EARN REWARDS* BY STAKING YOUR ROSE
Staking your ROSE allows you to passively earn rewards for helping to secure the network.
Through Oasis wallet, and by pairing it with your Ledger hardware wallet, you can easily and securely delegate ROSE you want to stake.
You can freely choose a trustworthy validator to get competitive rewards, and you keep ownership of your Oasis coins.
WHY STAKING YOUR ROSE
The Oasis Network is a decentralized network that prioritizes privacy and uses a proof-of-stake system. Its purpose is to give users control and ownership of their data while supporting new applications in open finance and open data.
The network is designed with multiple layers, which makes it highly flexible, scalable, and future-proof. By separating consensus and smart contract execution into different layers, developers can deploy privacy-focused dApps at a lower cost.
The ParaTime Layer is where all smart contract execution occurs, and it allows for dynamic compute environments to be built, which enhances the network's scalability. Developers can experience a Web3 environment that is geared towards confidentiality and prioritizes privacy with the Cipher ParaTime. Oasis Network is the first confidential EVM compatible, so Solidity developers can easily switch to Web3 in a familiar environment with well-known tools to build Web3 dApps, such as DeFi, GameFi, NFTs, Metaverse, Data tokenization, and Data DAOs dApps.
Maximise your ROSE assets
Don't let your assets gather dust. Put them to work and make them grow with Ledger.
Secure the Oasis Network
When you do ROSE staking, you make the Oasis blockchain successful by securing the network and validating transactions.
ROSE STAKING IS BETTER WITH A WALLET APP THAT SUPPORT COLD STORAGE
Pairing your Ledger with a thrid-party wallet, allow you to grow securely your ROSE bag securely.
Keep full custody of your assets when you stake ROSE with the Oasis wallet, unlike with crypto exchanges.
Freedom of choice
It's up to you to choose which validators you want to stake your Oasis Network.
Earn ROSE coins
Proof-of-Stake protocols, such as Oasis Network, provide a means for token holders to earn rewards and engage in the protocol through staking. Staking involves staking your Oasis Network tokens either by becoming a node operator or by staking ROSE coins with a validator on the network.
When you stake your tokens as a node operator, you earn the right to propose and approve blocks on the network. You also maintain servers that are connected to the Oasis Network, which enables the Proof-of-Stake feature of the network. Alternatively, you can participate in the protocol without running an Oasis Network node by delegating or assigning your ROSE tokens to a chosen node operator on the network. The node operator will earn a commission from the rewards that are generated from your staked tokens.
Participating in the protocol benefits the network's decentralization and security while also allowing you to earn rewards. Validators are rewarded based on their stake for participating in the network, while delegators receive a share of the validator's rewards that is proportionate to their stake, minus the validator's commission (or delegation rate). The current base annual reward rate is 5% of the total supply.
ROSE staking calculator
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TUTORIAL FOR STAKING ROSE
Buy a Ledger hardware wallet
Ledger hardware wallets are the smartest way to securely store your ROSE tokens.
Set up your device and install the Oasis app
- Connect and unlock your Ledger device.
- Follow the setup steps.
- On Ledger Live, go to "My Ledger" and install the Oasis Network app.
Create an Oasis wallet
- Go to wallet.oasisprotocol.org and click on "Open wallet". Then, click "Ledger" when asked how to open your wallet.
- Click on "Select accounts to open". Your browser will open a pop-up window where you will have to select your Ledger device. Finally, click on Connect.
- Then another pop-up will appear where you can open one or more oasis accounts derived from the seed stored on your Ledger.
- The account from your Ledger device is now opened and you can use your Oasis wallet to receive, send, or stake ROSE.
Start ROSE staking
- Navigate to the 'Stake' section on the Oasis web interface, where you will see the list of available validators.
- Select the validator you want to stake with.
- Set the amount you want to stake and click 'Delegate'.
- Check transaction details, and if everything is correct, click 'Confirm'.
Other crypto to stake with Ledger
Want to learn more about staking?
We answer all the basic questions you might have in our Ledger academy: What is staking? What’s
between Proof-of-Stake and Proof-of-Work? What is a validator?
You can also take a look at our School of Block series on Youtube to learn how to get started in staking and make your money work for you.