With transactions now available on the Kava Network, the time has come for those wishing to stake their Kavas and earn rewards to delegate their tokens. The following short guide should help you create your Kava wallet, send your tokens from an exchange to your wallet and then delegate them to our validator. Note that you need to have either a Ledger device (better security) or a mobile wallet (easier to use). For both methods we will be using wallets created by Cosmostation.
Delegating With Ledger
Let’s assume that you don’t have the Cosmos app installed on your Ledger. Go to the Legder Live application and make sure that you have Developer mode enabled in the Settings.
Select Manager in the left menu and search for the Cosmos app.
Install the app and open it on your Ledger device.
Go to Cosmostation Wallet. Select Kava-2 from the dropdown menu in the upper right corner of the page. Press Connect Wallet.
Choose Connect to Ledger.
You will see your Kava address. It starts with kava.
Now you need to send your Kava tokens from an exchange to your wallet. Use the address from the step above. After that return to Cosmostation Wallet. You should see your tokens in your wallet in a couple of minutes (refresh the wallet page if needed). When they arrive, go to the Reward section on the left pane of Cosmostation.
You will see a list of validators available for delegating. Scroll down to moonli.me validator and press Delegate.
Enter the amount you would like to delegate and press Generate & Sign Transaction. You will see the following window.
Press both buttons on the Ledger, select Sign Transaction and press both buttons again.
If all went well, you will see the following window. Press Confirm.
Congratulations! Your are now delegating to us!
After that you will be redirected to your wallet page where you can see your current delegations, re-delegate and undelegate your tokens, and claim rewards.
Delegating With Cosmostation Wallet
Install the Cosmostation mobile wallet. Launch the app. Press Create to create a new wallet.
Select KAVA Mainnet.
Save your seed phrase and create a PIN code to access your app. After that your wallet will be created.
Now you need to send your Kava tokens from an exchange to your wallet. Use the address from the app. After that return to the wallet. You should see your tokens there in a couple of minutes. Touch the Delegate button. It will take you to the following menu.
Go to the All tab. Scroll down to find the moonli.me validator and tap it.
Enter the amount you wish to delegate. Touch Next.
Touch Next again.
Set the transaction fee and touch Next.
Wait for transaction to confirm.
Congratulations, you are now delegating to us!
If you would like to re-delegate or undelegate your tokens or claim your rewards, you can do so from our validator menu in the app.