Manage Staking ../../../_images/Staking.svg#

Use this guide to manage your staking delegations in Terra Station. To learn how to stake or withdraw rewards, visit the Terra Station desktop or mobile tutorials.

If this is your first time using Terra Station, follow the Terra Station tutorial.

Stake Luna#

Stake your Luna to a validator to start earning rewards. Before you stake, make sure you have Luna in your wallet. You can transfer Luna from an exchange or swap coins you have for Luna.

  1. Open Terra Station and click Staking.

  2. Select a Validator and click on their name in the Moniker column of the validator list.

  3. In the My delegations section, click Delegate. A new window will appear.

  4. In the Amount field, specify the amount of Luna you want to delegate, and click Next.

    Keep coins for fees

    Always keep some coins to pay fees with. Never stake your entire wallet amount. Without money for fees, you can’t make any transactions.

  5. Double check the amounts and fees. Enter your password and click Delegate.

Congratulations, you’ve just delegated Luna!

Withdraw staking rewards#

Rewards start accruing the moment you stake Luna. Monitor your rewards in the staking section of Terra Station. Once you have sufficient rewards, follow these steps to withdraw them:

  1. Open Terra Station and click Staking.

  2. To claim all rewards, click Withdraw all rewards in the upper right corner of the staking page. To withdraw rewards only from a single validator, click on their name in the list and click withdraw on their page. A new window will appear.

  3. Review the amounts and specify which coin you want to pay fees in.

  4. Enter your password and click withdraw.

Congratulations, you’ve just withdrawn your staking rewards!

Redelegate#

Redelegating lets you transfer staked Luna from one validator to another without waiting the 21-day unstaking period. Redelegating happens instantly.

Warning

When a user redelegates staked Luna from one validator to another, the validator receiving the staked Luna is barred from making further redelegation transactions for 21 days. This requirement only applies to the wallet that made the redelegation transaction.

  1. Open Terra Station and connect your wallet. Click Staking.

  2. Click on the validator you want to redelegate to.

  3. Under the My delegations section, click Redelegate.

  4. Select the validator you would like to redelegate from.

  5. Enter the amount of Luna you want to redelegate.

  6. Confirm the amounts. Enter your password and click Redelegate.

Your staked Luna will be transferred to the new validator.

Undelegate#

Undelegate Luna to unstake it from a validator. The unstaking period takes 21 days to complete.

Warning

Once started, the delegating or undelegating processes can’t be stopped. Undelegating takes 21 days to complete. The only way to undo a delegating or undelegating transaction is to wait for the unbonding process to pass. Alternatively, you can redelegate staked Luna to a different validator without waiting 21 days.

  1. Open Terra Station and connect your wallet. Click Staking.

  2. Click on the validator you want to unstake from.

  3. Click Undelegate under the My delegations section.

  4. Enter the amount of Luna you want to undelegate. Click Next.

  5. Confirm the amounts. Enter your password and click Undelegate.

Your staked Luna is unbonding. Please check back in 21 days to complete the process.