ZetaChain staking guide

Guide to delegate/stake $ZETA, participate to help secure the network, become a governance member, and earn staking rewards.

· staking-guide PoS

What is ZetaChain ?

ZetaChain is the foundational, public blockchain that enables omnichain, generic smart contracts and messaging between any blockchain. It solves the problems of “cross-chain” and “multi-chain” and aims to open the crypto and global financial ecosystem to anyone. ZetaChain envisions and supports a truly fluid, multi-chain crypto ecosystem, where users and developers can move between and appreciate the benefits of any blockchain: payments, DeFi, liquidity, games, art, social graphs, performance, security, privacy, and so on.

ZETA Utility

The ZetaChain ecosystems as it relates to ZETA functions primarily through these core pillars:

  • The protocol provides fixed block rewards/incentives emissions of ZETA to validators that will transition to variable inflation after the initial fixed pool. These incentives (and slashing) underlie the proof-of-stake blockchain that aligns and secures the protocol.

  • Transaction (gas) fees paid in ZETA are distributed to validators, delegators, and other network participants in the Proof of Stake and protect the network from spam and DDOS attacks.

  • For cross-chain messaging, ZETA is burned on the source and minted on the destination, not only used for bundling gas but as the medium of value transfer between connected chains to facilitate value transfer without the creation of new wrapped assets.

  • Core Liquidity Pools comprised of ZETA and other external chain assets let users transact on ZetaChain and between connected chains (for gas on outbound transactions) through ZetaChain. The liquidity providers (LPs) receive trading fees and other liquidity incentives to provide liquidity for this in the form of native tokens, like native gas tokens.

What is Staking ?

Staking in PoS, is the process of locking your assets to participate in the proof of stake network. You cannot use the locked assets such as sending and swapping. However, you participate in securing blockchain networks such as ZetaChain, earning rewards from inflation as well as network fees and participating in governance.

How to Delegate/Staking $ZETA Via ZetaHub ?

1. Preparation

Add Network Zeta EVM in Metamask

2. Go to ZetaHub

Then go to the stake menu on the tool bar on the right.

  • zeta-stake-0

3. Find the genznodes Validator and click

  • zeta-stake-1

Note: If you search for genznodes and then it doesn’t appear, try editing the Items per page to 20 or 50

4. Delegate $ZETA

Input Amount > Click Delegate > Approve tx > Confirm

  • zeta-stake-2

Congratulations you have succeeded in staking $ZETA with genznodes

  • zeta-stake-4

We don’t know why when in the Validator Overview our commission became 6% the original was 5%. Maybe it’s BUG 🙂

  • zeta-stake-3

Additional

Sending $ZETA from Keplr to Metamask

  1. Open your Keplr
  2. Click $ZETA Balance
  3. If you haven’t added a network on Keplr please go to https://chains.keplr.app/ > Find ZetaChain > Add to Keplr .
  4. Copy your 0x.. address

  • Paste to recipient address > Input Amount > Next zeta-keplr-0

  • Approve tx zeta-keplr-1

  • And you’ve succeeded zeta-keplr-2

  • RPC Metamask Down ?

Don’t worry, you can temporarily replace it with: https://zeta-rpc-evm.genznodes.dev
Page for public endpoint ZetaChain Public Endpoint

Thanks !

Resource ZetaChain

Buy $ZETA

  • Support Cosmos $ZETA: Bybit
  • Support Evm $ZETA: OKX

// Zeta Explorer: https://explorer.zetachain.com/

Looking for a staking guide for other assets ?