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Staking Coreum (CORE) through Ledger Live

This article describes how to delegate (stake) Coreum (CORE) through Ledger Live.

Before you start

How to stake your Coreum (CORE) through Ledger Live

  1. In Ledger Live, navigate to your Coreum (CORE) account, click Stake, read the informative slide and select Continue.



  2. Select a staking provider and click Continue.



  3. Select the amount of Coreum (CORE) coins to delegate and click Continue.
      For best practices, avoid staking your entire CORE balance. Keeping some CORE coins available ensures you can cover transaction fees when you decide to unstake your balance.



  4. Now, review the transaction details on your Ledger device using the buttons. If everything looks in order, navigate to the Approve screen and press both buttons simultaneously to sign the transaction to stake your CORE coins.



  5. Select Close.



    Once your transaction is confirmed on the Coreum blockchain, your delegated CORE stake will appear in the Delegation(s) section in Ledger Live.



     To increase your delegated stake with additional CORE coins, click on the Add button. Choose the amount of CORE you wish to delegate and confirm the transaction on your Ledger device. Once the transaction is confirmed on the Coreum blockchain, the added amount will instantly reflect in your Delegated balance and begin accruing staking rewards*.

How to claim your CORE staking rewards

  1. In your Coreum (CORE) account, navigate to the Delegations section, click Manage and Claim Rewards.



  2.  Next, select if you wish to Compound or Cash in your staking rewards then click Continue.
    • Cash in: The reward amount is added to your available balance.
    • Compound: The reward amount is redelegated to the same validator.



  3. Open the Cosmos app on your Ledger device.



  4. Review the transaction on your Ledger device using the buttons. If all looks in order, navigate to the Approve screen and press both buttons simultaneously to sign the transaction to claim your rewards.



    Done! A confirmation message should now appear in Ledger Live.

How to unstake (undelegate) your Coreum (CORE) coins

  1. Navigate to your Coreum (CORE) account, click Manage and select Undelegate.



  2. Select the amount to undelegate then click Continue.



  3. Review the transaction details on your Ledger device and if all looks good, navigate to the Approve screen and press both buttons simultaneously to sign the transaction to undelegate your CORE stake.



    Done! A confirmation message should appear in Ledger Live. Click Close.



     After unstaking, your CORE staking rewards will be immediately accessible and added to your available balance. The undelegated amount however will return to your available balance after a 5-day lock period.

Re-delegating a CORE stake

You can use the redelagating feature to easily and instantly change from one validator (delegator) to another. However, keep in mind that after making a change, there's a 7-day waiting period before you can switch validators again.

  1. In your Coreum (CORE) account, navigate to the delegation you'd like to modify and click Redelegate.



  2. Select your new delegator, the amount of CORE to redelegate then click Continue.



  3. Review the transaction details on your Ledger device and if all looks good, navigate to the Approve screen and press both buttons simultaneously to sign the transaction to redelegate your CORE stake.



    Done! A confirmation message should appear in Ledger Live. Click Close.



    Once the transaction has confirmed on the Coreum (CORE) network, the name of your new delegator will appear in Ledger Live.



    *Rewards are not guaranteed. Ledger does not provide any financial advice or recommendation. 

     

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