I recently discovered, that, using Cosmostation, it‘s possible to choose

Question

I recently discovered, that, using Cosmostation, it‘s possible to choose

an alternative reward address where to claim the staking rewards to. Before trying this out with Binance, is that safe to do? When defining the rewards claiming address, one can also put a Memo.

#blockchain #cryptocurrency #english #kava

0

16.05.2022

9 ответов

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Kurt Автор вопроса

Cameron | Kava (I will never DM first)
If you stake your KAVA with a validator through Co...

Ah, okay, so probably the idea is not too cool. So when giving another Kava address from my ledger, the incentives are automatically rewared to this other address, too, besides the Kava rewards?

0

16.05.2022

Cameron | Kava (I will never DM first)

Kurt
Ah, okay, so probably the idea is not too cool. So...

As long as you stake your KAVA with a particular address, incentives get rewarded to its address, not redirected to a different address.

0

16.05.2022

CryptoDaz (Darren)

I think it's related to this recent proposal https://www.mintscan.io/kava/proposals/79

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16.05.2022

Cameron | Kava (I will never DM first)

CryptoDaz (Darren)
I think it's related to this recent proposal http...

Ah, this one. To be honest, I don't know how it works exactly. I can meet with someone from the Product / Engineering team to see if it is possible for stakers to transfer their unclaimed staking rewards to a different address.

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16.05.2022

smoe HH

Cameron | Kava (I will never DM first)
If you stake your KAVA with a validator through Co...

Hi. And it depends on the wallet? So if I stake with Trustwallet I wont get extra Hard and Swaps?

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16.05.2022

Cameron | Kava (I will never DM first)

that's new to me.

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16.05.2022

Kurt Автор вопроса

Cool, that worked like a charm! Putting in new claim reward address (different derivation path on my ledger) on Cosmostation Desktop. Claimed reward. Done! Only downside: There is no recording on the mintscan explorer for the destination address. The Kava just arrives there "without a trace". But for the sending address, I have the records on mintscan. Fine. Nice side effect: When claiming rewards on Cosmostation, only the Kava is claimed (to the given claim reward address). The addition swap and hard incentives, given to delegators, can be claimed separately via the Kava web app, together with the incentives vom liquidity pools and hard lending pools. And they are given to the delegator address. Nice design.

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16.05.2022

Alex

Kurt
Cool, that worked like a charm! Putting in new cla...

Thanks for the trial, now it's crystal clear to me how it works 👍

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16.05.2022

Cameron | Kava (I will never DM first) · Accepted Answer

Cameron | Kava (I will never DM first)

If you stake your KAVA with a validator through Cosmostation, you will be also earning SWP and HARD tokens, depending on how much you stake KAVA.

0

16.05.2022

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I recently discovered, that, using Cosmostation, it‘s possible to choose

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