How to Stake Stargaze (STARS) and Earn Rewards Using the Trust Wallet Extension

Stargaze (STARS) is a decentralized, community-driven blockchain network that gives you the opportunity to earn rewards through staking. When you stake your STARS tokens, you contribute to the security and stability of the Stargaze network while earning rewards for your participation. Trust Wallet, a secure and user-friendly crypto wallet, simplifies the staking process, making it accessible for both beginners and experienced users.

This guide will walk you through the entire process of how to stake STARS using Trust Wallet. From downloading Trust Wallet, to managing your staked tokens, you’ll find everything you need in this guide to stake STARS.

Before You Get Started

Remember that you can use Trust Wallet as your secure crypto wallet. Buy, sell, swap and stake crypto all in one place.

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What is STARS Staking?

STARS staking involves delegating your Stargaze (STARS) tokens to validators within the network to help secure and maintain the Stargaze blockchain. When you stake your STARS tokens, you actively participate in the network's consensus process, contributing to its security and stability. In return for your support, you earn rewards based on the performance of the validators you choose and the overall network conditions.

Validators use the staked tokens to validate transactions and produce new blocks, ensuring the network remains decentralized and secure. Stargaze staking does not require you to sell your tokens. Your STARS remain in your wallet and can continue to grow as you earn rewards over time.

Staking STARS with Trust Wallet makes the process simple and accessible, giving you a simple way to support the network while maximizing your earning potential.

Why Choose Trust Wallet for Staking STARS?

Trust Wallet is an excellent choice for staking STARS due to its user-friendly interface, robust security features, and seamless integration with the Stargaze network. Here's why Trust Wallet stands out for STARS staking:

• User-friendly interface: Trust Wallet offers an intuitive and straightforward platform that makes staking STARS easy, even for beginners. With just a few taps, you can delegate your tokens to a validator and start earning rewards.

• Security and control: As a non-custodial wallet, Trust Wallet ensures that you retain full control over your private keys and assets. Your STARS tokens are securely stored in your wallet, giving you peace of mind that your funds are safe.

• Comprehensive staking features: Trust Wallet provides all the tools you need to manage your staking activities. You can easily monitor your staked tokens, track rewards, and even switch validators if necessary, all within the app.

• Support for multiple cryptocurrencies: In addition to STARS, Trust Wallet supports a wide range of cryptocurrencies, allowing you to manage all your assets in one place. This makes it convenient to diversify your staking activities and optimize your rewards across different networks.

By choosing Trust Wallet for STARS staking, you benefit from a secure, easy-to-use platform that helps you maximize your staking rewards while supporting the Stargaze network.

Key Details for Staking STARS Using Trust Wallet

Before you begin staking STARS using Trust Wallet, there are some essential details to keep in mind to ensure a smooth staking experience:

Minimum Amount to Stake STARS

The minimum amount required to start staking STARS is 0.000001 STARS, enabling even those with smaller holdings to participate. This makes staking accessible to a broader range of users.

Lockup Period

When you stake STARS, your tokens will be locked up for a minimum of 14 days. During this time, your staked tokens cannot be transferred or sold. The lockup period is an important consideration, especially if you anticipate needing access to your tokens in the near future.

Earning Rewards

Once your STARS tokens are staked, you will start earning rewards based on the network's reward distribution schedule. The staking rewards are not set or controlled by Trust Wallet, but you can check the current rates directly within the app.

Choosing a Validator

Selecting a reliable validator is crucial for maximizing your staking rewards. Validators are responsible for securing the network and processing transactions, and their performance can directly impact the rewards you earn. Trust Wallet gives you a list of available validators within the app, allowing you to make an informed choice based on factors like commission rates, uptime, and community reputation.

How to Stake STARS Using Trust Wallet

Before you stake, be sure that you have the most up-to-date version of Trust Wallet.

Next, if you don’t have any STARS in your wallet, you can deposit crypto using the “Receive” button, or buy crypto directly using Trust Wallet.

Now you’re ready to stake and earn rewards. Staking can be done in just a few steps, and here’s how.

Note: Below, we’ll use staking STARS as the example, but the process is generally the same for each asset.

• Select the “Earn” button from the wallet home screen.

• Select the asset you want to stake, in this example it’s “STARS.”

• Select “Stake.”

• Choose the amount you want to stake, and choose the validator you want to use by selecting the Validator dropdown.

• Once you choose a validator, select “Continue.”

• Follow the remaining instructions to confirm your stake.

How to Unstake STARS in Trust Wallet

If you would like to unstake your STARS, simply follow the steps below:

• Navigate to ‘Earn’ on the main wallet page and select STARS.

• Choose the Unstake option and proceed as per the given instructions.

Note: You will not be able to withdraw your tokens while they are staked. If you want to withdraw your STARS, staked STARS takes 14 days to unstake. This is not something Trust Wallet controls.

In addition to staking crypto, Trust Wallet lets you manage and interact with 10M+ crypto assets across 100+ blockchains. Download the latest version of Trust Wallet today.

Closing Thoughts

Staking STARS using Trust Wallet is a simple and rewarding way to support the Stargaze network while earning rewards. Trust Wallet’s secure, user-friendly platform makes it easy for both beginners and experienced users to participate in Stargaze staking with confidence. By following the steps outlined in this guide, you can start staking your STARS tokens, manage your rewards, and contribute to the growth and security of the Stargaze ecosystem.

Disclaimer: Content is for informational purposes and not investment advice. Web3 and crypto come with risk. Please do your own research with respect to interacting with any Web3 applications or crypto assets. View our terms of service.

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Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.