Staking SEI tokens is an easy way to support the Sei blockchain and get rewards for it. In this guide, we’ll walk you through the step-by-step process of staking SEI using Gem Wallet, one of the most user-friendly wallets for managing SEI tokens. You’ll also learn why staking with Everstake offers unmatched benefits in terms of reliability, security, and transparency.
What is Sei?
Sei is the first parallelized EVM blockchain, merging Ethereum’s leading development framework with Solana’s high performance. The Sei Network is one of the fastest blockchains, boasting a theoretical speed of executing 12,500 transactions per second and a block finality time of 380 milliseconds. Sei was built using the Cosmos SDK framework, thus it is interoperable with the Inter-Blockchain Communication Protocol (IBC).
SEI, its native token, powers the blockchain ecosystem, facilitating transactions, governance, and staking. SEI tokens are crucial in maintaining the network’s security and incentivizing validators and participants.
Why choose Gem Wallet?
Gem Wallet is a secure and intuitive cryptocurrency wallet designed for seamless interaction with the SEI blockchain. It offers a user-friendly interface that simplifies managing your digital assets, including staking and unstaking SEI tokens.
Key features of Gem Wallet include:
- Enhanced Security: Gem Wallet employs state-of-the-art encryption and secure storage, ensuring your assets remain safe.
- Multi-Token Support: Easily manage SEI alongside other supported cryptocurrencies in one place.
- Simple Staking Process: Stake your SEI tokens directly from the wallet with a few clicks, getting rewards while contributing to the network’s security.
Why Stake with Everstake?
Everstake is a trusted validator with over 735,000 users across 70+ blockchain networks. Here’s why Everstake is your best choice for staking SEI:
- Low Commission Fees: Competitive rates ensure you keep more of your rewards.
- High Uptime: 99.9% uptime with a professional DevOps team to maximize your earnings.
- Transparency: Real-time performance data and detailed statistics for full control.
- Ecosystem Support: Everstake actively contributes to blockchain development and creates user-friendly tools.
- Security & Decentralization: Your assets remain secure while supporting network decentralization.
Stake SEI using Everstake Staking Dashboard and enjoy seamless rewards with our easy-to-follow guides.
How to Stake SEI via Gem Wallet
- Click on Create a New Wallet.
- Save a Secret Phrase securely.
- Click on Continue.
- Click on Continue.
- Go to Manage Token List.
- Enable SEI from the list of tokens.
- Now click on SEI to start staking.
- Click on Stake.
- Read the info about SEI staking and click on Stake.
- Enter the amount, check that Everstake is the selected validator, and click Continue.
- Check everything and confirm the transaction.
Great! You can now manage your staking in the main menu’s Sei section. Click on Sei to see details.
How to unstake Sei
- Click on Stake in the main menu.
- Click on your validator to unstake.
- Click on Unstake.
- Enter the amount and click on Continue.
- Confirm the transaction
The unstaking period is 21 days before your SEI tokens are available for use again.
Last words
By following this guide, you’ve learned how to set up your Gem Wallet, stake SEI tokens with Everstake, and manage your staking activity. Staking SEI is an easy way to get rewards and support the network. Gem Wallet and Everstake provide the perfect combination of simplicity, security, and reliability.
Start staking with us and take an active role in the SEI ecosystem!
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