ROSE (Oasis Network) staking guide via official Oasis Wallet

Oasis Network is the leading privacy-enabled and scalable layer-1 blockchain network to propel Web3 forward. The users can participate in the delegation of their ROSE token to earn staking rewardswhile contribute to the security of Oasis Network.

Here is the guide how to stake Rose:

Step1: Create an account of Oasis wallet.

Go to the wallet section on the Oasis website. Click 'Create wallet' to open an wallet account.

After clicking 'Create Wallet', a 24 words mnemonic phrase will be displayed. Write down the mnemonic phrase and save it in a safe place as there is no way to restore it in the event of a loss. After saving your mnemonic, click the checkbox 'I saved my keyphrase' and click 'Open my wallet'.

Enter your mnemonic phrase in the right order and make sure there are no spaces between the characters. Click 'Open my wallet'.

After this, your wallet will be created. You can now send, receive and stake ROSE using the address generated.

Step 2: Funding of the Oasis Wallet

ROSE is tradeable on several top exchanges like Binance, Coinbase, Bitfinex, and many more. Once ROSE is bought on any of the listed exchanges, it can be withdrawn to the ROSE address generated on the newly created wallet.

Step 3: Stake your ROSE

Go to the 'Stake' section on the Oasis web, where you will see the list of available validators.

Scroll down and find Coinpayu to stake. Set the amount you want to stake (note that the minimum staking amount is 100 ROSE) and click 'Delegate'.

Check transaction details, and if everything is correct, hit 'Confirm'.

If transaction was successful, you’ll see the following:

Congratulations! Your ROSE tokens are now being staked, which you will see under the section 'Active delegations', and you will start getting rewards after the first epoch (1 epoch = ~ 1 hour).