Skip to main content

​
Introduction

Porto by Anchorage Digital supports custody and staking for a range of Cosmos ecosystem assets. Each network is secured using a proof-of-stake (PoS) consensus algorithm, allowing token holders to collect rewards for helping secure their respective networks.
Tendermint protocols refer to staking as “delegation.” For the purposes of this guide, this functionality is referred to as staking.

​
Supported Cosmos ecosystem assets

Agoric (BLD)

A layer-1 smart contract platform built on the Cosmos SDK. BLD holders can vote on proposed network changes and collect staking rewards.

Axelar (AXL)

A layer-1 blockchain and cross-chain communication platform enabling Web3 interoperability. AXL holders collect rewards for helping secure the network.

Cosmos (ATOM)

The economic center of the Cosmos ecosystem, providing interchain services to connected blockchains. ATOM holders collect rewards for helping secure the network.

dYdX (DYDX_CHAIN)

An open decentralized finance platform. DYDX holders engage in on-chain staking and governance. Holders are encouraged to bridge their ethDYDX tokens to the new Cosmos SDK chain.

Evmos (EVMOS)

A layer-1 blockchain connected to the Cosmos ecosystem and interoperable with Ethereum. EVMOS holders collect rewards for helping secure the network.

Osmosis (OSMO)

A layer-1 PoS blockchain built on the Cosmos SDK for customized automated market makers. OSMO holders vote on proposed network changes and collect staking rewards.

Provenance (HASH)

A public, open-source PoS blockchain for financial services. HASH is the utility and governance token for Provenance Blockchain.

Rarimo (RMO)

An open-source layer-1 blockchain for cross-chain identity and digital asset management. RMO holders collect rewards for helping secure the network.

Sei (SEI)

An open-source layer-1 blockchain optimized for digital asset exchange. SEI holders collect rewards for helping secure the network.
Porto by Anchorage Digital offers the following for each supported Cosmos ecosystem asset:
  • Custody your tokens (deposit and withdraw)
  • Stake and unstake to any validator
  • Claim rewards

​
How to stake

1

Navigate to the wallet

Tap the vault and select your desired wallet.
2

Initiate staking

Tap Stake and proceed to review and accept the disclosures. If applicable, select Start auto-claim & stake rewards to automatically claim and stake your rewards.
3

Enter validator and amount

Enter the validator address you want to stake with, then enter the amount you would like to stake.
4

Submit for approval

Tap Review, add a comment (optional), and follow the prompts to review and approve the operation. After quorum is met and required approvers have submitted their approval, Porto will review the operation.

​
How to increase the staked amount

To increase your staked amount or stake to a different validator:
1

Navigate to the wallet

Go to the wallet screen and tap View details, then tap Stake.
2

Enter validator and amount

Enter the validator address, add the amount you would like to stake, and tap Review.
3

Submit for approval

Add a comment (optional) and follow the prompts to review and approve the operation. After quorum is met and required approvers have submitted their approval, Porto will review the operation.

​
How to auto-claim and stake rewards

1

Navigate to the wallet

Go to the wallet screen.
2

Toggle auto-claim

Toggle Auto-claim and stake rewards on or off as applicable.
Rewards will be automatically claimed and staked every day. Gas fees will be deducted from the accrued rewards as set by network conditions. If rewards are insufficient to cover gas fees, the operation will fail.
Auto-claim and stake is not available for DYDX_CHAIN.

​
How to claim rewards

1

Navigate to the wallet

Go to the wallet screen and tap View details or Claim rewards.
2

Select the validator

Tap the three dots next to the validator that holds the rewards you want to claim and tap Claim rewards.
3

Enter the amount

Enter the amount of rewards you would like to claim and tap Next.
4

Submit for approval

Tap Review, add a comment (optional), and follow the prompts to review and approve the operation.

​
How to unstake

1

Navigate to the wallet

Go to the wallet screen and tap View details.
2

Select the validator

Select the validator that holds the tokens you want to unstake and tap Unstake.
3

Enter the amount

Enter the amount you would like to unstake and tap Review.
4

Submit for approval

Add a comment (optional) and follow the prompts to review and approve the operation. After quorum is met and required approvers have submitted their approval, Porto will review the operation.

​
Axelar (AXL) staking

Axelar is a layer-1 blockchain and cross-chain communication platform enabling Web3 interoperability. The network is secured using a PoS consensus algorithm, and Axelar’s native token, AXL, allows holders to collect rewards for helping secure the network. AXL staking follows the same stake, claim, and unstake flows described above. Use the validator address provided by your chosen Axelar validator when initiating staking. For further questions, contact portohelp@anchorage.com.