Polkadot Delegation Guide
Polkadot is a network of interoperable but independent blockchains that share security.
You can learn more about the protocol in our Guide to Polkadot.
| Protocol Parameter | Value |
|---|---|
| Minimum tokens to stake | ~2 DOT |
| Waiting period to change nomination | Up to 24 hours |
| Unbonding period | 28 days |
| Service fee | 8% of rewards |
There are two different types of accounts for managing your delegation funds in Polkadot:
- A controller makes staking decisions, such as nominating and bonding funds, but does not have direct control over the funds themselves.
- A stash directly controls the funds, and designates a controller to be used to make staking decisions.
The stash/controller system maintains secure control over one’s funds while still enabling users to make and change staking decisions easily. You must import your stash to the Polkadot UI in order to stake your funds, including nominating them to the Coinbase public validator.
You can stake to Coinbase’s community validators by joining our Nomination Pool.
Nomination Pool name: Coinbase
Nomination Pool address: 13UVJyLnbVp8c4FQeiGGKD7WwtbFCPFeNovxcHTq6aKnuAMY
Nomination Pool ID: 58
Validator name: Coinbase
Validator addresses:
01: 1VrKDfXunzstY5uxPpjArUbZekirGXcpMDYvCBJmjV1KdEm
02: 16Dgcx1qJzp8kme1CWsySDf3JWd1oKtbChYVm2yAYqM44woY
03: 12Yz9HPcF66pAGpwEW5cyFZ59TFeXFGVnkuxTphC3Lrap29z
04: 12e1tkDgfF3GYdiTkRq1vunXrvvhpKq3BQZYbJ1haXHApQTn
05: 12eKZbGJKVyHfTPkUs9MrJeGkbFrZRqzhKBBeRJ3G3YoWPun
06: 12q76RYkETZ6UACiiznBicXgcXZ8EMFAuPv8QtfSrc6KSLYo
07: 1A2ATy1FEu5yQ9ZzghPLsRckPQ7XLmq5MJQYcTvGnxGvCho
08: 15V6NjwmKkZihe644Tyr8GVLxjEzBAHktf6ZcJCTx7RPCoYS
09: 124YFXA3XoRs9Epcx3aRUSk3EKYaznocqMWfrMKtGjx8TJ2W
10: 12ECDEb18Wiy4MoLn3NTM5zhJfDfpS4mLNvjHpcEr8ogGrMZ
11: 12HFymxpDmi4XXPHaEMp74CNpRhkqwG5qxnrgikkhon1XMrj
12: 12WmM98h4Ar6y7ZyyMKPXwSyuP5GSZvXTbEkDXm1tirbZFW4
13: 13BN4WksoyexwDWhGsMMUbU5okehD19GzdyqL4DMPR2KkQpP
14: 14XefeqDxiaVQEo7Xv7WBs3Wz8GZPes7DBjQxsNuxu683B9o
15: 1486kNkPxvF7Pmgfr4MskGnn4p4KXCigMejv5Q7szMowioKK
16: 14wFkAiTSxhUUdpkN37QMhZv6dYcURJVgSGwqDRd4TK2qhrL
The Coinbase Pool nominates these validator addresses. If staking directly, enter each of the Coinbase validator addresses from the list above.
The Coinbase pool selects all validators from this list, and joining indicates your willingness to support any of them. The protocol automatically allocates pool stake to a subset of the validators from this nominated list that have been selected to participate and earn rewards each era. As such, selecting all validators increases your opportunities to earn rewards. See the Polkadot FAQ to learn more.