61 lines
2.4 KiB
Markdown
61 lines
2.4 KiB
Markdown
---
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sidebar_position: 3
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---
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# How to Delegate JKL Tokens to a Validator
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This guide will help you delegate your JKL tokens to a validator on the Jackal Protocol, which helps secure the network
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and earns you staking rewards.
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## Step 1: Set up a Keplr Wallet
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1. Install the [Keplr Wallet](https://wallet.keplr.app/) browser extension.
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2. Create a new wallet or import an existing one.
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3. Make sure you have some JKL tokens in your wallet.
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## Step 2: Choose a Dashboard
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1. [Jackal Dashboard](https://app.jackalprotocol.com/)
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2. [Ping Pub](https://ping.pub/jackal/staking)
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## Step 3: Choose a Validator
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1. Review the list of active validators and their details, such as commission, uptime, and self-delegation.
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2. Choose a validator that aligns with your preferences and click on "Delegate".
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## Step 4: Delegate JKL Tokens
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1. Enter the amount of JKL tokens you want to delegate.
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2. Click "Delegate" and confirm the transaction in your Keplr Wallet.
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3. Once the transaction is complete, you will see your delegated JKL tokens and earned rewards in the "Staking" or "
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Delegations" tab on the dashboards.
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## Step 5: Monitor and Manage Your Delegation
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1. You can redelegate your JKL tokens to another validator or undelegate (unbond) them if you want to withdraw your
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tokens. Note that there is a 14-day unbonding period during which your tokens are locked and not earning rewards.
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Now you have successfully delegated your JKL tokens to a validator on the Jackal Protocol, contributing to the network's
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security and earning staking rewards.
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### Reminder
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If you possess JKL tokens, you can temporarily lock them away to secure the protocol, this is called staking or
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delegating. In exchange for securing the network with your tokens, you receive rewards and the ability to vote on the
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Protocol’s future. These rewards come from newly generated JKL tokens and transaction fees.
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It should be noted that staking or delegating is not risk free, this is why it is important to learn about the risks and
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participate in sustainable staking practices.
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To decrease risk, it’s recommended that you do research on validators and select one you trust as well as delegate to
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multiple validators.
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#### Slashing by 0.01%
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Occurs if the validator you delegate to is offline for too long.
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#### Slashing by 5%
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Occurs if the validator signs two different blocks at the same block height. This is often caused by bad validator
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operation practices or malicious intent by the validator.
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