Ontology Node Staking on ONTO Web
Last updated
Was this helpful?
Last updated
Was this helpful?
Add ONTO Web Wallet to Chrome: https://chrome.google.com/webstore/detail/onto-wallet/ifckdpamphokdglkkdomedpdegcjhjdp
Create a wallet: https://publicdocs.gitbook.io/onto-web-help-center/getting-started/how-do-i-create-a-wallet
Import a wallet: https://publicdocs.gitbook.io/onto-web-help-center/getting-started/how-do-i-import-a-wallet
ONT and ONG are needed for participation in Ontology Node Staking. ONT is used to be staked to earn ONG. ONG is used to pay transaction fees of staking.
On ONTO Web Assets page, click on "ONT/ONG" to open the ONT/ONG asset page, then click on "Receive" to open "Receive ONT/ONG" page. Click on "Copy" to copy the address or scan the QR code to send ONT/ONG to this address.
Open Ontology Node Staking dApp website: https://node.ont.io/app
Click on the "Connect Wallet" button at the upper right of the website
Click on "Node Staking" to view the list of nodes. Nodes are by default ordered by estimated APR. You can click on the "Sort" icon to switch to ordered by Total Stake amount. The 15 nodes with the highest total stake amount of ONT are Consensus nodes. You can click on the "Filters" button to select node tepes, checkmarks, etc.
You can enter the name, address or public key of a node to search.
Click "View More" to view details of the node and to stake.
Enter the amount of ONT you would like to stake, then click on the "Stake now" button, and then confirm the transaction in the pop-up window of ONTO Web Wallet to complete the process.
On “My Stake” page, you can add or reduce stake amount.
If added in round ‘T’ Cycle, the status of the added stake will be "Processing" in the round ‘T’. And will be "Staked" in the round ‘T+1’ and start to generate ONG rewards.
If the status of the stake to be reduced is "processing", users will be able to withdraw staked ONT right away after the cancellation.
If the status of the stake is "staked' and is reduced in the round ‘T’ Cycle, (1) For candidate nodes, users will be able to withdraw ONT at the beginning of the round ‘T+1’. (2) For consensus nodes, users will be able to withdraw ONT at the beginning of the round ‘T+2’.
The current claimable ONG amount is displayed below "Claimable ONG". Click on the "Claim" button to claim ONG rewards.
You can click on the "Node Detail" to view more information about this node, such as fee sharing ratios.
