How To STAKE and DELEGATE on Helium - MAXIMUM POWER!

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  • Опубликовано: 18 апр 2023
  • Have questions about how to stake and delegate on the Helium app?
    Let's do this!
    Open Wallet
    Add SOL
    Stake a token
    Delegate a token
    Locking up subDAO tokens
    00:00
    00:20 Where to find docs docs.helium.com/vote-escrow/r...
    00:43 What it looks like on the phone
    01:15 Make sure you have SOL in your wallet
    01:35 Switching off DevNet
    02:02 Adding SOL (finding your address)
    02:29 What your wallet will look like
    02:53 Devnet bug (showing but it's not on devnet)
    03:22 Staking HNT
    04:15 Locking tokens
    04:44 Can't get rid of zero if you delete your token numbers
    05:00 Custom lock times
    05:39 Locked Positions (that you can then delegate)
    06:44 Delegating
    09:41 NFTs for positions
    10:04 Staking MOBILE
    11:19 NOT FINANCIAL ADVICE!
    11:47 Exhortation
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Комментарии • 69

  • @mike.seldon
    @mike.seldon Год назад +7

    I don't have many HNT but they are all staked now. Hopefully one day in the future the network will be extremely valuable and in turn will make HNT extremely valuable. Thanks for producing this video, much appreciated 👍

  • @Coooogz
    @Coooogz Год назад +2

    I had worked out how to get SOL on my wallet and then stake & delegate just before your stream started.. Had the same trials and tribulations.. The app/gui devs could learn a whole bunch from watching your full stream.. yes it's "easy" but only when you know how, and quite a few things not very intuitive.

    • @thegristleking
      @thegristleking  Год назад

      Yeah, to be expected at this early stage. Doesn't make it any less frustrating, although I marvel at all the things they got right that I didn't have to muddle through.

  • @johncastaneda7552
    @johncastaneda7552 Месяц назад

    Are the rewards then turned into passive income - or do you restake those to earn more rewards then turn those into passive income or what I mean is cash them into a Coinbase account or robinhood account where u can sell them into cash money

  • @michaeljaime4932
    @michaeljaime4932 4 месяца назад

    How often do you receive rewards for the sub dao ? Daily ?

  • @cspill99
    @cspill99 2 месяца назад

    how much are you making through staking? what are the percentages?

  • @0xAriel
    @0xAriel Год назад

    Hey Nick! I got myself a new hotspot after the Solana migration, but with the new app I can't seem to find where do I onboard it. Would you be able to do a quick video on how to set up new hotspots on the black app after the migration? Thanks!

    • @thegristleking
      @thegristleking  Год назад +1

      Sure, what kind of Hotspot is it? The manufacturer's app is the one you'll need (Bobcat, Sensecap, etc). Does that help?

    • @0xAriel
      @0xAriel Год назад

      @@thegristleking Got it! Thank you!

  • @Yusuf.KHyman
    @Yusuf.KHyman Год назад +1

  • @USSEnterprise123
    @USSEnterprise123 Год назад +1

    Hmmm so i think i understand your video. If i stake my hnt.for 4 years it may return me.or us 100x.
    I have to do something.i invested alot. I bought 40 machines. And i was only able to deploy 15 of them. 25 sitting on my desk flashing green lights not making me any coins. So im thinking stakeing maybe.my best solution to my problem. Mabe it will motivate me to install the 25 sitting on my desk. 100x sounds like investing in an Altcoin. ✌️

  • @Atlasdraggon
    @Atlasdraggon Год назад

    How does locking tokens and delegating them increase your earnings ?

    • @thegristleking
      @thegristleking  Год назад +3

      Locking gives you voting power, delegating gives you earnings.

  • @daloppera9434
    @daloppera9434 6 месяцев назад

    when you get rewards.... the amount of locked tokens come back also ? whats the choice i use to take my tokens out of stack ? the delegade ??

    • @thegristleking
      @thegristleking  6 месяцев назад

      I'm not sure I understand what you mean. You'll need to unlock your tokens out of the stake, and depending on the type of stake you chose it may be 6 months before you can access them. You do it all in the Helium black app, through the globe token at the bottom right.

    • @daloppera9434
      @daloppera9434 6 месяцев назад

      i put one for 20days ... if i unlocked them in the 3rd day for example..i will have immidiate access ? @@thegristleking

  • @micahmiller3093
    @micahmiller3093 Год назад

    I have mainnet selected, have migrated my wallet, have SOL in my wallet, but when I go to realms, helium wallet is not an option. What do I do?

    • @thegristleking
      @thegristleking  Год назад

      Hi Micah, I've seen that same thing. As silly as it sounds, just going back out of the app, closing it, and re-downloading or updating it from the iOS or Android store may solve this.

  • @LeonardoFiori
    @LeonardoFiori Год назад

    hey! so what about constant vs cliff?

    • @Coooogz
      @Coooogz Год назад +2

      CONSTANT - If you stake and choose 1 year.. your voting rights remain at the top level.. when you want to un-stake you have to wait 1 year to get your HNT back. (i THINK also your voting power depletes during that last year) CLIFF - You choose 2 years say, and your voting power depletes slowly to nothing and after the 2 years you get your HNT back. (someone please correct me if I am wrong)

    • @mike.seldon
      @mike.seldon Год назад

      I think you nailed the explanation there

  • @perjoc
    @perjoc Год назад

    1.What is happend If i delegate. Do i receive the specific token (IOT/mobile) ??
    2. What If i dont delegate? Do i receive HNT ?

    • @thegristleking
      @thegristleking  Год назад

      If you delegate your veHNT to a subDAO (either MOBILE or IOT), you'll receive tokens from that subDAO. If you don't delegate, nothing else happens. In no case will you receive additional HNT. Watch this for more info on it: ruclips.net/user/shorts-lCGR3RTBLs

  • @Alegriax
    @Alegriax Год назад

    Hello, how long is the cooldown period after undelegating the staked HNT?

    • @thegristleking
      @thegristleking  Год назад

      I don't think the staking cooldown period and the delegation are related. Staking is for veHNT and delegation earns you tokens in subDAOs. You can delegate and undelegate as you like. You may be thinking of Cliff vs Constant staking. Cliff is when you know the term up front, Constant is when you set a specific cooldown term but you retain full voting power (veHNT) until you start that term, at which point voting power starts to decrease and the cooldown period begins. Does that help?

    • @Alegriax
      @Alegriax Год назад

      Thank you. I would like to earn some extra token and at same time I would like to know when I can have full access to my staked HNT again. Where can I find the all information related to it?

    • @thegristleking
      @thegristleking  Год назад

      @@Alegriax You can earn extra tokens by first staking and then delegating. You'll get full access to the staked HNT at the end of the staking period (which you'll set.) All the docs on it are here: grstl.ink/solana-migration

    • @mateuszmaslon
      @mateuszmaslon Год назад

      ​@@thegristleking Hi, can I cancel my staking, before the staking period is ended and withdraw HNT?

    • @thegristleking
      @thegristleking  Год назад

      @@mateuszmaslon Nope. Once it's staked it's locked in for the duration.

  • @ginateran
    @ginateran Год назад

    Condolences for the 🐾🐾 child 💔🙏

  • @bogdanmustata5310
    @bogdanmustata5310 Год назад

    If we didn't manage to transfer HNT to the wallet, can we still recover them? It is about 204 HNT and as far as I understand binance has suspended their transfer.

    • @thegristleking
      @thegristleking  Год назад

      Do you mean you haven't transferred it from Binance?

    • @bogdanmustata5310
      @bogdanmustata5310 Год назад

      @@thegristleking Yes

    • @bogdanmustata5310
      @bogdanmustata5310 Год назад

      @@thegristleking Yes, I did not transfer HNT from the application to the wallet. Can they still recover?

  • @KCole313.1
    @KCole313.1 Год назад

    Does steaking IOT generate rewards?
    I'm playing with things a bit on my end and I have done a steak for HNT and another for IOT. I was able to delegate my HNT and now it shows I can "Claim Rewards". After steaking IOT, I see the voting power I received, but I don't see any way to claim rewards. I also don't see a way to delegate the IOT steak position, but I was just assuming it was automatically delegated to IOT DAO.
    Some clarity on this would be awesome! I read through all the documentation and didn't see this explained anywhere. Tried to do a quick search on Discord and couldn't find anything either.

    • @thegristleking
      @thegristleking  Год назад +2

      Well, when you stake HNT you get voting power (veHNT). You can then "delegate" that veHNT to a subDAO and earn MOBILE or IOT tokens for that delegation. Does that make sense?

    • @KCole313.1
      @KCole313.1 Год назад +2

      I get that you can stake HNT to get voting power via veHNT and that you can delegate that veHNT to the subDAO to earn MOBILE or IOT. The thing I'm confused about is if you stake IOT or MOBILE. Does that only give you voting rights for the respective subDAO; no rewards associated with staking them?
      Also, thanks for ignoring the fact that I'm an idiot and kept saying "steaking" instead of "staking" 🤣

    • @thegristleking
      @thegristleking  Год назад +1

      @@KCole313.1 yes, you'll only get voting rights for staking IOT or MOBILE, nothing else.

    • @KCole313.1
      @KCole313.1 Год назад

      @@thegristleking Awesome, thanks for the clarification!

  • @e.stockburn4933
    @e.stockburn4933 Год назад

    What’s your HNT price prediction for 2023?

    • @thegristleking
      @thegristleking  Год назад

      No idea. I've learned I'm terrible at guessing prices (and so is everyone else). :)

    • @e.stockburn4933
      @e.stockburn4933 Год назад

      @@thegristleking I know what do you think at least 20$?

  • @dayzclips9093
    @dayzclips9093 Год назад

    what apr are you getting staking

    • @thegristleking
      @thegristleking  Год назад +1

      You don't get anything but voting power for staking. You receive tokens from a subDAO for delegating your stake to the subDAO. I haven't calculated that APR, my guess is it's so wildly varied as to be an useful number.

    • @dayzclips9093
      @dayzclips9093 Год назад

      @@thegristleking hi thanks for getting back yeah i ment what return would i get back on delgated tokens i plan to lock up some hnt for iot

    • @thegristleking
      @thegristleking  Год назад +1

      @@dayzclips9093 depends on a bunch of things; how many other folks delegate how much HNT to IOT or MOBILE. Kind of unpredictable right now.

  • @whatsmining9917
    @whatsmining9917 Год назад

    How do we use voting powers

    • @thegristleking
      @thegristleking  Год назад +1

      When a vote comes up you'll vote through your wallet, and depending on how much you have staked/delegated your vote will count for more or less.

  • @Gradinar_Incepator
    @Gradinar_Incepator 6 месяцев назад

    I have a qwestion for the best man on helium
    I wanna stake 10 hnt and delegate to mobile subdao
    Do you have any ideea how much mobile im gonna earn each day???

    • @thegristleking
      @thegristleking  6 месяцев назад

      Not much. It should show you in the app when you go to stake, but I haven't paid a ton of attention to it.

    • @Gradinar_Incepator
      @Gradinar_Incepator 6 месяцев назад

      @@thegristleking you are the King
      Tnx

  • @myirepair7002
    @myirepair7002 Год назад

    When I select to lock it says {"InstructionError":[0,{"Custom":1}
    Any ideas nik?

    • @myirepair7002
      @myirepair7002 Год назад +1

      I sussed it, I had to convert some hnt to sol to pay for the transaction lol

    • @thegristleking
      @thegristleking  Год назад

      Nice job!

    • @dazza0987
      @dazza0987 Год назад

      @@myirepair7002 how did you do this? i cannot find any option to do this? thanks in advance :)

  • @user-bo7yd2hr4e
    @user-bo7yd2hr4e 3 месяца назад

    Does Not work and Video shows an old version

    • @thegristleking
      @thegristleking  3 месяца назад

      Correct. This was shot 11 months before your comment, when we initially transitioned from Helium L1 to Solana. It is out of date.

  • @kilenum
    @kilenum Год назад

    How can I view my claimed rewards?

    • @thegristleking
      @thegristleking  Год назад

      Try swiping down in the wallet.

    • @kilenum
      @kilenum Год назад

      @@thegristleking thanks for the response. Are we talking about delegated iot rewards. All I see is an nft. No iot in wallet. Idk

    • @thegristleking
      @thegristleking  Год назад

      @@kilenum Check out this vid: ruclips.net/user/shorts2yQ6QA_mjmk

  • @liamscantrill658
    @liamscantrill658 Год назад

    Im out of DC, how tf do.I get more to assert my lovation. Starting to get really pissed with this

    • @thegristleking
      @thegristleking  Год назад

      Burn HNT to receive DC. Does that make sense?

  • @AlaskaJiuJitsu
    @AlaskaJiuJitsu Год назад

    What can I do with 5 bobcat300s?

    • @DR_Darkness4
      @DR_Darkness4 Год назад

      Do you want them?

    • @AlaskaJiuJitsu
      @AlaskaJiuJitsu Год назад

      @@DR_Darkness4 I want to buold somthing cool with them

    • @thegristleking
      @thegristleking  Год назад

      Deploy 'em where you or someone else needs coverage.

  • @worldbikeit
    @worldbikeit Год назад

    I DONT HAVE CLIFF OPTION