ICP staking with NNS frontend dapp
From Internet Computer Wiki
Revision as of 05:00, 10 November 2021 by Diego.prats (talk | contribs) (Created page with "==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 m...")
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:
- Open a browser and navigate to the Network Nervous System (NNS) dapp.
- Click Login to connect using your Internet Identity.
- Verify your identification number, then click Login to authenticate using the device and authentication method you have registered.
- Click Proceed to access to the Network Nervous System (NNS) dapp.
- Click Neurons, then click Stake Neuron.
- Type the number of ICP utility tokens to stake, then click Create.
- Set the dissolve delay for the neuron to control the length of time the stake is locked, then click Update Delay.