Nym Explorer release: stake directly from your mobile
A long-awaited real easter egg for the Nym community means you can now stake NYM via Keplr on the Nym network explorer
A long-awaited real easter egg for the Nym community means you can now stake NYM tokens via Keplr on the Nym network explorer
With this latest release it is now possible to delegate stake directly from the Nym Explorer. This unlocks a major usability issue for the Nym community: staking via mobile.
Languages: 中文 // Türkçe // 日本 // Française // Español // Português // Bahasa Indonesia // Русский // українська мова
The release includes an integration of the widely used Keplr wallet. This makes it far easier for anyone in the Cosmos ecosystem to start staking NYM tokens and help secure privacy as a fundamental right in the digital age!
This development is a direct response to Nym community’s request to make it easier for NYM token holders to delegate stake to mix nodes. Delegating stake is an essential part of the Nym DePin flywheel effect. It is a direct value transfer that rewards people in the Nym community for the added value of collectively ensuring high quality of service through staking rewards. (If this all sounds alien to you, scroll down to learn about NYM staking for beginners).
What do you need to know?
The Nym Explorer is a window into the Nym privacy mixnet. It allows people to browse all the different nodes that make up this global infrastructure, assess their performance, their reputation, where they are located and more. If you are a NYM token holder, the Explorer is likely one of your essential tools for selecting a mix node, delegate stake and start earning. But you would have had to copy the node’s ID from the explorer and then go to your Nym desktop wallet to delegate.
The Explorer release provides two new ways for anyone to stake their native NYM tokens: from their mobile phone using the Keplr application as well as from desktop browsers, using the Keplr browser extension.
The NYM token is the utility token of the Nym mixnet and was minted on Nyx, a fast-finality Cosmos SDK blockchain. With Keplr wallet being one of the popular wallets in the Cosmos ecosystem, the new release enables the broader Cosmos community to more easily take part in securing the Nym mixnet.
-
Holders of native NYM tokens can now stake on mix nodes using the Nym Network Explorer and a Keplr Wallet login.
-
Delegation is also possible through your mobile device, accessing the Nym Network Explorer ((https://explorer.nymtech.net/)) from the Keplr mobile wallet’s integrated browser.
-
This is just one step towards enabling more seamless staking in Nym. More wallets are lined up for NYM token integration. In the meantime, do get in touch with improvement proposals, ideas or feedback related through an email .
- For community built & maintained Nym mixnet explorers see Nodes Guru and Explore Nym for and by the community
Basic guides for beginners — stake your NYM tokens
Do you want to contribute to security privacy as a fundamental human right? And earn rewards for doing so? If you are a beginner, here is how to get started with the Nym token economics. First thing is to join one of the community channels. Here you will have the chance to win NYM tokens by participating in one of the weekly quizzes and contests and get more information on how to get hold of native NYM tokens. Then get the Keplr wallet or Nym desktop wallet to hold your tokens.
Staking means to lock up your tokens with a node in the network (you can unlock whenever you want). You will want to select a high quality node so you can earn good rewards and so that the network continues to perform well.
You will want to check in on your delegations every once in a while to make sure the nodes you selected are still doing a good job. And if you want to meet some of the operators and find out more about them, just join the Delegators channel in Discord or Element chat on Matrix!
Stake NYM using Keplr browser extension
Follow the below steps to delegate stake to a specific mix node from your browser
- Download and install the Keplr web extension for a supported browser. You can either create a new wallet or add an existing Nym account to the Keplr wallet using your mnemonic.
- Add the Nyx chain to your wallet, by selecting it on (https://chains.keplr.app)
- Send NYMs to your Keplr Nym address that you’ll delegate from.
- Navigate to the Nym network explorer: (https://explorer.nymtech.net) and click — Connect Wallet & authorize your Keplr to interact with the Nym explorer. Make sure that you have your Nym mainnet selected in Keplr!
- Use your criteria to filter the list of nodes (for newcomers: look for higher saturation, lower operating cost / margin nodes).
- Hit the delegate button next to your chosen mix node and approve the transaction in your Keplr wallet.
You can access your delegations under the “delegations” tab in the explorer. And remember: staking and un-staking takes up-to an hour, and your rewards auto-compound. You can always check your pending actions under the delegations tab.
Stake NYM from your mobile device using Keplr
- Download and install the Keplr mobile app.
- Set up an account (or import an existing Nym account using your mnemonic password) and navigate with the built-in browser in Keplr to: (https://chains.keplr.app), search for Nyx chain and add the chain.
- Once the Nyx chain is added, you can send NYM tokens from an exchange or another wallet that you want to delegate to.
- Open the integrated browser again in your Keplr wallet app, and navigate to the Nym network explorer: (https://explorer.nymtech.net/)
- Make sure you have Nym mainnet selected in Keplr!
- Click — Connect Wallet & authorise your Keplr wallet app to interact with the Nym explorer
- Use your criteria to filter the list of nodes (for newcomers: look for higher saturation, lower operating cost / margin nodes) and hit the delegate button next to your selected mix node
- Approve the transaction in your Keplr app
You can access your delegations under the “delegations” tab in the explorer. Remember: staking and un-staking can take up to an hour, and your rewards auto-compound. You can always check your pending actions under the delegations tab.
Join the Nym Community
Discord // Telegram // Element // Twitter
Privacy loves company
English // 中文 // Русский // Türkçe // Tiếng Việt // 日本 // Française // Español // Português // 한국인
Share
Table of Contents
Keep Reading...
Nym Wallet: your portal to building the private internet
What is the Nym Wallet, how can I use it, and why does it matter?
New mixnet integration: Nym for Monero!
New Nym mixnet integration launched for Monero desktop to secure the right to financial privacy and censorship-resistance