Staking Osmosis (OSMO) with Wraith Wallet
Staking Osmosis (OSMO) allows you to earn rewards while contributing to the security of the Osmosis network. This guide walks you through staking OSMO using Wraith Wallet step by step.
TLDRβ
Your OSMO will be locked while staked.
Unstaking takes 14 days to complete.
The minimum staking amount is set by each validator.
Keep a small balance of OSMO for network fees.
β οΈ Always ensure you are using the latest version of Wraith Wallet before staking.
How to stake OSMO on Wraith Walletβ
Step 1 - Fund your Osmosis walletβ
Ensure your Osmosis wallet in Wraith Wallet is funded with OSMO.
You can buy OSMO directly within Wraith Wallet by tapping Buy.
Alternatively, purchase OSMO from exchanges such as Binance, Coinbase, or Kraken and then transfer to your Wraith Wallet.
β οΈ Always double-check the receiving address to avoid losing funds.
Step 2 - Open the stake screenβ
Open your Osmosis wallet in Wraith Wallet.
Tap Stake.
Review the displayed APR and lock period details.
Tap Stake again to continue.
Step 3 - Choose a validatorβ
Validators run the network and process transactions. You delegate your OSMO to one when staking.
β Consider validators with:
High uptime
Low commission fees
A strong reputation in the community
Step 4 - Enter stake amountβ
Enter the amount of OSMO you want to stake.
Leave a small amount in your wallet to cover network fees.
Tap Continue.
π‘ Minimum staking amounts vary depending on the validator.
Step 5 - Confirm the stake transactionβ
Review the stake details carefully, including validator and amount.
Tap Confirm.
Wait for the transaction to be finalised on the Osmosis network.
β You have successfully staked OSMO with Wraith Wallet.
OSMO staking rewardsβ
Current staking rewards average around 5.6% APR (subject to change).
Rewards begin immediately but must be claimed manually.
Actual returns vary depending on the validator selected.
Unstaking your OSMOβ
Your tokens remain locked for 14 days once unstaked.
Go to your staking details.
Tap Manage β Unstake.
Enter the amount of OSMO to unstake and confirm.
β οΈ Remember to keep a small amount in your wallet to pay transaction fees.
Is staking OSMO on Wraith Wallet secure?β
Yes. Wraith Wallet ensures your funds remain under your control.
Transparency: Open-source and publicly auditable.
Community collaboration: Improved over time through developer contributions.
No hidden backdoors: Public code helps protect against malicious activity.
By staking OSMO in Wraith Wallet, you earn rewards while strengthening the Osmosis network.
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