How To Stake $Xpla With 01Node
How To Stake $Xpla With 01Node

How to stake $XPLA with 01node

XPLA is based on the idea of “Explore and Play”. XPLA is a blockchain gaming platform striving to create the ultimate NFT gaming experience.
January 4, 2023 written by 01NODE

XPLA is based on the idea of “Explore and Play”. XPLA is a blockchain gaming platform striving to create the ultimate NFT gaming experience.

What is XPLA

XPLA is based on the idea of “Explore and Play”. XPLA is a blockchain gaming platform striving to create the ultimate NFT gaming experience.

XPLA is the next generation of Web3 mainnet, developed with gamers at the core of its design. XPLA is the newest innovation in the Web3 gaming space, using COSMOS SDK for optimization. This new infrastructure serves as the bridge between Web2 and Web3 services, and will feature games, art, music and Dapps based on community-driven feedback from users. XPLA places heavy emphasis on User Experience and accessibility to craft the standard in game centric Web3 services, opening up limitless possibilities for blockchain gaming.

How To Stake $Xpla With 01Node

XPLA Chain

The XPLA chain was developed to set the standard for sustainable, long-term development of applications in the blockchain industry, focusing on gaming, content and entertainment that will continuously advance in the future. More broadly, the XPLA Chain has its sights set on becoming a blockchain digital media platform, which will be home to a variety of cultural content, including movies, music, art and games.

XPLA Vault Wallet

XPLA Vault is a digital wallet extension used to manage assets on the XPLA mainnet. Anyone can create their digital wallets through XPLA Vault to effectively control and manage digital assets they own in XPLA’s ecosystem.

XPLA Vault’s top-notch security features allow you to store your digital assets unconcerned. Experience an all-in-one system that lets you freely trade, control, and manage your digital assets with XPLA Vault.

How To Stake $Xpla With 01Node

How to stake your XPLA tokens with 01node

Firstly, you need to install the XPLA Vault extension on your Google chrome browser.

  • Create a new wallet by inputting the following
    • Wallet name
    • Password
    • Mnemonic(make sure you never share these words and store them somewhere private)
  • Top up your wallet so you can obtain an equivalent amount of XPLA
  • Proceed to stake with 01node. Go to XPLA Staking page and search for 01node
  • Click the Delegate button to start the staking process.
  • Choose the amount of tokens to stake. (We recommend leaving 1-3% to cover transaction fees to enable you unstake in the future with hurdles).
  • Click the Submit button.

On the Stake page, you will see all the information about the staking you’ve just initiated.
If you wish to unstake your XPLA tokens, go back to your validator’s page and click the Undelegate button. Then choose the amount you would like to withdraw and continue
Kindly note that it takes 21 days to unstake, and you can do this no more than seven times in one period.

In conclusion,

The process of delegating your tokens is quite seamless. However, if you ever run into any problems, 01node has a customer service representative available 24 hours a day, seven days a week. Please contact us by email or any of our social media accounts, and we’ll get back to you right away.

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