How to Delegate your $PICA with Keplr, enable REStake , participate as a consensus participant to help secure the network, become a member of governance and earning staking rewards.

Jan 29, 2024 · staking-guide

Know about PICA

Picasso and PICA play crucial roles in the ever-growing ecosystem and future of Composable. PICA is the native token of two blockchains - Picasso on Kusama, and the Composable Cosmos Chain on Cosmos.

PICA is the token powering cross-ecosystem IBC. As a practical example of this, Picasso currently powers cross-ecosystem IBC transfer activity between the Polkadot, Kusama, and Cosmos ecosystems, with other ecosystems including Ethereum and Solana soon to be connected this becomes a massive value proposition.

see some parameters : https://genznodes.dev/staking/composable

How to stake Composable $PICA ?

Buy PICA

Make sure you have some $PICA in your wallet. If you don’t have it you can buy some on CEX or DEX. Here is the list:

GATE.IO
BINX
OSMOSIS = Recommend

Guide to buying PICA in osmosis

We will provide a short guide to buying PICA in osmosis.

Go to OSMOSIS

composable-buy-1

Enter the amount you wish to purchase
Click SWAP , Confirm tx
Go to ASSETS

you will be able to see the amount of your PICA balance composable-buy-2

Withdrawing $PICA from osmosis network to composable cosmos

from the image above. You can click Withdraw. That will redirect you to https://app.trustless.zone/ bridge.

The next step in the bridge stage is below. Make sure you read in detail.

Bridge PICA

Trustless.zone

composable-bridge-1

Connect your wallet with keplr (Previous wallet to buy PICA in osmosis).
Change network destination to Composable (Cosmos)

Select PICA for assets

composable-bridge-4

Enter amount
Click send , confirm tx and Done

You will be able to see the PICA balance in the composable Cosmos

Stake PICA with restake.app?

Please read the guide below carefully 👇

we will provide a guide on how to stake rio via restake.app with Keplr.

We assume that you already have $PICA. If you haven’t added Composable in keplr, you can add it here: https://chains.keplr.app/ > search Composable

Go to the restake.app page this link will show you the genznodes validator directly:

genznodes-restake

it will look like this pica-restake-1

Click the blue Delegate button
Input the number of $PICA you want to stake, make sure you leave some for gas fees. And click Delegate
Confirm tx
And it works, very easily. You will see the number of Delegations increase
Congratulations you have successfully staked PICA with genznodes.

Additional steps if you want to enable restake

Introduction, by activating REstake. will authorize us to submit Delegate transactions on your behalf for 1 year using Authz. They will only be authorized to delegate to their own validators. You can revoke the authorization at any time and everything is open-ended.

We will pay the transaction fees for you.

How to do it? Let’s follow the steps below

Click Enable REStake.

pica-restake-4

It will show menu such as short description, max ammount and expiration date of Authz.
Set up and configure as necessary. Then click Enable REStake

pica-restake-5