November 17, 2023
 min read

Concordium (CCD) Delegation Guide

Editor
Louise Hallersbo
Email
louise.hallersbo@northstake.dk

About Concordium

Concordium is a public and permissionless L1 blockchain with ID and instant finalization at the protocol level providing unprecedented trust for applications of any scale.

Concordium is developed by professionals with global multi-sector experience and in collaboration with top-tier academic research centers. It is a blockchain network with a smart contract layer, low and stable fiat-based transaction costs and fast finalization.

Concordium is developed by the Concordium Foundation, a non-profit organization based in Switzerland.

Delegation Overview

Prerequisites

  • Concordium Wallet (Mobile or Desktop)
  • CCD tokens to stake

Delegation to Mobile Wallet

1. Setup and Fund Mobile Wallet

  1. Go to Concordium Downloads and download the wallet that supports your operating system. Follow the guidance in the app to create your account.
  2. Fund your wallet with CCDs.

2. Delegate to NORTHSTAKE's node

  1. Open the Mobille Wallet app and go to the accounts Dashboard
  2. Tape the balance ares of the account you wish to delegate from or press More
  3. Tap the hamburger menu in the left corner and press Delegation

  1. Read the information pages and press Next until you can register your delegation
  1. Enter NORTHSTAKE's Baker ID: 82826 and press Continue
  2. Enter the amount of CCD you wish to delegate and decide whether you want to automatically add your delegation rewards to your delegated amount
  1. Review information in the Transaction Overview and press Submit delegation transaction
  2. Once the transaction is submitted you see a confirmation screen. Tap Finish to register the delegation

Once the transaction is finalized, the delegation is effective within a short period of time. You can see the delegation in the account list and on the account card.

Delegation to Desktop Extension Wallet

1. Setup and Fund Desktop Wallet

  1. Go to Concordium Wallets and download the browser extension wallet. Follow the guidance to create your account.
  2. Fund your wallet with CCDs.

2. Delegate to NORTHSTAKE's node

  1. Open the Browser Extension Wallet and press the hand in the bottom menu

  1. Tap Setup delegation and read the information pages and press Next until you can register your delegation
  2. Enter NORTHSTAKE's Baker ID: 82826 and press Continue
  1. Enter the amount of CCD you wish to delegate and decide whether you want to automatically add your delegation rewards to your delegated amount
  1. Review the information in the Transaction Overview and press Send
  1. Once the transaction is submitted you see a confirmation screen. Click Finish to complete the action.

Once the transaction is finalized, the delegation is effective from the next payday. You can see the delegation type and amount on the account card

Congratulations! 🚀

Your CCD tokens are now actively staking, and you will begin earning rewards while contributing to the network’s security.

By following this CCD delegation guide, you have taken an important step in participating in the Concordium ecosystem. If you found this guide helpful, consider sharing it with a friend to help them get started with Concordium staking too.

Get support

If you want to get continued support and want to know more about delegating and validating on the Concordium network, reach out to northstake at info@northstake.dk or join our Telegram group