normal transaction on the blockchain.</li></ol><hr><h1 id="about-p2p-org"><strong>About P2P.org</strong></h1><p><a href="https://p2p.org/">P2P Validator</a> is a world-leading <strong><strong>non-custodial staking provider</strong></strong> with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities securing more than <strong><strong>250 million of USD</strong></strong> value. At the time of publishing, P2P Validator is <strong><strong>trusted by over 2300 delegators</strong></strong> across 15+ networks. We are a major player in all networks we support because of our experience, commitments and our <strong><strong>reputation</strong></strong>. We pay special attention to the process of <strong><strong>governance</strong></strong>.</p><blockquote><em><em>Our aim is to provide a secure and reliable service at the lowest cost <strong><strong>maximizing rewards for our delegators</strong></strong>.</em></em></blockquote><hr><p>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking">Telegram</a> chat or contact Slava via [email protected] We are always open for communication.</p><hr><p><strong>Web</strong>: <a href="https://p2p.org">https://p2p.org</a></p><p><strong>Twitter</strong>: <a href="https://twitter.com/p2pvalidator">@p2pvalidator</a></p><p><strong>Telegram</strong>: <a href="https://t.me/P2P/polkadot"><a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></a></p><p><br></p>

Slava Yanchuk

from p2p validator

Cardano How to restore your ADA from previous legacy wallets using Daedalus

<h1 id="how-to-restore-your-ada-from-previous-legacy-wallets-using-daedalus"><strong>How to restore your ADA from previous legacy wallets using Daedalus</strong></h1><p>This guide is designed to help you to restore your ADA from legacy Daedalus, Yoroi or Hardware wallets.</p><blockquote><em><em>For those who have the previous Daedalus version wallets installed, there is an import feature which runs automatically and detects installed legacy wallets. Just select the wallets, click the ‘Import selected wallet’ button and follow the instructions.</em></em></blockquote><h2 id="create-a-new-daedalus-wallet"><strong>Create A New Daedalus Wallet</strong></h2><p>First of all, you need to create a new Daedalus wallet to load your funds from a legacy one. Ensure that you have the latest version of the wallet or download it from offical <a href="https://daedaluswallet.io/#download">Daedalus wallet</a> page.</p><p>1. After the sync has reached 100%, go to the dashboard and click the <code>Create</code> button.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/1.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/1.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/1.png 1600w, https://economy.p2p.org/content/images/2020/09/1.png 1909w" sizes="(min-width: 720px) 720px"></figure><p>2. Enter the name and password for the Wallet.</p><p>3. Create a spending password which will be required every time you do a transaction and click <code>Create Shelley wallet</code>.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/2-1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/2-1.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/2-1.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/2-1.png 1600w, https://economy.p2p.org/content/images/2020/09/2-1.png 1909w" sizes="(min-width: 720px) 720px"></figure><p>At the next step, you will be prompted on how to use the 24-word Recovery Phrase. <strong><strong>Read it carefully since if you lose your wallet recovery phrase you will not get a chance to take your ADA back.</strong></strong></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/3-1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/3-1.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/3-1.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/3-1.png 1600w, https://economy.p2p.org/content/images/2020/09/3-1.png 1914w" sizes="(min-width: 720px) 720px"></figure><p>Next, you have to verify the 24-word Recovery Phrase you have just got from the system.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/4-1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/4-1.png 600w, https://economy.p2p.org/content/images/2020/09/4-1.png 949w" sizes="(min-width: 720px) 720px"></figure><p>Wait for the wallet to be synced and then you can use it for new transactions or for moving your funds from restored legacy wallets.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/5-1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/5-1.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/5-1.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/5-1.png 1600w, https://economy.p2p.org/content/images/2020/09/5-1.png 1918w" sizes="(min-width: 720px) 720px"></figure><h2 id="restore-legacy-wallet"><strong>Restore Legacy Wallet</strong></h2><p>1. Click the <code>hamburger</code> icon to open the side-panel and click <code>Add wallet</code>.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/6.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/6.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/6.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/6.png 1600w, https://economy.p2p.org/content/images/2020/09/6.png 1915w" sizes="(min-width: 720px) 720px"></figure><p>2. Click the <code>Restore</code> button and select the type of the wallet. There are quite a few options you can use to restore the funds:</p><ul><li>You can restore your ADA from an older version of Daedalus such as <strong><strong>Bayron legacy, Shelley legacy or Bayron paper wallets.</strong></strong></li></ul><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/7.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/7.png 600w, https://economy.p2p.org/content/images/2020/09/7.png 945w" sizes="(min-width: 720px) 720px"></figure><p>If you have used <strong><strong>Yoroi</strong></strong> wallet and now for some reason would like to try Daedalus, you can employ the “Restore Yoroi wallet” feature to move your funds to a newly created Daedalus wallet.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/8.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/8.png 600w, https://economy.p2p.org/content/images/2020/09/8.png 942w" sizes="(min-width: 720px) 720px"></figure><p>You can also restore your funds from <strong><strong>Hardware wallets</strong></strong> such as <strong><strong>Ledger (Byron legacy wallet)</strong></strong> or <strong><strong>Trezor (Byron legacy wallet).</strong></strong> However, read the recommendations provided by IOHK team carefully to avoid exposing your hardware wallet private keys to security risks.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/9.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/9.png 600w, https://economy.p2p.org/content/images/2020/09/9.png 943w" sizes="(min-width: 720px) 720px"></figure><p><strong><strong>Overall, the process is the same for each kind of wallet:</strong></strong></p><ol><li>Go to the main dashboard and click <code>Add wallet</code> → <code>Restore</code>.</li><li>You will be prompted to select a type of legacy wallet. Select the one required and click <code>Continue</code>.</li><li>Enter Recovery phrase, Wallet Name and Password to restore the wallet.</li><li>Wait while your wallet syncs to see the legacy wallet and its balance in the user interface.</li><li>Transfer ADA to newly created Daedalus wallet.</li></ol><blockquote><em><em>Please keep in mind there will be a small fee in ADA to make a transfer from Bayron legacy to the new Shelley wallet.</em></em></blockquote><p><strong><strong>Once you have your funds in the newly created Daedalus wallet you can safely delegate them to a stake pool to start earning rewards</strong></strong></p><h1 id="about-p2p-org"><strong>About P2P.org</strong></h1><p><a href="https://p2p.org/">P2P Validator</a> is a world-leading <strong><strong>non-custodial staking provider</strong></strong> with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities securing more than <strong><strong>250 million of USD</strong></strong> value. At the time of publishing, P2P Validator is <strong><strong>trusted by over 2300 delegators</strong></strong> across 15+ networks. We are a major player in all networks we support because of our experience, commitments and our <strong><strong>reputation</strong></strong>. We pay special attention to the process of <strong><strong>governance</strong></strong>.</p><blockquote><em><em>Our aim is to provide a secure and reliable service at the lowest cost <strong><strong>maximizing rewards for our delegators</strong></strong>.</em></em></blockquote><hr><p>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking">Telegram</a> chat or contact Slava via [email protected] We are always open for communication.</p><p></p><hr><p></p><p><strong>Web</strong>: <a href="https://p2p.org">https://p2p.org</a></p><p><strong>Twitter</strong>: <a href="https://twitter.com/p2pvalidator">@p2pvalidator</a></p><p><strong>Telegram</strong>: <a href="https://t.me/P2P/polkadot"><a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></a></p>

Slava Yanchuk

from p2p validator

Cardano How to delegate ADA (Cardano) using Daedalus wallet

<p>This guide explains how to start delegating ADA (Cardano) and earning rewards with the official full node Daedalus wallet.</p><hr><h2 id="install-daedalus"><strong>Install Daedalus</strong></h2><ol><li>Go to <a href="https://daedaluswallet.io/#download">Daedalus wallet</a> page and download the latest version of the wallet</li></ol><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/1-9.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/1-9.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/1-9.png 1000w, https://economy.p2p.org/content/images/2020/09/1-9.png 1345w" sizes="(min-width: 720px) 720px"></figure><p>2.   After the download is completed, unpack and install Daedalus wallet on your system.</p><p>3.   Once the installation is done, launch the Daedalus app and go through simple steps such as: select your language, read and accept the terms and conditions etc.</p><p>4.   Wait for Daedalus to sync. Since the blockchain is over 6GB it could take hours depending on your internet speed.</p><p>5.   After the sync is over, you can proceed with the next steps.</p><blockquote><em><em>There might be issues with connections to the Cardano network, please see <a href="https://iohk.zendesk.com/hc/en-us/articles/360010522913">https://iohk.zendesk.com/hc/en-us/articles/360010522913</a></em></em></blockquote><h2 id="create-a-new-daedalus-wallet"><strong>Create A New Daedalus Wallet</strong></h2><ol><li> After the sync has reached 100%, go to the dashboard and click the <code>Create</code> button.</li></ol><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/2-13.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/2-13.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/2-13.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/2-13.png 1600w, https://economy.p2p.org/content/images/2020/09/2-13.png 1909w" sizes="(min-width: 720px) 720px"></figure><p>2.   Enter the name and password for the Wallet.</p><p>3.   Create a spending password which will be required every time you do a transaction and click <code>Create Shelley wallet</code>.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/3-10.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/3-10.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/3-10.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/3-10.png 1600w, https://economy.p2p.org/content/images/2020/09/3-10.png 1909w" sizes="(min-width: 720px) 720px"></figure><p>4.   At the next step, you will be prompted on how to use the 24-word Recovery Phrase. <strong><strong>Read it carefully since if you lose your recovery phrase wallet you will not get a chance to take your ADA back.</strong></strong></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/4-12.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/4-12.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/4-12.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/4-12.png 1600w, https://economy.p2p.org/content/images/2020/09/4-12.png 1914w" sizes="(min-width: 720px) 720px"></figure><p>5.   Next, you have to verify the <strong><strong>24-word Recovery Phrase</strong></strong> you have just got from the system.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/5-6.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/5-6.png 600w, https://economy.p2p.org/content/images/2020/09/5-6.png 949w" sizes="(min-width: 720px) 720px"></figure><p>6.    Wait for the wallet is synced and you can use it for new transactions or for moving your funds from restored legacy wallets.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/6-3.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/6-3.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/6-3.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/6-3.png 1600w, https://economy.p2p.org/content/images/2020/09/6-3.png 1918w" sizes="(min-width: 720px) 720px"></figure><blockquote><em><em>For those who have the previous Daedalus version wallets installed, there is an import feature which runs automatically and detects installed legacy wallets. Just select the wallets, click the <code>Import selected wallet</code> button and follow instructions.</em></em></blockquote><p><br><strong>Delegate To A Stake Pool</strong></p><ol><li>Once you have some ADA in the newly created wallet you can delegate them to the stake pool.</li></ol><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/7-2.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/7-2.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/7-2.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/7-2.png 1600w, https://economy.p2p.org/content/images/2020/09/7-2.png 1912w" sizes="(min-width: 720px) 720px"></figure><p>2.    Click on the network icon in the left side panel to open the delegation centre.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/8-2.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/8-2.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/8-2.png 1000w, https://economy.p2p.org/content/images/size/w1600/2020/09/8-2.png 1600w, https://economy.p2p.org/content/images/2020/09/8-2.png 1909w" sizes="(min-width: 720px) 720px"></figure><p>3.   Select the wallet which holds the ADA you wish to delegate to a stake pool and click the <code>Delegate</code> button.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/9-4.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/9-4.png 600w, https://economy.p2p.org/content/images/2020/09/9-4.png 952w" sizes="(min-width: 720px) 720px"></figure><p>4.   The dialogue window will appear where you will be prompted with steps you need to go through. Click <code>Continue</code>.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/10-3.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/10-3.png 600w, https://economy.p2p.org/content/images/2020/09/10-3.png 955w" sizes="(min-width: 720px) 720px"></figure><p>5.    Choose a wallet with funds you want to delegate and click <code>Continue</code>.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/11-1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/11-1.png 600w, https://economy.p2p.org/content/images/2020/09/11-1.png 946w" sizes="(min-width: 720px) 720px"></figure><p>6.   Search the <strong><strong>“P2P”</strong></strong> pool ticker if you want to delegate to P2P Validator stake pool, select and click <code>Continue</code></p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/12-1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/12-1.png 600w, https://economy.p2p.org/content/images/2020/09/12-1.png 943w" sizes="(min-width: 720px) 720px"></figure><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/13-1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/13-1.png 600w, https://economy.p2p.org/content/images/2020/09/13-1.png 946w" sizes="(min-width: 720px) 720px"></figure><p>7.   Enter your spending password, confirm the delegation and enjoy rewards.</p><blockquote><em><em>Please keep in mind that your delegation will be counted two epochs later. Each epoch is exactly five days long. Therefore, you will begin receiving staking rewards after 10 days. You can track rewards under the <code>Rewards</code> tab.</em></em></blockquote><h1 id="about-p2p-org"><strong>About P2P.org</strong></h1><p><a href="https://p2p.org/">P2P Validator</a> is a world-leading <strong><strong>non-custodial staking provider</strong></strong> with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities securing more than <strong><strong>170 million of USD</strong></strong> value. At the time of publishing, P2P Validator is <strong><strong>trusted by over 2200 delegators</strong></strong> across 15+ networks. We are a major player in all networks we support because of our experience, commitments and our <strong><strong>reputation</strong></strong>. We pay special attention to the process of <strong><strong>governance</strong></strong>.</p><blockquote><em><em>Our aim is to provide a secure and reliable service at the lowest cost <strong><strong>maximizing rewards for our delegators</strong></strong>.</em></em></blockquote><hr><p>Do not hesitate to ask questions in our <a href="https://t.me/P2Pstaking">Telegram</a> chat or contact Slava via [email protected] We are always open for communication.</p><p></p><hr><p></p><p><strong>Web</strong>: <a href="https://p2p.org">https://p2p.org</a></p><p><strong>Twitter</strong>: <a href="https://twitter.com/p2pvalidator">@p2pvalidator</a></p><p><strong>Telegram</strong>: <a href="https://t.me/P2P/polkadot"><a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></a></p>

Slava Yanchuk

from p2p validator