Earn Cosmos delegation rewards

Earn Cosmos delegating rewards by delegating your ATOM to validators in Ledger Live. By doing so, you earn Cosmos delegating rewards while benefiting from the security of your Ledger hardware wallet. Learn how delegation works >

Before you start

  • Set up Ledger Live with your Ledger device.
  • Ensure that your Ledger device runs the latest firmware.

Add your Cosmos account

  1. Install the latest version of the Cosmos app (at least 2.16.0) on your Ledger device.
  2. Add a Cosmos account by clicking on Add account on the Accounts page. Learn more
  3. Receive some Cosmos in your account. Learn more

Delegate your assets

  How delegating works

By delegating your ATOM to a validator, you will be able to earn rewards. Delegated ATOM cannot be sent.

  1. Click on the Earn rewards button on your Cosmos account page.  
    Screenshot_2020-08-19_at_15.39.58.png
  2. Click on Continue to delegate your assets after reading the information window.
    Screenshot_2020-08-19_at_15.40.27.png
  3. Enter the amount of ATOM to delegate. By delegating a higher amount, you can get more reward.
    • You will have to select an amount to delegate and the validator you wish to delegate to.
    • Only the validators who are in the top 125 can distribute rewards. If a validator drops out of the top 125, they will no longer validate blocks, thus they no longer have rewards to distribute.
    • You may choose up to five validators in a single delegation operation.
    • You may choose an existing validator in your list to add more Atoms to the already existing delegation.
      Screenshot_2020-08-19_at_15.41.11.png
  4. Click on Continue.
  5. Verify and confirm the delegation operation on your Ledger device.
    • Open the Cosmos app after you've connected and unlocked your device.
    • Press the right button to review all operation details: Resource, Amount, validator information.
    • Press both buttons to Accept and send the operation. Choose Reject to cancel the operation.
      Screenshot_2020-08-19_at_15.42.20.png
  6. The Delegation operation is then confirmed.
  7. List of current delegations is available within the account information screen.Screenshot_2020-08-19_at_15.43.20.png

Note: When you delegate your ATOMs, they will remain locked. After ending a delegation, your ATOMs cannot be used for the 21 days that follow.

Claim your Rewards

How Claiming Rewards works

  1. When available, you will be able to claim your rewards through the Claim rewards button or through the Manage list of options.
    • Note that the Manage button is specific to a validator, while the Claim rewards button will let you choose the validator.
    • Claiming rewards will cost a fee. A warning message is displayed if the fee for a reward is higher than the reward itself.
      Screenshot_2020-08-26_at_10.25.07.png
  2. Two options are available when claiming rewards from a validator:
    • Cash in: The reward amount is added to your available balance.
    • Compound: The reward amount is redelegated to the same validator.
      Screenshot_2020-08-26_at_10.27.15.png 
  3. Click on Continue.
  4. Verify and confirm the Claim rewards operation on your Ledger device.
    • Open the Cosmos app after you've connected and unlocked your device.
    • Press the right button to review all operation details: Fees, validator information.
    • Press both buttons to Accept and send the operation. Choose Reject to cancel the operation.
      Screenshot_2020-08-26_at_10.31.52.png
  5. The Rewards claiming operation is then confirmed.

Undelegate your assets

  How Undelegation works

You are able to retrieve the delegated asset if needed.

  1. From the Delegation(s) list, Click on the Undelegate option available through the validator Manage button.
    Screenshot_2020-08-26_at_10.33.19.png
  2. Select the amount you want to undelegate, please note that:
    • Pending rewards will be cashed in automatically.
    • The undelegated amount will be locked for 21 days before being transferred to your available balance.
      Screenshot_2020-08-26_at_10.33.55.png
  3. Click on Continue.
  4. Verify and confirm the Undelegate operation on your Ledger device.
    • Open the Cosmos app after you've connected and unlocked your device.
    • Press the right button to review all operation details: Fees, Undelegated Amount, Validator information
    • Press both buttons to Accept and send the operation. Choose Reject to cancel the operation.
      Screenshot_2020-08-26_at_10.34.30.png
  5. The Undelegation operation is then confirmed.
  6. The 21 days undelegation countdown will be displayed in the list of Undelegation(s). You can have a maximum of 7 undelegations at the same time.
    Screenshot_2020-08-26_at_10.35.19.png

Note: When you undelegate your assets, your pending rewards are claimed automatically as a cash-in. This will not create a transaction.

Redelegate your assets

 How Redelegation works

You are able to redelegate your asset to another validator without waiting the 21 day required locktime period through the Redelegation operation.

  1. From the delegation list, Click on the Redelegate option available through the validator Manage button.
    Screenshot_2020-08-26_at_10.36.13.png
  2. Click on Continue to delegate your assets after reading the information window.
    Screenshot_2020-08-26_at_10.37.48.png
  3. Select a new validator and the amount you want to redelegate.

    Screenshot_2020-08-26_at_10.38.18.png
  4. Click on Continue.
  5. Verify and confirm the Redelegate operation on your Ledger device.
    • Open the Cosmos app after you've connected and unlocked your device.
    • Press the right button to review all operation details: Amount to redelegate, Fees, Source and Destination Validator information.
    • Press both buttons to Accept and send the operation. Choose Reject to cancel the operation.
      Screenshot_2020-08-26_at_10.39.01.png
  6. The Redelegate operation is then confirmed.
  7. You will find the new selected validator in the Delegation(s) list. Note that you cannot redelegate these ATOMs for 21 days afterwards.

Note: When you redelegate your assets, your pending rewards are claimed automatically as a cash-in. This will not create a transaction.

Risk about Cosmos delegations


The Cosmos blockchain can punish validators that don’t do their work appropriately through an event called
slashing. This will cause them to lose a part of their ATOMs.

  • When a validator undergoes a slashing, so will those delegating their ATOMs to them.
  • As of 20 April 2020, the amount slashed can vary between 0.01% to 5% of the amount of ATOMs delegated. This is subject to change. Rewards are not impacted by this.
  • Since you could lose a part of your ATOMs, we strongly recommend our users to research the validators they are about to delegate to. Ledger cannot be held liable for any slashed ATOMs.
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