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Staking Algorand (ALGO) with MyAlgo

This article describes how to sign up for the Algorand Community Governance Program with MyAlgo and get ALGO staking rewards*. Check the Algorand wallet page to learn more. 

Before you start

 Most importantly

  • Being a governor requires active participation in voting decisions.
  • Non-voting governors will not be able to collect ALGO staking reward at the end of a governance period.
  • As such, it's strongly recommended to familiarize yourself with the duties of a governor before committing ALGOs. More on this here.

Ready? Let’s dive in.

Install the Algorand (ALGO) app on your Ledger device

  1. Connect and unlock your Ledger device.
  2. Open Ledger Live and navigate to My Ledger.
  3. If asked, allow access to My Ledger by pressing both buttons on your Ledger device simultaneously. 
  4. In My Ledger, select the App catalog, search for Algorand (ALGO), and click Install.
    You're done.

Sign up to the governance program

  1. Connect your Ledger Algorand (ALGO) account to MyAlgo by following these steps.
  2. Next, open your browser and navigate to the Governance website.
  3. On the website, make sure an active governance period is selected.

  4. Select Connect Wallet >  My Algo Wallet then unlock MyAlgo with your password and click Connect.

  5. Select your Ledger account and click Connect.

  6. Select Use.

    Your Ledger Algorand (ALGO) account connects to the Governance website.
  7. Before you proceed to the next step, make sure your Ledger device is unlocked and the Algorand app is open on your device.
    Your Ledger device displays: Algorand Ready.
  8. Back to the website, select Commit ALGOs, choose how much ALGO you want to commit then click Commit Algos.

  9. Select Continue > Connect.
    MyAlgo is now waiting for your to sign the transaction on your Ledger device.
    Your Ledger device displays: Review Transaction.

  10. On your Ledger device, use the right button to review the transaction. If all looks good, navigate to APPROVE and press both buttons simultaneously to sign the transaction.
    A confirmation message will appear once the transaction is confirmed on the Algorand blockchain.

  11. Click Close.
    You're done.


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


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