This simple guide will walk you through the steps of staking your Regen Network (REGEN) tokens using the Keplr wallet extension and/or Ledger wallet.
Regen Network is a network to enhance regenerative land management through an improved alignment of economic incentives.
Regen is a PoS network, meaning contributors can stake their REGEN tokens to contribute to the security of the network and earn staking rewards in the process of doing so.
1) Visit wallet.keplr.app using your Chrome browser, where you will be asked to connect your Keplr extension.
If you have registered the Regen Network address with Ledger, make sure that your firmware is up to date. To check, unlock your Ledger hardware wallet and open the Cosmos application.
2) Login to your Keplr account. If you have multiple accounts click on the extension icon in the top right corner and select the account you used for Regen address registration.
3) Navigate to the Regen Network.
4) Press the Stake button.
5) On the Keplr dashboard, select P2P as the validator and click Manage.
6) Click Delegate.
7) Specify the amount of REGEN to stake and press Delegate.
8) Select the transaction speed and approve it - wait for a confirmation.
Congratulations, you have successfully delegated your REGEN tokens. This contributes to the security of the Regen Network and allows you to earn staking rewards in the process. Staking rewards are accrued in real time and should be claimed manually to re-stake achieving compounding effect.
Do you have issues with REGEN staking? Join our Telegram, and we can help you get set up as a delegator.
P2P Validator is a world-leading staking provider with the best industry security practices and proven expertise. At the time of the latest update, over $3 billion of USD value is staked with P2P Validator by more than 10,000 delegators across 25+ networks. Our infrastructure is under advanced monitoring with alerts and 24/7 technical support making it the best choice for institutional investors. We have been involved in Regen Network testnets and invested own funds intending to provide long term support.
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<p><a href="https://p2p.org/near">NEAR Protocol</a> is an open-source platform built to streamline the development and growth of decentralized applications (dApps). </p><p>NEAR is designed with security and performance at the core, allowing developers to create applications which manage high-value assets including money, identity and contractual information, whilst at the same time allowing for quick and efficient access. </p><p>With a focus on providing developers with a clean, user-friendly experience, NEARs approach to development is one focused around accessibility and scaling blockchain applications to accelerate the world’s transition to open, decentralized technologies. The protocol is a public, sharded, developer-friendly, proof-of-stake blockchain, making it an efficient platform due to its scalability and ease of use.</p><p>NEAR is compatible with Ethereum 1.0 today providing a complete integration with Solidity contracts (without the need for rewrites). Furthermore, an ETH-NEAR bridge allows for cross-chain interoperability and communication. This provides developers with flexibility and removes the need to fully commit to just one tech stack. </p><h2 id="market-size-potential">Market Size & Potential</h2><p>Near Protocol was launched in 2020 with a vision to give back control of financial assets and sensitive data to the users to which it belongs, with an ambition to build digital infrastructure for a new internet where evil actors are barred from manipulating it.</p><p>Similar to what has been developed by Ethereum and Polkadot, NEAR is a base-layer blockchain allowing for applications and programs to be built on top of it. Imagine Amazon’s AWS, except controlled by the NEAR community. </p><p>Through the use of <a href="https://near.org/blog/the-beginners-guide-to-the-near-blockchain/">Sharding</a>, NEAR has a capacity to scale up significantly beyond the capabilities of existing blockchain solutions. Unlike with non-sharded networks, transaction fees on the NEAR network can be kept low due to congestion on the network being alleviated through dynamically expanding the system’s capacity via resharding.</p><h2 id="token-allocation-utility">Token Allocation & Utility</h2><p>The NEAR platform is built around NEAR - a token which enables holders to use, build and deploy applications, take part in the governance of the network and earn staking rewards in the process.</p><!--kg-card-begin: markdown--><p> </p> <!--kg-card-end: markdown--><figure class="kg-card kg-image-card"><img src="https://lh4.googleusercontent.com/RzQWj6MXQhRsAoLx2H9SwVaV0csfZ3IuJTF25tpNLZyVdd7W3rQcm1bFH7HDq0woP0xvXDnj0jr5yC8v3Tec1s4Y9WUkqNRDRWTzs-9BW7XFWB6LKD5E5MJv9XamXSEBQFtiLs-8" class="kg-image" alt></figure><!--kg-card-begin: markdown--><p> </p> <!--kg-card-end: markdown--><p>The NEAR token sale was conducted in August 2020 with a fundraising goal of $12,500,000 which was successfully met. Investors include MetaStable, Electric Capital, Accomplice, SVAngel, Amplify and HomeBrew. </p><!--kg-card-begin: markdown--><p> </p> <!--kg-card-end: markdown--><figure class="kg-card kg-image-card"><img src="https://lh5.googleusercontent.com/QDO53uGsKFjvI_svYrUOV6y0DXL8PXBkJGViIPZ3mU2h0EUVkxxt5qahiDMkvNT65-YZcpDdo-XeyhjQT0lqnjGIDWRVJjracdZryC63zsh7GUswd4wEbQ6c3ZXnj7MUmeDBipvq" class="kg-image" alt></figure><!--kg-card-begin: markdown--><p> </p> <!--kg-card-end: markdown--><p>The NEAR token is the manner in which users - developers, builders, community members, use applications on top of the NEAR network. By “use”, this refers to e.g. submitting transactions on the network. This makes the NEAR token an essential utility unit within the network.</p><p>The network utilises a “gas” model very similar to that deployed by Ethereum used to pay for transactions on chain. Through a “block-rewards-with-burn” model, NEAR supply decreases over time as token supply is burned with rates of high usage. The annual token emission is 5%, while the final inflation can fluctuate based on usage and transaction burns.</p><p>Even a negative inflation is a possibility based on the amount of fees burned. The effective inflation rate is calculated every epoch (½ a day). </p><p>NEAR validators are rewarded with a predetermined inflationary reward with incentives aligned to incentivise enhanced network usage through improving validator return rates and security.</p><h2 id="slashing-risk">Slashing Risk</h2><p>Currently slashing is turned off but it is considered to be added with an increase of shards in the system. </p><p>NEAR validators can be penalised in two primary ways resulting in a partial loss of a delegated stake:</p><ol><li>Double Signing: Signing two blocks at the same height.</li><li>Invalid Chunks: Producing a chunk with invalid data.</li></ol><p>These types of errors can occur for a number of reasons, both due to malicious intentions, as well as due to non-malicious errors or misconfigurations.</p><p>To better manage the risk of accidental slashing, NEAR network uses a progressive slashing system where the portion of slasked stake is a multiple of the amount of stake that exhibited the double signing behavior during the epoch in question.</p><h2 id="useful-near-resources">Useful NEAR Resources</h2><ul><li><a href="https://near.org/">Website</a></li><li><a href="https://near.org/papers/the-official-near-white-paper">Whitepaper</a></li><li><a href="https://near.org/blog/">Blog</a></li><li><a href="https://github.com/near">Github</a></li><li><a href="https://twitter.com/nearprotocol">Twitter</a></li><li><a href="https://t.me/cryptonear">Telegram</a></li></ul><p>To learn more about delegating NEAR with P2P, visit <a href="http://www.p2p.org/near">www.p2p.org/near</a>. </p><h2 id="about-p2p-validator">About P2P Validator</h2><p><a href="https://p2p.org/">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $3 billion in staked assets by over 10,000 delegators across 25+ high-class networks. Our infrastructure is under advanced monitoring with alerts and 24/7 technical support making it the best choice for institutional investors.</p><hr><p><em><strong>Web</strong></em>: <a href="https://p2p.org">p2p.org</a><br><em><strong>Stake NEAR with us</strong></em>: <a href="https://p2p.org/near">p2p.org/near</a><br><strong><em>Twitter</em></strong>: <a href="https://twitter.com/P2Pvalidator">@p2pvalidator</a><br><em><strong>Telegram</strong></em>: <a href="https://t.me/P2Pstaking">t.me/P2Pstaking</a></p>
<p>Mina is a decentralized proof-of-stake blockchain with a constant-sized chain of ~22kb, which is possible due to utilising zero knowledge proofs.</p><p><strong>Such a small size allows anyone to synchronise the chain almost instantly making participation in consensus quick and efficient.</strong></p><p>Developers will be able to build <a href="https://minaprotocol.com/docs/architecture/snapps">SNARK-powered applications</a>, Snapps, on top and empower privacy and data security features and users will be able to control their personal information through sharing proofs instead of the data itself.</p><h2 id="current-state-market-potential">Current State & Market Potential</h2><p>Mina Protocol was successfully launched on mainnet on March 23, 2021, after more than two years of continuous research and development.</p><p>The problem of personal data has become more relevant than ever. According to <a href="https://www.csis.org/analysis/economic-impact-cybercrime">CSIS</a>, two-thirds of people online suffered from bad actors resulting in leaks of personal data. Adding to this, more than <a href="https://notified.idtheftcenter.org/s/resource#annualReportSection">290 million identities were compromised</a> in 2020 alone.</p><p>Giving up the right to verify data by a single third party leads to the risk of giving it to the wrong entities. Through being a light-weight protocol,<strong> Mina allows anyone to run a node, increasing the number of participants who add up to the decentralization at lower cost of operating an infrastructure.</strong></p><p>For example, current Bitcoin chain size is over 320Gb while Mina would allow full node security with just ~22kb of data, by utilizing recursive zk-SNARKs (a type of zero knowledge proof), eliminating the requirement for nodes to store the whole chain state.</p><h2 id="token-allocation-utility">Token Allocation & Utility</h2><p><a href="https://minaprotocol.com/blog/mina-token-distribution-and-supply">Mina raised ~$29 million</a> from over <a href="https://minaprotocol.com/about">46 institutional backers</a>, including Accomplice, Paradigm, Fenbushi, Naval Ravikant and Bixin Ventures.</p><p>The overall token allocation looks as follows:</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/4LCyUILYTJx73CcdbQcprJiykrcsXh8OM1fCH0O8N2rWgNTq4K6To0kc3haEmCxOYPYnNl-AJJk2iCE3Ajsj_6oN6ZHTD7zKvkIc4DKDcMKk_VsrlN9pfYsnJ38N4Z7vuocSO_1M" class="kg-image" alt></figure><p>Mina native token is a staking unit serving the purpose of securing the network and incentivizing nodes to provide their services. Transaction fees are also denominated in the native MINA token, as well as SNARKs, which are necessary to maintain the lightness of the Mina blockchain.</p><p>There will be a MINA <a href="https://coinlist.co/mina">public sale via Coinlist</a> on 13th of April. To acquire tokens you should register in advance and await further instructions.</p><h2 id="staking-economics">Staking Economics</h2><p>Mina currently uses <a href="https://minaprotocol.com/blog/how-ouroboros-samasika-upholds-minas-goals-of-decentralization">Ouroboros Samasika</a> consensus. Block producers for a particular epoch (~14d 21h) are selected using verifiable random function and <strong>chances to win a slot are proportional to the delegated stake</strong>.</p><p>During the first year, block rewards will target an annual inflation of 12% decreasing down to 7% after 2 years. Each successfully produced block contains a coinbase (reward for producing the block), which is currently equal to 720 MINA. If the account that has won a slot has no locked up tokens on a balance (e.g. users who purchase tokens from the Coinlist sale), the block coinbase will be supercharged resulting in a double reward. Supercharged rewards are in place for the first 15 months of mainnet.</p><p><strong>Holders can delegate their funds in a non-custodial manner to earn a share of rewards in proportion to their stake.</strong> Staking since the beginning of the mainnet will result in higher returns for delegators.</p><p><em>We encourage delegators with locked tokens to transfer rewards to a separate fresh address and stake from there to increase the chances of a supercharged coinbase.</em></p><h2 id="slashing-risks">Slashing Risks</h2><p>There is no risk of slashing due to the specifics of Ouroboros consensus family. Nevertheless, in order to receive a reward a block producer must be online at a given time slot.</p><h3 id="useful-mina-resources"><strong>Useful Mina resources</strong></h3><ul><li><strong>Website</strong>: <a href="https://minaprotocol.com/">minaprotocol.com/</a></li><li><strong>Github</strong>: <a href="https://github.com/MinaProtocol/mina">github.com/MinaProtocol/mina</a></li><li><strong>Docs</strong>: <a href="https://minaprotocol.com/docs/getting-started">minaprotocol.com/docs/getting-started</a></li><li><strong>Technical</strong> <strong>Whitepaper</strong>: <a href="https://minaprotocol.com/static/pdf/technicalWhitepaper.pdf">minaprotocol.com/static/pdf/technicalWhitepaper.pdf</a></li><li><strong>Economic</strong> <strong>Whitepaper</strong>: <a href="https://minaprotocol.com/static/pdf/economicsWhitepaper.pdf">minaprotocol.com/static/pdf/economicsWhitepaper.pdf</a></li><li><strong>Blog</strong>: <a href="https://minaprotocol.com/blog/">minaprotocol.com/blog/</a></li><li><strong>Forum</strong>: <a href="https://forums.minaprotocol.com/">forums.minaprotocol.com/</a></li><li><strong>Community</strong>: <a href="https://discord.com/invite/Vexf4ED">discord.com/invite/Vexf4ED</a></li></ul><hr><p><em>Want to stake Mina with us? Visit p2p.org/mina to find out more about Mina staking and our special offer. </em></p><p><em>If you have any questions, feel free to join our</em><a href="https://t.me/P2Pstaking"><em> Telegram chat</em></a><em>, we are always open for communication.</em></p><p><em>Special thank you to <a href="https://twitter.com/etekis" rel="noopener noreferrer">Emre Tekişalp</a> for the contributions to this article.</em></p><hr><h2 id="about-p2p-validator">About P2P Validator</h2><p><a href="https://p2p.org">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $3 billion in staked assets by over 10,000 delegators across 25+ high-class networks. P2P Validator is an early genesis member and one of the early seed peer providers. We have been participating in Mina since the first testnet and intended to support Mina in the long term.</p><hr><p><strong>Web:</strong> <a href="https://p2p.org">p2p.org</a></p><p><strong>Stake MINA with P2P:</strong> <a href="https://p2p.org/mina">p2p.org/mina</a></p><p><strong>Twitter:</strong> <a href="https://twitter.com/p2pvalidator">@p2pvalidator</a></p><p><strong>LinkedIn: </strong><a href="https://www.linkedin.com/company/p2p-org/">LinkedIn.com/company/p2p-org</a></p><p><strong>Telegram: </strong><a href="https://t.me/P2Pstaking">t.me/P2Pstaking</a></p>