How to stake Harmony (ONE)?

For those wishing to participate in staking without running a validator, delegation is the best approach to get involved and earn block rewards. Harmony ONE holders can delegate their tokens to existing validators using the official staking explorer. If the tokens are delegated to an elected validator, a portion of the block reward earned by the validator will be credited to the delegator.

The earned block rewards are stored in a separate reward balance of the delegator, which can be immediately withdrawn to the delegator’s account balance. The block rewards can also be staked again to achieve the compounding effect of staking.

For Validators: Validators are invited to follow this Step by Step guide, to start earning staking rewards!