How to stake DIG Chain token-Beginner Guide
Dig chain ( Tokenized real estate on the Cosmos Network )
Dig Chain is a layer-1 blockchain focused on governance that serves as a center for a number of regional Dig chains, each of which is aimed to help with the tokenization of real estate. Dig Chain will support CW20 smart contracts as well. Cosmos SDK, Tendermint SDK, and Starport were used to create Dig Chain.
The rationale for the need for many regional blockchains is simple: real estate regulations vary greatly between countries. To ensure compliance with local rules, each blockchain will be geo-fenced to a certain jurisdiction.
How Dig Chain Operates
Dig Chain operates as a hub model, i.e.; Dig Hub Chain for governance (Dig Hub Chain will be responsible for project governance decisions), security and
consensus mechanisms, paying fees, and underlying Dig sovereign chains
allowing for local real estate regulations and requirements to be embedded in
their respective smart contracts. All sovereign chains will connect to the main
Dig Hub Chain via the Inter-Blockchain Communication (IBC) protocol
Blockchains can communicate with each other via the IBC protocol. IBC, the Cosmos ecosystem’s backbone, manages transport across multiple sovereign blockchains. This end-to-end, connection-oriented, stateful protocol ensures that communication between heterogeneous blockchains is stable, ordered, and authenticated.
Dig’s hub chain is already operational, with its own crypto currency, $DIG, available for purchase on numerous decentralised exchanges (DEXs), including Osmosis and JunoSwap. Osmosis is one of the world’s largest DEXs, with a total value locked in excess of $1 billion USD. The overall value of crypto assets placed in a decentralised finance (DeFi) system — or in DeFi protocols in general — is known as total value locked (TVL). It has become an important statistic for assessing interest in that particular crypto industry area.
Where Can We Buy Dig token?
You can buy $DIG Token on only decentralized exchanges( Known as DEX ).
How to stake the Digchain($DIG) token?
After buying on the exchange you need to transfer those Dig Tokens(DIG) to a self-custodial wallet to stake.
- Self custodial wallets (most popular One’s)
After you transfer your assets to your new wallet, open smartnodes.one to stake the DIG Tokens.
Step 1- Go to the delegate section and find the Digchain (DIG). Click on Delegate
Step 2- Click on Delegate again.
Step 3 -Connect your Keplr wallet
Step 4- Select Keplr — Click Approve.
Step 5- Input account name, make sure Dig Chain is selected in Import addresses for the chain. Click Next.
Step 6- Confirm check your address is correctly added and click on save.
Step 7-You have successfully imported your DIG into Smartnodes.one
Next, click Delegate to proceed into the staking.
Step 8- Now select validator, input the amount you want to stake, Fill the gas fee as 5000, select Keplr wallet, and click on Send.
Step 9- Approve the transaction in Keplr pop-up window.
Step 10- Congratulations, You have successfully staked your DIG with Smartnodes ( You can also see your asset allocation, rewards, and balance).
About Smartnodes
- Smartnodes Validator is a Proof of Stake service which offers 100% Slash and Double Sign Refund Protection.
- We are highly active in the cosmos and lend support where we can. We are community-driven. Smartnodes validator actively Votes on proposals to help ensure proper governance.
- The Infrastructure used by Smartnodes is only the Best of the Best with 10 Layers of security in place to protect your assets.
- We are currently offering Proof of Stake services ( POS ) on 33 cryptocurrency chains and growing, check out our website for our Validator nodes. Smartnodes.one
