2 min read

bitsCrunch — How to Stake $BCUT Tokens with Luganodes

bitsCrunch Staking Guide

Cover Image

Published on

2 Apr, 2024

Introduction:

Built on a foundation of decentralized principles, BitsCrunch revolutionizes blockchain analytics and forensics. Powered by AI and accessible through intuitive APIs, the network offers unparalleled insights into NFTs, wallets, and digital assets across public blockchains.

In this guide, we’ll show you how to delegate your $BCUT tokens with Luganodes and start earning rewards in a few simple steps.

Validator Details:

Validator Name: Luganodes

Operator Address: 0x81a8a707aa5c05977cab249acc53561db661f2cd

Profile page for the Validator: https://app.bitscrunch.com/profile/0x81a8a707aa5c05977cab249acc53561db661f2cd/overview

*before we start make sure you have some $MATIC tokens on your Metamask, since you’ll be paying gas with $MATIC

Step-by-Step Staking Guide:

*In this guide we’ll be using MetaMask to stake $BCUT tokens

Step 1 — Import bitsCrunch to your Metamask wallet on the Polygon network

bitscrunch_staking_guide_1.png

  • Copy the Token Contract address to your clipboard

bitscrunch_staking_guide_2.png

  • Click on the Metamask Wallet Extension Icon on your browser

bitscrunch_staking_guide_3.png

  • Make sure you're on Polygon Mainnet and Click on Import Tokens

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  • Paste the Token Contract Address in the corresponding field

  • Click on Nextbitscrunch_staking_guide_5.png

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Step 2— Connect your wallet

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  • Click on Metamask

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  • Click on Sign

bitscrunch_staking_guide_9.png Step 3— Search for your Operator

  • Click on the search bar and type in “Luganodes”

  • When the option appears click on Luganodes to go to the Operators Profile page

bitscrunch_staking_guide_10.png

Step 4— Delegate your tokens

  • On the Operator profile page click on the Operating tab

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  • Click on Delegate

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  • Enter the amount of $BCUT tokes you wish to delegate and then click on Approve

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  • On the next page click on Next and the click on Approve

bitscrunch_staking_guide_14.png bitscrunch_staking_guide_15.png

  • Once the Approval is successful enter the amount of tokens you wish to delegate again and click on Delegate

bitscrunch_staking_guide_16.png

  • On the next page click on Confirm

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  • After a little while you should receive a delegation success message

  • In order to view your delegation click on you wallet on the top right, click on My Account, click on Participants and the click on Delegating

bitscrunch_staking_guide_18.png bitscrunch_staking_guide_19.png

About Luganodes

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 45+ 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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