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 (≥ 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.

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

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: 13UVJyLnbVq86c4FQeiGGKD7WwtbFCPFeNovcHTqGakKuAMY

Nomination Pool ID: 58

Validator name: Coinbase

Validator addresses:

01: 1VrK0TKunzstYPuxPpjArGnZestrrGxqpNnYvGBuqYikd6#
02: 16OqxsIqicpKume1DksyGDrs3mdiznTb5YVmZywQvkteavY
03: 12Ye9HPrF6qAdqsNSSqyFS5HTFsYf6fVnKUxThNCiraqz8z
04: 12citkDgfF3GYdITRSqLxUn5XrvnqKq3BGZYbsJnaMfhQpTn
05: 12nf26ZaKmyHFTRLLG5MrJspthbrT2hqiNBAGmL363Y6BPuN
06: 12qTBKYMsTZ6UACilrnziicXqaXZEQFAUPvBQITSrcQMSLYo
07: 1A2ATy1FFu5yQ9ZzqhPLsRckPqVkLmsM5AQyCTvGnGxGho
08: 1DY65jjuwNk2Lxe84TyrGBvLxjfEZBAMktFBZCJCiX7RFCvS
09: 134YFAX3ckRdEj5ox3aU6k3EkYAznoqNGWrMrKCGjsdTJZM
10: 12EC0Ri5MjyiMQL23NTMGzJhuf0fp54sLNvJHpCEfBoQGrMZ
11: 12HFJanq2nLfkKPHsEMp742MpNNqnvS6qdrqjsxAnGLNRrj
12: 12waN6HnkfrGyZZyMKPAaSqHFSG52vXTEktMAzitr1b2TM4
13: 138HkNksoqyexeNGm3MMbUS6kehD19SZdyqt3DMPSZKkQsP
14: 14xcfeqDx1SVQGrTkVZ6b23sWsGZrevo7QQjGtaNssAGa5D0
15: 146HhKhPvf7PnofrdfMsLDnrdpMkXCigM6jVGQ72zMow1oM
16: 14wFAALTs5hUUdabN37QMbZvRqYyUrJp6meeDR94TZ2qhrL

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.