Beginner's Guide to IRISnet (IRIS) Cold Staking

Users who choose to hold their own coins can join the IRISnet (IRIS) cold staking on the MyCointainer node. Delegators can earn up to 7.35% APR and so much more.

Beginner's Guide to IRISnet (IRIS) Cold Staking

MyCointainer continues to innovate various staking services for our users. Hence, we are pleased to announce the integration of the cold staking system of the IRISnet (IRIS) as added approach to earn passive income. We believe this is another step towards development and improves the quality of service, comfort, transparency and security of your funds.

With Cold Staking, you delegate your IRIS tokens to the MyCointainer node that stakes your coins on your behalf. Since MyCointainer node is actively staking new blocks on the IRISnet blockchain, Cold Staking offers the same network security benefits as a regular staking and therefore the same rewards.

The advantage of cold staking is that you are still in control of the coins you own, and that your rewards will be retained in your safekeeping. MyCointainer node cannot access your funds and will not have any portion of your stake rewards.

Delegation Terms

Annual Percentage Rate
Minimum stake
Unbonding Period

Validator Node Address


Let's stake!

Select Wallet

Keplr Wallet

  1. Sign in to your Keplr wallet.
  2. In the Keplr dashboard find IRISnet on the list in the side menu, expand it and select “Stake”.
  3. Select the MyCointainer from the list of validators and click “Manage”. Then click the “Delegate” button.
  4. Enter the amount of IRIS tokens you want to stake, select “Delegate” and then “Approve” in Keplr pop up window and that’s it.
  5. Enjoy your rewards on cold staking!

Notes:
1. Always leave a small amout of IRIS tokens in your unstaked balance to cover possible fees.

2. IRISnet rewards need to be collected and restaked manually.

Cosmostation Wallet

  1. Sign in to your Cosmostation Wallet. And switch to the Iris chain.
  2. Click on the "Delegate" button on the side menu.
  3. Find the “MyCointainer.com” node.
  4. Press the "Delegate" button, enter the amount you want to delegate, and then press "Next".
  5. Press the "Confirm" button to confirm delegation.
  6. Enjoy your rewards on cold staking!

Notes:
1. Always leave a small amout of IRIS tokens in your unstaked balance to cover possible fees.

2. IRISnet rewards need to be collected and restaked manually.

Rainbow Wallet

  1. Sign in to your Rainbow wallet.
  2. Click on the “Stake” and then click on the “Validators” section.
  3. Search for "MyCointainer" and click on it.
  4. Select the “Delegate” button and enter the amount you wish to delegate, continue with “Next” button. Type in the password, click “Confirm” and that’s it.
  5. Enjoy your rewards on cold staking!

Notes:
1. Always leave a small amout of IRIS tokens in your unstaked balance to cover possible fees.

2. IRISnet rewards need to be collected and restaked manually.

Ledger

  1. To start, you have to install Keplr Chrome extension and import your Ledger account by “Import Ledger” option.
  2. In the Keplr dashboard find IRISnet on the list in the side menu, expand it and select “Stake”.
  3. Select the MyCointainer from the list of validators and click “Manage”. Then click “Delegate” button.
  4. Enter the amount of IRIS tokens you want to stake, select “Delegate” and then confirm the transaction with your Ledger.
  5. Enjoy your rewards on cold staking!

IRISnet (IRIS) Hot Staking

  1. New users register at https://www.mycointainer.com/signup/, registered users login to https://www.mycointainer.com/
  2. After login, choose deposit option.
  3. Choose "I already have coins" and search for IRISnet (IRIS) from the list.
  4. After choosing IRISnet (IRIS), click on generate address.
  5. Deposit IRIS tokens to the address displayed. The moment your deposit is successful your staking rewards will start.

IRISnet (IRIS) Trading

MyCointainer fully supports the IRISnet ecosystem, enabling the trade of BTC/IRIS, EUR/IRIS pairs giving the best prices.

Buy your IRIS tokens today through MyCointainer Exchange and receive bonus coins!