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2: Stake DOT to Coinbase with Polkadot UI

1. Join the Coinbase Nomination Pool​

  1. On the Polkadot Staking Dashboard, click Connect in the top right corner.

  2. Select your Stash account to connect the Polkadot.js wallet. Your Controller account is fetched automatically.

  3. Ensure your controller has the nominal funds (2-5 DOTs) it needs for the “existential deposit” and to pay for transaction fees.

  4. On the left menu, select Pools and then All Pools from the top menu.

  5. Enter the address of the Coinbase Nomination Pool in the Search field. See Validator Information below.

info

The Coinbase nomination pool manages the selection of nominees and selects the Coinbase validators.

caution

Joining a nomination pool bonds your DOT. You must wait the unbonding period of 28 days before it can be removed.

  1. Verify that the Nomination Pool ID matches that in Validator Information.

  2. Click Join on the Nomination Pool.

  3. If everything looks correct, click Sign and Submit.

  4. Enter your stash password in the pop-up and click Sign the transaction, or confirm the Nominate transaction on your Ledger.

  5. Once you’ve confirmed the details, approve the transaction.

  6. Wait for the Transaction Success banner to pop up. This process can take a while if the network is behind.

Once complete, the Pools Overview screen should show that you are now a member of the Coinbase nomination pool, and the nominees should display.

Validator Information​
COINBASE VALIDATOR INFORMATION

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.

Congratulations! You are now staking with Coinbase.
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