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This in-depth manual will walk you through the process of creating a Keplr wallet and subsequently staking your $TIA tokens on the Celestia blockchain. We will be using the Keplr Wallet web app browser extension to accomplish this, negating the necessity for a hardware wallet. However, we anticipate that support for hardware wallets, such as a Ledger device, will be implemented in the near future. As a rule of thumb, we always advise using a hardware or cold wallet whenever feasible.
Please note that this guide is applicable to Chromium-based browsers such as Google Chrome and Brave Browser.
But first, let’s briefly cover some basics:
Celestia is a groundbreaking modular data availability network that securely scales with the number of users, making it easy for anyone to launch their own blockchain.
Modular blockchains are a new paradigm in blockchain design. Instead of one blockchain doing everything, modular blockchains specialize and optimize to perform a given function. This specialization provides breakthroughs in scalability, flexibility, and interoperability, enabling developers to build blockchain applications for mass adoption.
If you hold $TIA tokens, you can help fortify the network's security by staking (also referred to as delegating) your tokens with a validator. This guide will break down the process and explain how to do this in easily understandable terms.
Keplr is an open-source web app, mobile application, and browser extension wallet that supports the Cosmos interchain ecosystem. It provides functionalities for account and wallet management for all Cosmos-based blockchains. It also supports Celestia and it’s native $TIA token.
To get started, jump over to https://www.keplr.app/download.
If this is the first time setting up a Keplr wallet, click ‘Create new wallet’
In case you already have an existing wallet with your Recovery Phrase (aka. private key / mnemonic seed) phrase at hand, either click ‘Import existing wallet’ or use your existing wallet and skip to the second part of this guide to learn how to stake your $TIA tokens.
Never share this info with anyone - not your validator, the Keplr team, or anyone from the Celestia ecosystem. For the remainder of this guide, we’ll assume that this is your first time setting up a Keplr wallet.
And there you have it! Your Keplr wallet has been created! Congratulations! If you would like to pin the wallet extension to your Chrome bar click the white pin next to the Keplr extension and it will show up in the browser bar.
Navigate to the Keplr Dashboard and type https://www.wallet.keplr.app into your browser. This is the main view of your Keplr dashboard - in it, you can find
If you like, enable desktop notifications to get notified about your wallet activity, a specific NFT collection, or dApp running on the Celestia blockchain.
If you hit the staking menu icon on the left, you can:
In the following window, you will be able to select your staking validator.
In the following pop-up window, you are able to enter the amount of $TIA you would like to stake.
Note to make sure not to stake the entire amount of your $TIA token, so that you have some funds left to cover transaction fees. Transaction fees (aka. Gas Fees) are low on Celestia, so 1 TIA can cover a lot of transactions. Click ‘Stake’ and confirm the transaction in your wallet pop-up window.
After a brief moment, you’ll be able to find all your staking activities in the ‘Staking’ tab within the Keplr wallet. Your stake will take some time to activate and start earning rewards.
And that’s a first wrap - congratulations, you are now officially a delegator on the Celestia blockchain network. We highly appreciate your support and are stoked to have you on board with us.
In case you want to increase the amount of $TIA tokens to be staked, simply repeat the steps from part 2 of this guide.
To foster decentralization and in turn increase the security of the Celestia blockchain and ultimately its’ value, delegate to multiple validators.
Visit the ‘Staking’ tab on the Keplr wallet UI and click on the respective row within the Staking table. In the subsequent pop-up, click ‘Unstake’ or ‘Redelegate’ (if you want to change your validator’. In the following pop up you will be able to specify the amount to unstake.
After clicking ‘Unstake’ and confirming the transaction your token unstaking period begins. Be aware that it will take 21 days for the full amount to be liquid.
You can stop the unstake at any time during the 21-day unstaking period.
Celestia Docs: https://celestia.org/what-is-celestia/
Keplr Wallet Extension: https://www.keplr.app/download
Exploring the ecosystem: https://celestia.org/ecosystem
Celestia Block Explorer: https://celestia.explorers.guru/
Staking Facilities Celestia Subpage: https://stakingfacilities.com/networks/celestia
Missing anything? Thoughts, feedback, or questions about the post?
Let us know via Telegram, email (info@stakingfacilities.com), Twitter or LinkedIn - we’d love to chat!
Please note that none of this is to be considered financial nor investment advice. We highly advise you to always do your own research (’DYOR’) before interacting with any of the projects or tools we write about. Crypto is a highly dynamic and fast paced environment with lots of moving parts that can quickly change.