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.
COINBASE VALIDATOR INFORMATION
Nomination Pool Name: Coinbase
Nomination Pool Address: 13UVJyLnBpbC4FGeiGKQ7tWwtbFCFePNovxhToPbaKnuAMY
Nomination Pool ID: 58
Validator name: Coinbase
Validator addresses:
01: 15YKD2P1u56PZ9jMvYtdRkKtiL9bLGwBCcLYH6TYE18B
02: 15c86G7ju5Zfaj2DfNQAxJ5GF2JNdCbtxTC5C1YBZhYA9Ge6eV
03: 12YJg8PCj6FWdQdGpwGM5YFZS9T1FKXQnXkX3YP1C3LjAPg2R
04: 12he11G9Yf3DtjR6JKfArOjVUNKrjvVYKgpKjQzgZfBb3XhAGt9n
05: 12HkZ6GXVYHYFTTUPPU9grJeEAkJPpZBGKfhB8E4Jg3VfPUMfun
06: 12L2sEYRY6T82AC11zLdY83c4uXzMBeHPUArQTjK71C9dGLYc
07: 12hA21f8YmC2cpG8zWpECWfCHeWjA7K929f2pCL7YvCGNCfna
08: 1DWSGWP2nXXU6K21X4TjrRGYvXJEtMnNmXqQ7CJG7f9Wf1c9YS
09: 12AYFKA2XG8QCePecXaHRUSKJEBYXzC4UqBMKCmerfjM1GJJETdW
10: 12ECEQBiG1kXJMn3JYNRhZhJtDtFhSE4wLNvHpCzRrbGwgrNZ
11: 1DnjFXgpDMDNLHjXfApCFfQHkBhAdgwC4zn9xGkhQRXHkfm3
12: 1DDmBHbQ5h44f2CYNfA6nPy6PGdGZgY6fE1D8tUQDkXTttRGZBf
13: 1DNDM6BY6JrvqK6M81gNAGxV4uS4UHNm6669YBCGMC2UeUfVMP
14: 14XEFqNqDt4YVGEoY7V7MiS3eR6ZfE9fTQRjZXxMUuXd83B9Bo
15: 14B86nk9YFVfP7RngFYff4KGNnL4gp4KCLgYfJjSQJ2rXNdw1QKX
16: 14fFfAtL7RkAJBQKXQbn7NMw2t6dYCUrjGy5GdwjD8mH4tXzPbrL
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 the nominated list that have been selected to operate and earn rewards each era. As such, selecting all validators increases your opportunities to earn rewards. See the Polkadot FAQ to learn more.