Stake ATOM Using Ledger Live
Our Passion for the Cosmos Ecosystem
We are deeply passionate about the Interchain, dedicating ourselves to supporting its infrastructure. We show our commitment through running validators for Kava, Nomic, Band, Seda, and serving as a governor for Stride.
Securing a position in the active set of ATOM validators has been a long-held aspiration.
Uncovering Validator Misconduct
In October 2024, we discovered a significant breach of trust within the Cosmos Hub validator community. One prominent ATOM validator, Melea, is misleading delegators by claiming a 0% commission rate, despite the Cosmos Hub’s minimum validator commission being coded at 5%. Our investigation of on-chain transactions revealed no evidence of rebates to delegators.
The situation escalated when Melea not only dismissed our verification efforts but also resorted to threats. Further details of this case can be found in the Cosmos forum discussions.
Our Commitment to Transparency
We are driven by an unwavering commitment to honesty and integrity. We view our delegators as partners, not strangers to take advantage of. In the spirit of addressing Melea’s unfulfilled promise, we are now offering a genuine 0% commission staking service through 2025 and beyond.
The Path Forward
To achieve our goal, we must climb from the inactive to the active ATOM validator set. This journey requires:
– ATOM delegations and redelegations
– Collaborative effort with dedicated delegators, like you
Call to Action
We invite you to join our mission. Our comprehensive ATOM staking tutorial will guide you through:
– Staking using Ledger Live
– Switching validators
– Redelegating to our validator while we are in the inactive set
Together, we can build a more transparent and trustworthy Cosmos ecosystem.
Stake Cosmos ATOM Using Ledger Live
ATOM staking offers one of the most attractive yields in crypto. If you’re staking ATOM for the first time, instructions are coming up!
To switch validators and redelegate ATOM tokens to us while inactive, great! This step-by-step ATOM staking tutorial will guide you through the whole process. It’s simple!
FIRST we will show those who are not currently staking ATOM how to stake with us while inactive.
SECOND we will show you how to move staked ATOM tokens from your current validator over to us at Atlas Staking. That process is called, “Redelegating” and only takes a few seconds.
How To Stake ATOM (with an inactive validator)
The step-by-step ATOM staking guide below will lead you through the process. It’s simple!
KEY TAKEAWAYS
1. From the “Accounts” page in Ledger Live, click the “Stake” button
2. Click “Continue” if a popup appears
3. Click the “Show all” drop down menu on the Delegate box
4. Type “Atlas Staking” in the search box
5. Click the Atlas Staking name and logo, making sure a checkmark appears
6. Click “Continue”
7. Enter the number of ATOM tokens you would like to stake and then click “Continue”
8. Verify and approve the details on your USB hardware wallet
9. That’s it!
1. From the “Accounts” page in the Ledger Live program, click the “Stake” button. (screenshot below)
2. If a popup appears, click “Continue.” (screenshot below)
3. Click the “Show all” dropdown from the window that pops up. Wallet providers list their own validators first, so they get large and dominate the networks they support. The same is true of centralized exchanges and large validator nodes that dominate voting power are terrible for network security. (screenshots below)
So please, DO NOT STAKE with wallet provider validators, centralized exchange validators, or the largest validators on ANY network.
4. Type “Atlas Staking” in the validator search box. (screenshot below)
5. Click the Atlas Staking name and logo, making sure a checkmark appears and then click “Continue.” (screenshots below)
6. Enter the number of ATOM tokens you would like to stake with us. (screenshots below)
Remember, to receive our commission rebate in 2025 you must stake 10 or more ATOM with us. To qualify for one of our multi-year commission rebate inscriptions/NFTs you must stake 1000 or more ATOM with us.
7. Click “Continue” after entering the number of ATOM tokens you would like to stake. (screenshot below)
8. Verify and approve the details on your USB hardware wallet. (screenshot below)
A transaction confirmation popup appears and you did it! Thanks for staking with us! Click “View details” to see the transaction within Ledger Live. Otherwise, click “Close” and you will be taken back to your ATOM position page.
You will see Atlas Staking listed as your validator under the “Delegations” heading. (screenshots below)
Switch Validators And Redelegate ATOM (to an inactive validator)
If you are already staking ATOM tokens and would like to move them over to us at Atlas Staking, the step-by-step redelegating tutorial is below!
KEY TAKEAWAYS
1. Click into your ATOM position from the “Accounts” page in Ledger Live.
2. Click “Manage” next to your current validator.
3. Click “Redelegate” from the drop down box.
4. Click continue in the popup.
5. Click “Choose a validator” in the next window.
6. Type “Atlas Staking” in the search box.
7. Click “Atlas Staking.”
8. Enter the number of tokens you would like to move from your current validator over to us at Atlas Staking.
9. Click “Continue.”
10. Approve the transaction on the physical Ledger USB device and you’re done!
1. From your ATOM position page in Ledger Live, click “Manage” next to your current validator. (screenshot below)
2. A dropdown box opens up. Click “Redelegate.” (screenshot below)
3. Click “Continue” in the popup box. (screenshot below)
4. Click “Choose a validator” in the next window. (screenshot below)
5. Type “Atlas Staking” in the search box. Ledger lists the largest validators first and shame on them because those validators get huge and dominate the networks they support. Huge validator nodes dominate voting power and are terrible for network security. (screenshots below)
So please, DO NOT STAKE with wallet provider validators, centralized exchange validators, or the largest validators on ANY network.
6. Click “Atlas Staking.” (screenshot below)
7. Enter the number of tokens you would like to move from your current validator over to us at Atlas Staking. (screenshots below)
Remember, to receive our commission rebate in 2025 you must stake 10 or more ATOM with us. To qualify for one of our multi-year commission rebate inscriptions/NFTs you must stake 1000 or more ATOM with us.
8. Click “Continue” after you have entered the number of tokens you would like to redelegate to Atlas Staking. (screenshot below)
9. Approve the transaction on the physical Ledger USB device. (screenshot below)
You did it! A confirmation window pops up to let you know the transaction was successful. Thanks for staking with us! (screenshot below)
Click “Close” and you will be taken back to your ATOM position page where you will see Atlas Staking listed as your validator.
You can easily manage your ATOM delegation directly through the Ledger Live interface. We hope this step-by-step ATOM staking guide has shown you how simple it is.
It’s unfortunate that the Melea validator has acted dishonestly and misled its delegators. We truly value your support in helping us secure a spot in the active set of Cosmos Hub validators. The crypto space can be filled with bad actors, and the Cosmos Hub should enforce a strict zero-tolerance policy to safeguard its community.
Keep in mind, the sooner we enter the active set, the sooner you’ll start earning those ATOM staking rewards. So, don’t forget to spread the word about our 0% commission offer on your social media!
We sincerely appreciate you staking with us!
Other Tutorials And Articles To Check Out
Frequently Asked Questions
What is the reward for staking ATOM?
As of December 10, 2024 the ATOM staking yield is a juicy 16.4% before validator commission. However, staking yield constantly changes so be sure to check the Cosmos Hub page on mintscan for current APY.
Are there risks associated with staking ATOM?
While staking ATOM is one of the safest ways to generate yield on your crypto, it’s not without risk. If your validator goes offline for too long they are slashed 0.01% of all the tokens on the node, but that’s usually no big deal.
If your validator double signs a block by mismanaging their keys or by being dishonest, the slash is 5% of all tokens staked on the node and that includes yours. That validator is also permanently removed from the set of validators.
The best place to stake ATOM tokens
The worst place to stake ATOM is with a CEX, like Coinbase. Commissions are high and it’s often difficult to withdraw your tokens.
The best place to stake ATOM is from a noncustodial wallet, like Ledger, Keplr, Leap or Cosmostation. Three of those wallets will allow you to claim airdrops too.
What is redelegating?
Redelegating is moving your staked tokens from one validator to another without unbonding or unstaking. Hopefully this tutorial showed you exactly how to do that. It’s important to remember though, that you can only switch validators once every 3 weeks.
Nothing we say is financial advice or a recommendation to buy or sell anything. Cryptocurrency is a highly speculative asset class. Staking crypto tokens carries additional risks, including but not limited to smart-contract exploitation, poor validator performance or slashing, token price volatility, loss or theft, lockup periods, and illiquidity. Past performance is not indicative of future results. Never invest more than you can afford to lose. Additionally, the information contained in our articles, social media posts, emails, and on our website is not intended as, and shall not be understood or construed as financial advice. We are not attorneys, accountants, or financial advisors, nor are we holding ourselves out to be. The information contained in our articles, social media posts, emails, and on our website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation. We have done our best to ensure that the information provided in our articles, social media posts, emails, and the resources on our website are accurate and provide valuable information. Regardless of anything to the contrary, nothing available in our articles, social media posts, website, or emails should be understood as a recommendation to buy or sell anything and make any investment or financial decisions without consulting with a financial professional to address your particular situation. Atlas Staking expressly recommends that you seek advice from a professional. Neither Atlas Staking nor any of its employees or owners shall be held liable or responsible for any errors or omissions in our articles, in our social media posts, in our emails, or on our website, or for any damage or financial losses you may suffer. The decisions you make belong to you and you only, so always Do Your Own Research.
