Terra is a blockchain protocol that supports stable programmable payments, open financial infrastructure development, and provides payment channels for merchants and consumers. Terra is supported by a variety of fiat-pegged stablecoins, which are algorithmically stabilized by its native asset Luna.
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No thanks, just show me the instructions.Currently, staking is available on Terra Station, the official desktop wallet created for holding Terra assets. Terra Station is officially available for Windows and macOS.
In addition, staking is available using any wallet that interacts with Terra command line tools, which can be accessed in this guide.
1. Download Station Wallet
Download Station wallet
Wallet
from the left menu and click Connect
2. Access or Create Your Wallet
Access with Ledger
in Station WalletNew wallet
in Station Wallet3. Delegate Your Luna to Bison Trails' Validator Node
Staking
from the left menu. Select Bison Trails’ validator Bison Trails
from the list of Moniker links Delegate
Next
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Congratulations! You are now delegating to the Bison Trails validator.
We are available to answer your questions 9am–6pm ET Monday-Friday. Please contact us: support@bisontrails.co
The Terra protocol is non-inflationary, meaning that all rewards are based on transaction volume. The current reward rate for LUNA is approximately 11% per annum.
Tokens can be slashed on the Terra protocol, up to 5% of your delegated LUNA. The validator may be slashed for double-signing blocks or extended validator downtime, so it is important to choose a validator carefully.
Bison Trails charges a percentage service fee on all rewards earned by tokens delegated to our validator. The service fee is paid to Bison Trails automatically by the protocol. You can then withdraw your rewards from the protocol directly.
Have tokens on other networks? Learn more about delegating to our public validators on Celo, Cosmos, Edgeware, Kusama, Livepeer, Ontology, Polkadot, Solana, and more. We also offer dedicated participation clusters.
Learn more about delegation in our guide to delegating digital assets.
If you have questions, or if you are interested in running a validator, please contact us. Our protocol specialists are happy to assist you.