What Is The Cosmos Blockchain?
Check out our blog post here to learn more.
What Do I Need In Order To Stake ATOM on ShapeShift?
1. ATOM
2. A Native wallet or KeepKey connected to app.shapeshift.com. Check out our guide on importing your mobile (native) wallet from mobile to web here.
Staking Cosmos (ATOM) On app.shapeshift.com
1. Go to the DeFi section and toggle to the Earn tab. Select ATOM.
3. Click "Start Staking".
4. Enter the amount of ATOM you would like to stake. Click "Continue".
5. Confirm the details are correct. When ready, click "Sign & Broadcast".
6. That's it! Now you can view the transaction on chain or view your position.
Unstaking Cosmos
1. Follow steps 1 and 2 listed above and click "Withdrawal".
2. Enter the amount you wish to withdrawal. Click "Continue".
3. Confirm the details are correct. When ready, click "Sign & Broadcast". Please note: It will take 21 days to unlock your ATOM after you withdrawal your tokens.
4. That's it! Your withdrawal will now be pending. After 21 days the ATOM will be back in your wallet and available to send.
Viewing/Claiming Rewards
1. Go to the DeFI section -> ATOM -> Claim.
2. Follow the prompts on your wallet to claim the reward funds.
Note: Clicking "Claim" will allow you to claim any rewards you have earned so far. Keep in mind you will need to pay a small transaction fee when claiming your rewards.