How to Stake IP on Story Protocol: A Simple Guide for New Delegators
Story Protocol is a Layer‑1 blockchain built around the idea of programmable intellectual property (IP), letting creators embed rules, licensing, royalties, and access control into their digital assets.
Staking IP plays a key role: it helps secure the network, support validator nodes, and align incentives between creators, users, and infrastructure providers. This guide walks you through staking your IP step by step.
Step‑by‑Step: How to Stake IP on Story
Below is a clear, simplified process you can follow to stake IP tokens with a validator like DragonStake.
- Go to staking dashboard
Transfer IP to your wallet (e.g. MetaMask or any Story‑compatible wallet), then visit the Story Staking Dashboard. Ensure your wallet is set up for interacting with Story’s network.
https://staking.story.foundation/
2. Connect your wallet
On the dashboard, click “Connect Wallet” and approve using your wallet extension. Make sure you use a wallet that supports IP staking.
3. Pick a validator
Browse the list of validators. Look at uptime, commission, reputation. Choose “DragonStake” or another you trust. Validators typically compete on performance and reliability.
4. Enter amount & staking period
Input how many IP you want to stake (minimum is 1,024 IP), and select one of the staking durations (flexible or fixed).
5. Confirm & stake
Review the transaction, then confirm it in your wallet. After confirming, your tokens will be delegated to the validator.
6. Monitor & check status
Use the staking dashboard to see your delegation, rewards, validator status, etc.
How to Unstake
When you decide to stop staking:
- Initiate an unstake / undelegate request via the staking dashboard (select the validator and amount).
- Wait for the 14-day unbonding period. During that time, your tokens remain locked and do not earn rewards.
- After unbonding, you can withdraw your tokens to your wallet. Partial unstaking is permitted; if any remainder falls below 1,024 IP, it may auto-unstake.
- If the validator was slashed during the unbonding period, you may lose a portion of your tokens.
By staking your NIP tokens, you’re not only earning passive rewards but also supporting the growth and security of the Story ecosystem.
Ready to stake with DragonStake? Access your wallet and start staking today!
