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How to stake Persistence (XPRT) through Ledger Live and get rewards

This article explains how to delegate XPRT through Ledger Live and get rewards*. Learn more

Things to know:

  • Note that your funds will be locked for 21 days.
  • Staking rewards depend on different factors including the network’s performance and node uptime.

Before you start

Delegate XPRT

  1. Connect your Ledger device to a computer.
  2. In the Ledger Live app, navigate to Accounts.
  3. Select your Persistence (XPRT) account.
  4. Click Stake.
  5. Enter the amount of XPRT you want to delegate then click Continue.
  6. Select Ledger by Chorus One as a validator and click Continue. You can also select a different validator. You can select 1 validator per staking transaction.
  7. Review the transaction details and click Continue.
  8. Review transaction details once again and press both buttons of your device to confirm the transaction:
    • Open the Persistence (XPRT) app after you connected and unlocked your device.
    • Press the right button to review transaction details.
    • Press both buttons to confirm the transaction. Press both buttons to select Reject and cancel the transaction.
    1.  

Claim your rewards

To claim your staking rewards:

  1. Navigate to the Stake page and click Claim rewards. Note: Claiming your rewards comes with a fee. 
  2. Select whether you want to:
  • Cash in: the reward amount is added to your available balance, or
  • Compound: the reward amount is redelegated to the same validator.
  1. Click Continue.
  2. Verify and confirm the transaction with your Ledger device:
    • Connect your Ledger device to a computer and unlock it.
    • Open the Persistence (XPRT) app.
    • Press the right button to review transaction details.
    • Press both buttons to confirm the transaction.
    • Press both buttons to reject the transaction.

All done. 

Undelegate your assets

  1. In Ledger Live, navigate to Accounts and select your Persistence (XPRT) account. 
  2. Go to the Delegations section and find the delegated balance. 
  3. Click ManageUndelegate.
  4. Enter the amount you want to undelegate.
    • Pending rewards will be cashed in automatically.
    • The undelegated amount will be locked for 14 days before being transferred to your available balance.
  5. Click Continue.
  6. Review and approve the transaction with your Ledger device.

You can reactivate your inactive balance and delegate it again or withdraw it to your XPRT balance.

Redelagete your assets

With redelegation, you can redelegate your assets to another validator without waiting for the required 14-day locktime period to end. 

From the delegation page:

  1. Click Manage Redelegate 
  2. Select a new validator and the amount you want to redelegate.
  3. Click Continue
  4. Confirm the transaction with your Ledger device:
    • Connect your device to a computer and unlock it.
    • Open the Persistence (XPRT) app on your device.
    • Press the right button to review transaction details.
    • Press both buttons to confirm the transaction. Choose Reject if you want to cancel the transaction.

You can find your newly selected validator in the Delegation(s) list. You can’t redelegate these XPRTs for 21 days afterward. When you redelegate your assets, your pending rewards are automatically cashed in.

 

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

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