How to stake Namada NAM with Stakely?

With the upcoming launch of Namada's mainnet, many users are already preparing to stake NAM and contribute to the security of this privacy-focused blockchain.

During the pre-delegation phase, you have the opportunity to start staking before the mainnet goes live. This phase will end on October 18th, so it’s the perfect time to take advantage and stake early with Stakely.

Here, we provide you with a step-by-step guide to stake NAM easily, securely, and ahead of time through Stakely, ensuring you are ready before the official network launch.

Namada is an innovative blockchain platform developed by the Anoma Foundation, described as a "protected asset hub" with a strong focus on privacy. Through a Proof-of-Stake (POS) model, Namada enables private and fast transactions, offering enhanced security and anonymity. the network ensures that users can keep their data protected while participating in the ecosystem.

Among its most innovative features is the use of zero-knowledge proofs (ZKPS), which allow transactions to be executed without revealing sensitive information such as amounts or participant identities. Additionally, Namada has developed the multi-asset shielded pool (MASP), which conceals transaction details and protects multiple types of assets simultaneously. Its multichain privacy is compatible with cosmos and ethereum, using bridges and the interchain communication protocol (IBC).

Moreover, Namada implements rewards for protected transactions, incentivizing users to contribute to the overall privacy of the network. Its launch process towards the mainnet includes five phases, each activating key functionalities such as staking rewards for its native token NAM and data protection in transactions.

This project stands out as an important solution to privacy issues in blockchain, as users seek greater security in an interconnected digital ecosystem.

1. Access the Namada staking interface.

2. Connect your wallet: click on "Connect to Namada Extension" and ensure you have your NAM tokens in the wallet.

3. Select Stakely as your trusted validator: choose Stakely from the dropdown list provided by the Namada interface.

4. Specify the amount of nam tokens to delegate: remember, you can stake any amount that fits your strategy.

5. Confirm the transaction: click on “Sign Bond”, but make sure to review the delegation details carefully before confirming.

And that’s it! in just a few seconds, you'll have completed the process and can monitor your rewards with our Staking Dashboard.

Remember, this phase will end on October 18th, so don’t miss this unique opportunity to participate in the security of a privacy-focused network while earning rewards by staking securely with Stakely.

As a validator, Stakely guarantees a secure and reliable process with our Staking Insurance, giving you the peace of mind you need. Based in Spain, we comply with the highest security standards, including ISO certification, allowing us to operate under strict security protocols.

Make sure you follow the indicated steps and start enjoying the rewards of being part of this innovative blockchain ecosystem. Don’t miss this excellent opportunity!