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Archway — How to Stake $ARCH Tokens with Luganodes
Archway Staking Guide
Published on4 Jan, 2024
Archway is an incentivized L1 blockchain that allows developers to capture the value that their dapps create.
In this guide, we’ll show you how to delegate your $ARCH tokens with Luganodes and start earning rewards in a few simple steps.
Validator Name: Luganodes
Operator Address: archwayvaloper1eunmpgl2rspj38x26h9t8gr8226s2xd9szn3a8
Blockchain Explorer Link for the Validator:https://www.mintscan.io/archway/validators/archwayvaloper1eunmpgl2rspj38x26h9t8gr8226s2xd9szn3a8
Step 1 — Set up your Wallet
Once you’ve installed and set up your wallet, add $ARCH tokens to it and head over to Archway Connect
Step 2— Stake via Archway Connect
Head over to Archway Connect, connect your previously set up wallet and click on Stake.
Look for Luganodes under the list of active Validators and then click on Stake & Manage
Step 3— Enter Amount to Stake and confirm the transaction
Once you’ve selected Luganodes, Enter the amount of $ARCH you wish to stake and select Delegate
Approve the Transaction and wait for it to be processed
Once you’ve approved the transaction, you can manage your staked tokens by clicking on “My Delegates” find Luganodes on the list and click on “Stake and Manage”
Please note that Unbonding period on Archway is 21 days and your assets won’t be generating any rewards during that time
Step 1 — Unstake via Archway Connect
Head over to Archway Connect and click on Stake
Click on My Delegates
Find the validator you wish to unstake from, click on Stake & Manage and then click on Unstake
Step 2— Enter Amount to Stake and confirm the transaction
Enter the amount of Tokens you wish to Unstake and click on Unstake
Approve the transaction
Luganodes is a world-class, Swiss-operated, non-custodial blockchain infrastructure provider that has rapidly gained recognition in the industry for offering institutional-grade services. It was born out of the Lugano Plan B Program, an initiative driven by Tether and the City of Lugano. Luganodes maintains an exceptional 99.9% uptime with round-the-clock monitoring by SRE experts. With support for 36+ PoS networks, it ranks among the top validators on Polygon, Polkadot, Sui, and Tron. Luganodes prioritizes security and compliance, holding the distinction of being one of the first staking providers to adhere to all SOC 2 Type II, GDPR, and ISO 27001 standards as well as offering Chainproof insurance to institutional clients.
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