In this article, I will show you how to activate WAVES staking/leasing via the WX.Network (Exchange/Wallet). With WAVES staking, you will receive WAVES and WDLPT assets as rewards. The return is ~8.43% p.a.

The yield is made up of the fixed rewards of 2 WAVES and 2 WDLPT per block and the dynamic network fees. The more the network is used, the higher the yield of the node. Accordingly, the return in a bull market/hype is higher than in a bear market.

It takes about 2 minutes to activate WAVES staking. However, WAVES staking only makes sense with a quantity of around 5-10 WAVES. 5 WAVES currently correspond to 7.89 USD.

Requirements for WAVES-Staking

• WX.Network Client WX.Network (download for Windows) → top menu/Downlaod/
• Your own WAVES wallet/address. You can find instructions here: WX.Wallet
• A node address. In this guide: 3PDr9kSfnVkoqQDFevDH7pJaks79osJtGiN
  
• At least 5 WAVES.

More about WAVES staking/leasing?

If you want to learn more about WAVES staking, you can find more information under Waves-Staking.

Let's get started - activate WAVES staking

Log in to the WX.Network/Wallet and hover over Investments (1) and then on WAVES Staking (2).

Next, press Stake to jump to the staking area.

You are now in the staking area of the WX.Network/Wallet. Here you can decide whether you want to stake your WAVES to a verified (1) or non-verified (2) node. It is of course recommended to choose a verified node. I.e. from the list (1).

The verified node Chaincheck is selected in these instruction. Now select a node from the list (1). You will then receive additional information about this node on the right-hand side (2).

Now you can activate staking. To do this, you must first enter the amount of WAVES you want to stake (1) and then press Stake (2).

Important note! Leave at least 0.05 WAVES on your wallet. Staking and unstaking costs transaction fees (0.001 WAVES), which you will need to be able to stop staking again (unstaking). Or you wait until the first payout is transferred.

You will now receive a message that your transaction is on its way. This means that your WAVES quantity has now been assigned to the staking of the selected node per transaction. You can close this message with OK.

Done! Your WAVES are now staked. You will receive your earnings in WAVES and WDLPT according to the node rules.

You can check at any time how many WAVES you have staked at the node. To do this, open the corresponding node (1). All stakes are listed there. You can end each stake individually by pressing x (2). This takes about a minute (WAVES block time).

Find nodes with the highest yield

In the WX.Network/Wallet you will find the verified nodes with their staking and payout returns. From Waves blocks and from the fees. Currently (as of August 2024), the WDLPT payout returns are not listed here. This overview will be revised by the WX.Network/Wallet team in the near future.

To find the best nodes, i.e. nodes with the best returns, I recommend visiting the Wavescap Nodes website. On this website you will find nodes with the highest payouts.

BlackTurtleNode (3PA1KvFfq9VuJjg45p2ytGgaNjrgnLSgf4r) und
Chaincheck.de (3PDr9kSfnVkoqQDFevDH7pJaks79osJtGiN)
stehen mit 100% ganz vorne.

Stop WAVES staking

To end staking, you must open the node (1) and then press the x (2). After approx. 1 minute, the staking is finished and your WAVES are back in your wallet. You can then sell your WAVES again or send them to other wallets, for example.

Questions & Answers about WAVES Staking

Are your rewards/earnings automatically re-staked??

No, your rewards/earnings will be transferred to your WAVES address. These then also belong to you. Accordingly, the node does not have the option of returning your WAVES to staking. You have to do this yourself.

Can the staking node stop staking?

No, only you can stop staking, as this can only be done via your WAVES address. As things stand at present, staking will never be terminated automatically. This means that staking remains active until you end it yourself.

Can the staking node take away your WAVES?

No, of course not! Only you have access to all your WAVES, even if they are in staking.

How to check the generated income?

Only those who stake their WAVES on Chaincheck can also use Stakingcheck to check how high their current yield is. Click here for the Waves Staking Check