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Introduction to Polkadot delegation

Polkadot is a network of interoperable but independent blockchains that share security.

You can learn more about Polkadot in our protocol overview.

Protocol parameters

Minimum tokens to stake

Variable

Waiting period to change nomination

Up to 24 hours

Unbonding period

28 days

Service fee

8% of rewards

There are two different types of accounts for managing your delegation funds in Polkadot:

A controller is used to make staking decisions, like nominating and bonding funds, but does not have direct control over the funds themselves.

A stash directly controls the funds, and designates a controller to be used to make staking decisions.

The stash/controller system is used to maintain secure control over one’s funds while still enabling users to make and change staking decisions easily. You must import your stash to the Polkadot UI in order to conduct the steps needed to stake your funds, including nominating them to the Coinbase Cloud public validator.

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COINBASE CLOUD VALIDATOR INFORMATION

Validator name: Coinbase Cloud
Validator addresses:
01: 1VrKDfXunzstY5uxPpjArUbZekirGXcpMDYvCBJmjV1KdEm
02: 16Dgcx1qJzp8kme1CWsySDf3JWd1oKtbChYVm2yAYqM44woY
03: 12Yz9HPcF66pAGpwEW5cyFZ59TFeXFGVnkuxTphC3Lrap29z
04: 12e1tkDgfF3GYdiTkRq1vunXrvvhpKq3BQZYbJ1haXHApQTn
05: 12eKZbGJKVyHfTPkUs9MrJeGkbFrZRqzhKBBeRJ3G3YoWPun
06: 12q76RYkETZ6UACiiznBicXgcXZ8EMFAuPv8QtfSrc6KSLYo
07: 1A2ATy1FEu5yQ9ZzghPLsRckPQ7XLmq5MJQYcTvGnxGvCho
08: 15V6NjwmKkZihe644Tyr8GVLxjEzBAHktf6ZcJCTx7RPCoYS
09: 124YFXA3XoRs9Epcx3aRUSk3EKYaznocqMWfrMKtGjx8TJ2W
10: 12ECDEb18Wiy4MoLn3NTM5zhJfDfpS4mLNvjHpcEr8ogGrMZ
11: 12HFymxpDmi4XXPHaEMp74CNpRhkqwG5qxnrgikkhon1XMrj
12: 12WmM98h4Ar6y7ZyyMKPXwSyuP5GSZvXTbEkDXm1tirbZFW4
13: 13BN4WksoyexwDWhGsMMUbU5okehD19GzdyqL4DMPR2KkQpP
14: 14XefeqDxiaVQEo7Xv7WBs3Wz8GZPes7DBjQxsNuxu683B9o
15: 1486kNkPxvF7Pmgfr4MskGnn4p4KXCigMejv5Q7szMowioKK
16: 14wFkAiTSxhUUdpkN37QMhZv6dYcURJVgSGwqDRd4TK2qhrL

Enter each of the Coinbase Cloud validator addresses from the list above when staking.

Selecting any or all validators from this list indicates your willingness to support those selected. The protocol automatically allocates your stake to a subset of the validators from your nominated list to participate and earn rewards each era. Selecting any or all validators increases your opportunities to earn rewards. Learn more in our Polkadot FAQs.


What’s Next

Explore supported wallets

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