Staking Node

✅ Part 1: How to Stake LanaCoin

1. Download the LanaCoin Wallet

• Visit the official GitHub repository: LanaCoin GitHub
• Download the wallet for your operating system (Windows, macOS, or Linux).
• Install and launch the wallet.

2. Sync the Wallet

• Allow the wallet to fully synchronize with the blockchain. This may take some time depending on your internet speed and the current blockchain size.

3. Transfer LANA to Your Wallet

• Send your LANA coins from an exchange or another wallet to your newly installed LanaCoin wallet.
• Wait for the transaction to confirm.

4. Unlock Wallet for Staking

• Go to Settings > Unlock Wallet.
• Choose “Unlock for staking only” and enter your passphrase.
• Your wallet must remain open and connected to the internet to stake.

5. Start Staking

• Once your coins have matured (usually 24 hours), staking will begin automatically.
• You’ll see a small green arrow in the wallet interface indicating active staking.

🎁 Staking Rewards

• Fixed reward: 1000 LANA per block
• Annual return: ~7% (subject to network conditions)
• Rewards are distributed to wallets that successfully stake a block.