Concordium (CCD) Staking

How to Stake
What is Concordium?
Stake CCD with Stakely and navigate this scientific, Layer-1 blockchain. Thanks to its protocol-embedded identification system, Concordium stands out for its regulatory adaptability and privacy, designed to adapt to today's financial and business systems. Join us in pioneering a compliant blockchain future.
Price
$ 0.00
24h Change
0.00 %
CCD Staking Rewards Calculator
Concordium amount (CCD)
0.00 CCD
Concordium amount (USD)
$ 0.00
Rewards and monthly/yearly earnings
Annualized reward
16.11 %
Monthly earnings
0.00 CCD
Monthly earnings
$ 0.00
Yearly earnings
0.00 CCD
Yearly earnings
$ 0.00

How to create your first account on Concordium Mobile Wallet?

INSTALL THE APP ON YOUR SMARTPHONE

Download and install the Concordium Mobile Wallet according to your operating system. For this tutorial, we are using the Android version.

Please note that the backup of the Concordium Mobile Wallet version will not be compatible with the desktop version and vice versa.

CREATE AND SET UP YOUR FIRST ACCOUNT

To start, open the app, read and accept the Terms and Conditions and choose a secure password of 6 digits for your wallet. Next, choose a name for your initial account and another name for your identity. Once chosen, click on Continue.

VERIFY YOUR IDENTITY

Now, you have to choose the identity provider you prefer: Notabene or Digital Trust Solutions. Confirm your choice by entering your password and follow the instructions provided.

You will need to take a photo of your ID or driver license, take a selfie and wait for the verification to complete. This information will remain securely stored on your device, the provider will not have access to this data.

IDENTITY VERIFIED!

Once you have completed the provider's instructions, wait for the verification to finish. You're done!

How to stake CCD with Concordium Mobile Wallet?

CHOOSE THE ACCOUNT TO DELEGATE CCD TO

To stake CCD through the Concordium Wallet app, you need an identity and an initial account. You create yours by following the Account instructions in the tutorial above.
Now, to delegate CCD, go to the Accounts section and select the account you want to stake CCD from. Then click on More. Drop down the top menu by clicking on the three lines and select the Delegation option.

REGISTER YOUR DELEGATION

To start setting up your delegation, click on Register delegation. Now, choose whether you want to make Passive delegation or delegate to a Baker. To stake CCD with Stakely, you have to enter baker pool ID:

Stakely Baker Pool ID: 89288

SET UP YOUR DELEGATION

Click Continue and then enter the amount of CCD you want to delegate. Next, you have to choose whether you want to restake your rewards by clicking on Yes, restake, or press No, don't restake if you don't want to restake your rewards. Finally, tap Continue.

CONFIRM YOUR DELEGATION

Review your delegation information and tap Submit delegation transaction if you agree. Finally, click Finish to complete your delegation. You're staking CCD! What's next? The transaction will be effective after 24 hours.

How to create your Concordium initial account in Desktop Wallet?

INSTALL CONCORDIUM DESKTOP WALLET

Download and install the Concordium Desktop Wallet for your operating system. To set up your Concordium Desktop Wallet account, you'll need a Ledger Nano S for storing your private keys and also download and keep open the Concordium Ledger App.

Please note that the backup of the Concordium Desktop Wallet version will not be compatible with the mobile version wallet and vice versa.

CREATE YOUR FIRST ACCOUNT

To get started, open the desktop application, read and accept the Terms and Conditions and choose a secure password for your wallet. Next, you will need to connect to an existing node or run your own node. Click Connect to connect to the default node and then click Continue.

You can create a new account, import your existing account or retrieve an account using Ledger. To Create a new account, you will need to choose a new name for both your account and your identity. Then click on Continue.

VERIFY YOUR IDENTITY

Now, you will need to choose the identity provider to verify your identity: Notabene or Digital Trust Solutions. Now, with your Ledger Nano S (remember to open the Concordium Ledger App) connected, send your request by signing with Ledger.

You will need to take a photo of the ID of your choice, take a selfie and wait for the verification to complete. This information will remain securely stored on your device, the provider will not have access to this data.

IDENTITY VERIFIED!

Once you have completed the provider's instructions, wait for the verification to finish. You're done! You can now use both your identity and your initial account to operate on the Concordium network!

How to stake CCD with Concordium Desktop Wallet?

CREATE YOUR CONCORDIUM ACCOUNT AND IDENTITY

Follow the instructions on this page on How to create your first Concordium account in Desktop Wallet to create your own account and identity in Concordium. Connect your Ledger Nano S and make sure to keep the Concordium Ledger App open.

REGISTER AS A DELEGATOR

Log into the account you want to delegate CCD. Then click on More options and Register as a delegator.

CHOOSE BETWEEN BAKER'S POOL OR PASSIVE DELEGATION

Select how do you prefer to delegate, through passive delegation or a baker's pool, and click Continue.

SIGN WITH LEDGER

Select Stakely as validator, enter the amount of CCD you want to delegate and choose whether you want your rewards to be redelegated or not. Remember that fees are deducted from your wallet balance, so remember to leave CCD available for paying the fees.

Finally, connect your Ledger and enter your pin. Open the application and wait for both applications to confirm that they are ready for request. Check in Ledger that the transaction information is correct and sign the transaction through Ledger.

You are done! Once signed, a confirmation message will appear in the Concordium desktop application. Congratulations!

Most frecuently asked questions