Frontier is excited to announce Native Support for BAND Staking on Mobile. This guide will walk you through the required steps for creating a Non-Custodial & decentralised wallet, and Native Staking using Frontier Wallet.
We will divide the guide into two parts
- Creation of BAND Wallet
1.0 – Creating new BAND Wallet
1.1 – Importing BAND Wallet to Frontier
1.2 – Tracking BAND Wallet
- Native Staking BAND
2.0 Staking/Delegating BAND
2.1 Claiming rewards
2.2 Re-delegating BAND to other validators
2.3 Un-Staking BAND tokens
1.0 Creating new BAND Wallet
Step – 1 Download Frontier DeFi App
Frontier is compatible with Android devices and can be downloaded from Play Store.
Android – Play Store
Step – 2 Launch the App and Create BAND Wallet
Launch the App and Click on Proceed which takes you to the Wallet creation page and then Click on Create Multi-coin wallet and Set up your Frontier Pin
Launch Frontier -> Proceed -> Create Multi-coin wallet -> Set up Frontier Pin
⚠️ NOTE: There is no way to recover your PIN if you lose it, Frontier does not store any user information.
Step – 3 Backup your 12 Word Seed phrases
After setting up the Frontier Pin, back-up 12 Word Seed Phrases
⚠️ NOTE: Frontier never stores Seed Phrases and user information, incase of loosing seed phrases. Frontier won't be able to recover the wallet. We Always recommend users to store their Seed phrases safely and securely where only they can access it.
We now have successfully created a Multi-Coin Wallet.
Step – 4 Access BAND wallet
To Access your BAND Wallet. Navigate to Menu -> Click on the scroller -> select BAND
1.1 Importing BAND Wallet
If you already have BAND Wallet, you can import it to Frontier Wallet in following steps.
Click on Import Wallet -> Choose BAND or Multicoin Wallet if you want to import multicoin wallet -> Enter your Phrase/ Key-store/ Private key -> Click on Create Pin
You have successfully imported your BAND Wallet to Frontier
1.2 Tracking BAND Wallet to Frontier
If you have created BAND Wallet using Ledger/Web wallets, you can use Frontier to track Staked Positions and Balances seamlessly on Mobile with rich Staking Notifications.
Click on "Import Wallet" -> Choose "BAND" -> Select "Address" -> Enter your BAND address -> Click on Import.
You have successfully added BAND Wallet for tracking.
2.0 Native Staking on Frontier
After successfully creating BAND Wallet, Let's load-up the Wallet with some BAND Tokens
Click on Receive -> Copy the address or Scan the QR Code -> Send BAND tokens to your BAND Wallet.
⚠️ NOTE: Frontier Wallet supports BAND mainnet tokens, and not BAND ERC20 tokens (BAND Mainnet addresses start with “band”). Make sure to check if the wallet you are sending your BAND from is a BAND mainnet address.
Now that we have BAND Tokens in our Wallet, It's time to put BAND tokens to Work!
Click on "Stake" Option -> Click on Band Protocol card -> Select Validator -> Enter the BAND tokens to stake -> Click on "Stake" -> Click "Confirm" on final screen.
😎Pro Feature: When entering the amount of BAND tokens to stake, you can see Estimated Returns when you stake your BAND tokens for 1 Day, 1 Week, 1 Year
2.1 Claiming the rewards
After delegating/Staking BAND tokens, the Staked BAND tokens starts generating staking rewards which can be claimed in following easy steps
Click on "Claim Rewards" -> Select the Validator -> Enter Frontier Pin -> Your Reward is claimed successfully
2.2 Re-delegating BAND Tokens
You can Re-delegate your staked position onto other validators in the network without having to go through un-bounding period.
Click on "Redelegate" -> Select the Staked position you wish to re-delegate -> Click "Choose" -> Select the Validator you wish to re-delegate -> Enter the Frontier Pin -> Successful Re-delegation!
2.3 Un-Staking BAND Tokens
Staked BAND can be un-bounded from a validator but will be locked up for 21 days in order to be available for transfer.
Click on the "Stake" option from Menu -> Click on the Card under staked assets ---> Click on "Unstake" -> Enter the amount you wish to unstake -> Click on the button -> Enter Frontier Pin -> Successful un-bounding.
⚠️ NOTE: BAND tokens will be available for transfer after 21 days of un-bounding period. No Rewards will be generated during this un-bounding period.