<h2>Prerequisites</h2><h2>Where to buy STRD</h2><p>You can get STRD tokens at a cryptocurrency exchange, at a DEX, or within select wallets. You should always do your own research when selecting a reputable cryptocurrency exchange. For best security, it is not recommended to leave your tokens on an exchange, but transfer them to your non-custodial or cold/hardware wallet after procuring them.</p><ul><li><a target="_blank" rel="noopener noreferrer" href="https://app.osmosis.zone/?from=OSMO&amp;to=STRD">Osmosis Dex</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://www.coinex.com/en/exchange?currency=USDT&amp;dest=STRD#spot">Coinnex</a></li></ul><h2><br>Stride (STRD) wallets</h2><p><br>Stride has a variety of non-custodial wallets for you to choose from. We recommend that you use a hardware wallet such as Ledger otherwise we suggest using Keplr wallet. Compatible wallets include:</p><ul><li><a target="_blank" rel="noopener noreferrer" href="https://keplr.app/">Keplr</a><br>&nbsp;</li></ul><h2>How to connect Stride (STRD) to Keplr</h2><p>When setting up your Keplr wallet, it will automatically create a Stride account for you.</p><h2>Selecting Stride validators</h2><p>Please refer to the FAQ section titled ‘How do I choose Stride validators’ on <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/earn/stride/">this page</a> when selecting Stride validators. Also, you may want to utilize our criteria for verifying providers through the <a target="_blank" rel="noopener noreferrer" href="https://docs.stakingrewards.com/verified-provider-program/">Verified Staking Provider (VPS)</a> Program.</p><h2>How Staking Rewards for Stride (STRD) are Generated</h2><p>Learn how rewards are generated in the FAQ section titled ‘How are the rewards generated’’ <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/earn/stride/">here</a>.</p><p>&nbsp;</p><h2>How to stake Stride (STRD)</h2><h2>Step 1: Make sure you have a Keplr wallet</h2><p>Stake your STRD tokens using Ledger or Keplr wallet. We will use the Keplr wallet in this staking tutorial.</p><p><br>As a popular wallet in the Stride ecosystem, Keplr offers users the ability to stake tokens, access blockchain apps, and manage multiple tokens in one wallet. Simply connect your Ledger (if applicable) to Keplr wallet or use Keplr wallet directly to stake STRD. Install the <a target="_blank" rel="noopener noreferrer" href="https://chrome.google.com/webstore/detail/keplr/dmkamcknogkgcdfhhbddcghachkejeap?hl=en">Keplr browser extension</a> and deposit your tokens into this wallet before continuing onto step 2.</p><h2>Step 2: Go to the Stride staking portal and choose a validator</h2><p>After connecting your wallet, start staking and select validators. We recommend choosing validators from our <a target="_blank" rel="noopener noreferrer" href="https://docs.stakingrewards.com/verified-provider-program/">Verified Staking Provider (VPS) Program.</a> VSP validators have a blue tick on their logo <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/earn/stride/">here</a>.</p><p><br>Go to the <a target="_blank" rel="noopener noreferrer" href="https://wallet.keplr.app/chains/stride">Stride staking dashboard</a> and follow the steps below:</p><ul><li>Click the ‘Connect Wallet’ button in the top-right hand corner of the page</li><li>Select validators and click the ‘<strong>Deposit</strong>’ button on the ones you have chosen</li><li>Click ‘<strong>Stake</strong>’</li><li>Enter the amount of STRD you want to delegate</li><li>Click ‘<strong>Delegate</strong>’</li></ul><h2><br>Step 3: Finalize the transaction</h2><p>Enter the amount of STRD you want to stake, press delegate and approve the transaction in your wallet.</p><p><br>Congratulations! You have now staked your STRD tokens and will start earning those juicy staking rewards.&nbsp;</p><h2>Step 4: Track staking portfolio</h2><ul><li>Track your STRD staking rewards on the<a target="_blank" rel="noopener noreferrer" href="https://wallet.keplr.app/?tab=staking"> Stride staking dashboard</a>.</li><li>Monitor<a target="_blank" rel="noopener noreferrer" href="https://wallet.keplr.app/chains/stride?tab=governance"> governance proposals on Stride network</a> that may impact the staking mechanism.</li><li>Track the current and historical reward rates, validator count, number of unique Stride staking wallets, and staking ratio of the Stride network by visiting the <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/earn/stride/">Stride asset page</a>. To make better staking decisions, it's essential to understand these relevant data points. To learn how these data points could impact your staking rewards, please read more in the FAQ sections named “How do I choose Stride validators” and “How are the rewards generated” on the <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/earn/stride/">Stride asset page</a>.</li></ul><h2><br>Step 5: How to Unstake Stride (STRD)</h2><ul><li>To unstake your STRD tokens, follow the steps below:&nbsp;</li><li>Go to the staking dashboard</li><li>Click ‘<strong>Manage</strong>’ next to your chosen validator</li><li>Click ‘<strong>Unstake</strong>’</li><li>Sign the transaction<br>&nbsp;</li></ul><h3><strong>Maximizing Staked Stride (STRD)</strong></h3><p>Now that you have staked your STRD, you have four options which can be used to change your position. These options appear on the Stride Staking Portal. The options are:<br>&nbsp;</p><ul><li>Stake more</li><li>Redelegate</li><li>Compound your rewards</li><li>Claim reward</li><li>Unbond</li></ul><p><strong>Stake more&nbsp;</strong><br>You can add to your current delegation by clicking on the validators name and staking more STRD with them or any other validator.</p><p><strong>Redelegate&nbsp;</strong><br>Firstly, delegating from one validator to another can be done without waiting for the unbonding period. You might consider redelegating if your current validator raises their commission rate or gets jailed for misbehaviour on-chain. Once redelegated, you have to wait for 14 days before you are able to redelegate again.&nbsp;</p><p><br><strong>Compound your rewards</strong><br>Rewards are not auto-compounded. To get the most out of your tokens, you should consider claiming and staking your rewards more frequently, but consider that each transaction will cost you some gas. By using our <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/calculator/?asset=stride">Stride staking calculator</a>, you can calculate the optimal re-stake frequency for your amount of STRD. Some tools, such as restake.app, will enable you to pick a validator who will auto-compound your rewards for you, so keep this in mind. &nbsp;</p><p><strong>Claim reward</strong><br>The amount of accrued rewards will be available and shown in your dashboard. To receive your staking reward when it is credited, simply click Claim Reward on the wallet home screen.</p><p>Unbond<br>You can unstake your delegated STRD immediately, but tokens will be available in your wallet only after the end of the period of unbonding, which lasts 14 days. If you want just to change the validator, then there is no need to unstake, since you will not receive rewards throughout the entire unbonding period — just use the Redelegate function. In this case, the unbonding period does not apply.</p><p>&nbsp;</p><h2>Conclusion</h2><p>Staking is essential to Proof-of-Stake blockchains and comes with many benefits for investors and the network:<br>Investors earn yield from token emissions and/or transaction fees.<br>Stakers become eligible for airdrops as many networks prioritize granting these benefits to them.<br>Staking helps to secure the network<br>Staking from multiple participants helps decentralize the network<br>Stakers can participate in governance, as many PoS networks allocate governance rights based on the amount of tokens staked.</p><p>Congratulations! You are now not only getting the most out of your investment with compounded returns. YOU are also (in-)directly contributing to the decentralization, and the network security of Stride and thus contributing to the long-term success of your investment! Stride needs active stakers like you to become successful long-term.&nbsp;<br>Now share the tutorial with your friends so they can get to start staking as well!</p><p>Lastly, don’t forget to check out the Stride (STRD) asset page for more insights into staking STRD and drop us a message if you found this tutorial useful. Happy staking!</p>

How to Stake Stride (STRD)

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