LTO Network $LTO delegation guide by MyCointainer (cold staking)
Cold staking is a secured staking process. Users can stake LTO Network tokens by keeping LTO tokens in LTO Mainnet wallet(https://wallet.lto.network) if you are creating wallet for first time, check out guide to create LTO wallet: Click Here
Make sure, you have your LTO tokens in LTO Mainnet wallet. If you are having
This simple guide covers delegation guides using LTO Network wallet :
- Visit https://wallet.lto.network/start and click on the “Import Account”.
2. Enter your seed phrase and click “Continue”.
3. Enter your “Account Name” and “Password” to import your account as shown below.
4. Once login is successful. Find the LTO network address as shown below. Transfer your LTO tokens from exchange to your LTO Network wallet.
a. If the exchange you are holding LTO tokens supports mainnet LTO, you can directly transfer the coins to your mainnet wallet.
b. If you have ERC 20 LTO tokens. You need to swap ERC-20 LTO tokens to Mainnet LTO tokens using LTO bridge present inside LTO Mainnet wallet as shown. More details about swap can be found at bridge document.
5. Once you have your LTO tokens, to delegate / stake your LTO tokens. Goto Menu and click on “Lease”.
6. Click on ‘Start Lease’.
7. Search and choose MyCointainer node as shown below.
8. Input the quantity you wish to delegate and click “Start Lease”. Congratulations, you have successfully delegated your LTO tokens.
You are successfully staked your LTO tokens.
Why delegate to the MyCointainer node?
MyCointainer is a regulated, experienced validator of more than 100+ assets available on the platform. Advanced architecture and years of experience on the market ensures full security of the funds.
MyCointainer is partnered with Persistance team, you get maximum benefits by choosing MyCointainer as validator.
An advantage of cold staking is you are still in control of the coins you own and your rewards will retain in your safekeeping. MyCointainer node cannot access your LTO funds and will not have any portion of your stake rewards.
Additional Benefits
Skip Staking Fee Token
To be applied for over 100 assets on MyCointainer Platform
+50% Reward Fees back
Directly to your MyCointainer Wallet
Lottery Ticket
For each delegation.
Each user who has delegated at least 3000 LTO for 3 months or more has a chance to win 250 EUR every month. To take advantage of additional benefits you must complete the form before the delegation.
For additional help with staking or to learn more about LTO Network visit https://www.mycointainer.com/assets/ltonetwork
You can find all available MyCointainer validators here.
