LAVA Staking on Lava Network: A Quick and Easy Tutorial
by Kamil Zawieja
Published on July 29, 2024
TL;DR;
Lava Network incorporates restaking by allowing LAVA delegations to validators to be restaked to providers without requiring additional collateral.
LAVA staking rewards are generated from several sources, including Subscription Rewards, Incentivized RPC Pools, Block Rewards, and Provider Drops. Estimate your rewards using the LAVA Staking Calculator, helping you understand the potential staking APY.
Track your staking portfolio, including reward rates, validator count, and staking ratio, using the Lava Network Asset Page.
Choose validators and providers wisely using the Staking Rewards Verified Staking Provider (VSP) Program, considering metrics like commission, number of delegators, staked balances, and performance.
How to stake LAVA in a nutshell: Step 1: Navigate to the Lava Network Staking App and connect your wallet. Step 2: Enter the amount of LAVA you want to stake. Step 3: Select the Staking Type. Step 4: Select the Provider Pair. Choose a provider and a validator. Step 5: Finalize the staking process by clicking “Stake LAVA” and confirm the transaction in your wallet.
