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2: Stake EDG to Cloud with Polkadot.js

1. Bond your EDG and nominate Coinbase Cloud's validators
  • Go to the Polkadot UI
  • Click STAKING under NETWORK in the top navigation
  • Select the ACCOUNT ACTIONS tab in the Staking navigation at the top
  • Select + NOMINATOR at the top right of the screen
  • In the modal, select your stash account and, if applicable, controller account
  • Your controller will need to have nominal funds (5-10 EDG) to not be reaped and to pay for transaction fees
  • In the value bonded field, input the amount of EDG you’d like to bond

📘

Please leave at least 5-10 EDG in your stash account to pay for transaction fees

  • Select your preferred payment destination:
    • Select Stash account (increase the amount at stake) to compound your rewards on your Stash account (most common), or
    • Select Stash account (do not increase the amount at stake) to leave your rewards un-bonded and spendable in your Stash account
  • Click NEXT
  • Disable autoselect to enable searching for nominators
  • Search for and select the Coinbase Cloud validators:

📘

Coinbase Cloud validator information

Validator name: Bison Trails (1-8)
Validator addresses:
01: nzrQFMQQoQfby6DiPmurgxjnid7mY4UodbDMM6VYB9dwT3f
02: mEedJ2vr1voUs1DzaqjEHMwzSYDsTWDi3zavWQh11QCgsgy
03: icNUGMEYjc7r1EmyCNVHZKJLy7W3TobKU81gfqkg32dvreq
04: judSfKys1q1hrgzbuToWmZUF4LFj8QghKwfGTpfh8kvkjzm
05: kKSQ4DiUzL3WAkLE39oXmLDFRzqUyjRQAYgdsQf5MbgsEkg
06: mRSqvBBUEZZ5APGgKTXeW69zUYh5zWrKf724PdyFojnzSiB
07: nx7Be1NK8b2uV2bSHSxDPMJqNGAr6sc2i982shToqVHBVH7
08: kc9xgozPze2cvTDgnto1Ad497MJQPKm1eMozr5QsS7A9Uic

Please enter each of the Coinbase Cloud validator addresses from the list above when staking.
Selecting all validators from this list indicates your willingness to support any of them, and the protocol will then automatically allocate your stake to a subset of the validators from your nominated list that have been selected to participate and earn rewards each era. As such, selecting all validators increases your opportunities to earn rewards. Learn more in our Edgeware FAQ.

  • Click Bond & Nominate
  • Click Sign and Submit
  • Enter your stash password in the pop up
  • Click Sign the transaction
  • Wait for the Transaction Success banner to pop up. This process can take a while if the network is behind.

👍

Congratulations! You are now staked to a Coinbase Cloud validator.


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