Delegation of LikeCoin
Saving all the LikeCoin and don't know what to do with it? Consider to delegate your LikeCoin to a validator and earn rewards
Delegation / Staking means delegating LikeCoin to one or more validators to earn rewards. Likers who delegate LikeCoin to validators can directly vote for proposals or let the validators represent them to raise proposals and vote for or against them when they don't have time to handle it. Delegation demonstrates liquid democracy and is vital to the autonomy of the LikeCoin DAO.
There are several ways to stake LikeCoin. We suggest using dao.like.co together with Keplr Browser Extension, Cosmostation Browser Extension or Authcore to delegate.
Additionally, you may also use your mobile to delegate:
Go to dao.like.co and select Keplr Browser Extension, Cosmostation Browser Extension or Authcore to log in.
Go to dao.like.co and select Keplr Browser Extension, Cosmostation Browser Extension or Authcore to log in
Click "Validators" in the left-hand side menu and select the validator to which you want to delegate.
Please note that the commission rate of each validator may not be the same.
On "Validators" select the validator to which you want to delegate
Click "Stake" in the upper right corner of the validator to delegate.
Click "Stake" in the upper right corner of the validator to delegate
The Stake page appears. Enter the amount of LikeCoin you want to delegate and click "Next".
Enter the amount of LikeCoin you want to delegate and click "Next"
Click "Next" to proceed
Confirmation is required. Keplr and Cosmostation users will need to approve a pop-up box to confirm the delegation after clicking "Send". Authcore users directly click "Send".
Click "Send"
After the "Sent and confirming" message appears, you will see "Successfully staked!" indicating that the delegation is completed.
Sent and confirming
Successfully staked!
Click "Portfolio" in the left-hand side menu to see "You Stake" showing the successful delegation and delegation amount.
Click "Portfolio" in the left-hand side menu and check the details
Click "Portfolio" in the left-hand side menu, and click on "Claim Rewards" in the top right-hand corner.
Click "Claim Rewards"
The Claim Rewards page appears, click "Next".
The Claim Rewards page appears, click "Next"
Confirmation is required. Keplr and Cosmostation users will need to approve a pop-up box to confirm it after clicking "Send". Authcore users directly click "Send".
Click "Send"
After the "Sent and confirming" message appears, you will see "Successful withdrawal!" indicating that your rewards have been successfully claimed.
Sent and confirming
Successful withdrawal!
Keplr users can withdraw rewards directly on Keplr by clicking "Claim".
Withdraw rewards directly on Keplr by clicking "Claim"
Cosmostation users can withdraw rewards directly on Cosmostation by clicking "Claim Reward".
Withdraw rewards directly on Cosmostation by clicking "Claim Reward"
On the Cosmostation app, click "Delegate"
Select the validator that you want to delegate on the "Top" menu of the Validator List.
Select the validator on the "Top" menu of the Validator List
Click "DELEGATE".
Click "DELEGATE"
Enter the amount of LikeCoin you want to delegate and click "Next".
Enter the amount of LikeCoin you want to delegate and click "Next"
Fill in the Memo (if any), click "Next".
Click "Next"
Click "Next"
Reconfirm the delegate amount and transaction fee and click "Confirm".
Click "Confirm"
The "Delegate Notice" will appear. Read it and click "Confirm" again.
"Delegate Notice" click "Confirm" again
Enter the PIN to confirm.
Enter the PIN to confirm
The delegation is complete and transaction details are displayed. Press "Share" to share or "Explorer" to view the details in the Mintscan block explorer. Click "Done" when finished.
Delegation completed, press "Share", "Explorer" or "Done"
On the "My" page of the Validator List, select "One Click Claim all Rewards" to withdraw delegation rewards from all validators. Click "One Click Compounding" to reinvest the rewards to increase the delegated amount.
On the "My" page of the Validator List click "One Click Claim all Rewards" or "One Click Compounding"
Alternatively, click on each validator to "Claim Reward" or "Compounding" one by one.
Cick on each validator to "Claim Reward" or "Compounding"
On the CLAIM REWARD or Compounding page, click "Next" and then "Confirm" to withdraw rewards.
Click "Next" and then "Confirm" to withdraw rewards
Click "Stake"
Click "Stake"
Select a validator by choosing one from the "Choose a Validator" page.
Select a validator by choosing one from the "Choose a Validator" page
Enter the amount of LikeCoin you want to delegate and click "Review".
Enter the amount of LikeCoin you want to delegate and click "Review"
Click "Stake LIKE" to complete the delegation
Click "Claim" on the Stake page.
Click "Claim" on the Stake page
The number of rewards that can be claimed will appear. Click "Claim Rewards" to claim them.
Click "Claim Rewards"
You can also use the Liker Land app to stake LikeCoin. You may check out the tutorial clip and the step-by-step instructions below.
Open the Liker Land app and click "My Wallet" to enter the wallet page. On this page, you can check the amount of LikeCoin you have and see a list of validators below. Select one of them as you like.
Click "My Wallet"
Scroll down to see other validators
Click "All validators" to check out all validators
Please note that the commission rate of each validator may not be the same.
Select a validator and bring up the page below, which lists the percentage of rewards, voting power, and how much LikeCoin is being delegated to this validator (Liker Share).
Click "Delegate" and go to the next page.
Click "Delegate"
Click "Delegate" to bring up the following page, enter the amount of LikeCoin that you would like to delegate to the validator, then click "Next".
Enter the amount of LikeCoin to delegate and click "Next"
The confirmation page is displayed, showing the validator's wallet address. Click "Details" to reconfirm the amount to delegate and check the estimated transaction fee.
Click "Confirm", and after a few seconds, it displays "Transaction Completed," which means delegation of LikeCoin is completed.
Click "Confirm" to complete the delegation
A validator with your delegation will be displayed as green.
Going back to the wallet page, you can drag down the screen and refresh the wallet status.
The LikeCoin rewards earned from delegation will be released every 5 or 6 seconds, quicker than monthly interest from the bank! You can check out the "Delegating Rewards" amount from the validator page or click "Withdraw Rewards" to save the rewards back to your wallet. The minimum withdrawal amount on the Liker Land app is 1 LikeCoin.
Last modified 13d ago