This guide explains how to stake on Polkadot and Kusama.
Kusama is the beta “CanaryNet” for Polkadot. It is a separate network with its own native KSM token, which is different from the Polkadot network and its native DOT token. More information on Kusama can be found here.
All of the mechanics described on this page apply to both Kusama and Polkadot. But always make sure you double-check which network you are performing actions on.
About Nomination on Polkadot
In Polkadot, nomination is the process of staking your tokens behind a validator to earn rewards. Validators provide security to the network and support the production of new blocks. In other DPoS networks, nomination is frequently called delegation, but we will use the Polkadot term nomination throughout our documentation for clarity and correctness.
NOTE: This guide was produced in October 2019, prior to the launch of the Polkadot MainNet and during the soft launch period of Kusama, which has a number of restrictions. As a result, the examples on this page will use the Alexander TestNet to demonstrate the nomination process. The nomination process is the same across all three networks.