Ontology

Last updated: Aug 02 2020

Protocol teams occasionally change the delegation / staking process. If the following instructions do not work, please email support@bisontrails.co for assistance.


Ontology is a high performance public blockchain and distributed collaboration platform.

Ontology enables a decentralized network environment that solves key issues of identity security and data integrity.

Commission

10% of rewards

Minimum Tokens to Delegate

1 ONT

Start Delegating $ONT

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Bison Trails’ Validator Address


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Delegation Instructions

Before you start

If you wish to stake from your desktop, put your ONT in a wallet whose private key you control, such as a hardware wallet, and download OWallet, an Ontology desktop wallet compatible with hardware wallet.

If you wish to stake from your mobile phone, download ONTO, the self-sovereign data wallet, and transfer your ONT there.

If you are using OWallet…

1. Select a Node

  1. Open OWallet
  2. Click Node Stake in the left hand navigation bar
  3. Click STAKE AUTHORIZATION
  4. Find the Bison Trails node in the list. Note: You want to select our node simply called Bison Trails and not the nodes with names in parentheses after Bison Trails.
  5. Click on the right arrow for the node

2. Connect Your Wallet

  1. Select either Individual Wallet or Ledger Wallet, depending upon where your ONT are stored.
  2. Enter your wallet address.
  3. Click NEXT

3. Authorize Your Stake

  1. Click SUBMIT NEW STAKE AUTHORIZATION
  2. Enter the number of ONT you want to stake
  3. Click SUBMIT

If you are using ONTO...

1. Select a Node

  1. Open ONTO
  2. Click ONT on the “Assets” page
  3. Click STAKE on the bottom left
  4. Select Bison Trails’ node from Recommended stake nodes. Note: You want to select our node simply called Bison Trails and not the nodes with names in parentheses after Bison Trails.

2. Authorize Your Stake

  1. Enter the number of ONT you want to stake in the Stake amount.
  2. Click STAKE NOW
  3. Review and click CONFIRM
  4. Enter your wallet password
  5. Click CONFIRM

Congratulations! You are now bonded to Bison Trails’ node.

FAQ

Although there is no slashing, nodes can be delisted. Users who have staked to a delisted node will not lose any ONT.

Bison Trails charges a 10% commission on all rewards earned by tokens delegated to our validator. The commission is paid to Bison Trails automatically by the protocol. You can then withdraw your rewards from the protocol directly.

Interested in delegating on other protocols?

Have tokens on other networks? Learn more about delegating to our public validators on Celo, Cosmos, Edgeware, Kusama, Livepeer, Polkadot, Solana, and more. We also offer dedicated participation clusters.


Contact us




Please review our Digital Asset Rights Delegation Agreement.

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THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY. PLEASE DO NOT CONSTRUE ANY SUCH INFORMATION OR OTHER MATERIAL CONTAINED IN THIS DOCUMENT AS LEGAL, TAX, INVESTMENT, FINANCIAL, OR OTHER ADVICE. THIS DOCUMENT AND THE INFORMATION CONTAINED HEREIN IS NOT A RECOMMENDATION OR ENDORSEMENT OF ANY DIGITAL ASSET, PROTOCOL, NETWORK OR PROJECT. HOWEVER, BISON TRAILS (INCLUDING ITS AFFILIATES AND/OR EMPLOYEES) MAY HAVE, OR MAY IN THE FUTURE HAVE, A SIGNIFICANT FINANCIAL INTEREST IN, AND MAY RECEIVE COMPENSATION FOR SERVICES RELATED TO, ONE OR MORE OF THE DIGITAL ASSETS, PROTOCOLS, NETWORKS, ENTITIES, PROJECTS AND/OR VENTURES DISCUSSED HEREIN.

THE RISK OF LOSS IN CRYPTOCURRENCY, INCLUDING STAKING, CAN BE SUBSTANTIAL AND NOTHING HEREIN IS INTENDED TO BE A GUARANTEE AGAINST THE POSSIBILITY OF LOSS. THIS DOCUMENT AND THE CONTENT CONTAINED HEREIN ARE BASED ON INFORMATION WHICH IS BELIEVED TO BE RELIABLE AND HAS BEEN OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE BUT BISON TRAILS MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE FAIRNESS, ACCURACY, ADEQUACY, REASONABLENESS OR COMPLETENESS OF SUCH INFORMATION.

ANY USE OF BISON TRAILS’ SERVICES MAY BE CONTINGENT ON COMPLETION OF BISON TRAILS’ ONBOARDING PROCESS, INCLUDING ENTRANCE INTO APPLICABLE LEGAL DOCUMENTATION AND WILL BE, AT ALL TIMES, SUBJECT TO AND GOVERNED BY BISON TRAILS’ POLICIES, INCLUDING WITHOUT LIMITATION, ITS TERMS OF SERVICE AND PRIVACY POLICY, AS MAY BE AMENDED FROM TIME TO TIME.

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Questions?

If you have questions, or if you are interested in running a validator on the Bison Trails platform, please contact us. Our protocol specialists are happy to assist you.