ICP staking with NNS frontend dapp

Stake ICP utility tokens in a neuron

After you transfer ICP utility tokens to the Network Nervous System dapp, you can use the Network Nervous System dapp to create and manage neurons, vote on proposals, and create canisters on the Internet Computer.

Neurons are required to participate in governance and earn rewards. To create a neuron, you must lock up some number of ICP utility tokens for a period of time. The minimum stake required to create a neuron is one ICP utility token. You can configure the period of time the stake is locked from six months up to a maximum of eight years.

To stake ICP utility tokens:

1.Open a browser and navigate to the Network Nervous System (NNS) dapp.

2. Click Login to connect using your Internet Identity.

3. Verify your identification number, then click Login to authenticate using the device and authentication method you have registered.

4. Click Proceed to access to the Network Nervous System (NNS) dapp.

5. Click Neurons, then click Stake Neuron.

6. Type the number of ICP utility tokens to stake, then click Create.

7. Set the dissolve delay for the neuron to control the length of time the stake is locked, then click Update Delay.

8. Click Yes, I’m sure to confirm the lock up period, then close the window to review the newly-created neuron properties.

What you can do after creating a neuron

After you have locked the stake and created a neuron, you can:

• Start the dissolve delay timer by clicking Start Unlock.

• Increase the dissolve delay period by clicking Increase Dissolve Delay.

• Stop the dissolve delay after starting the unlock countdown by clicking Lockup.

• Increase the number of ICP utility tokens you have staked.

Starting and stopping the dissolve delay

Creating a new neuron does not automatically start the dissolve delay timer. You must explicitly start the timer countdown by clicking Start Unlock.

For example, if you set a dissolve delay of one year and want to immediately begin the countdown, you should click Start Unlock as part of the process of creating the neuron. If you change your mind and want to stop a current countdown in progress, you can click Lockup, After you click Lockup to stop the dissolve delay, you can click Start Unlock to resume the countdown without changing the existing dissolve delay period. If you want to continue a countdown already in progress but extend the lock up period, you can click Increase Dissolve Delay then select a longer dissolve delay.