Difference between revisions of "Managing ICP holdings"

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(Created page with "== Basic steps and concepts == When someone says that they are staking within the Internet Computer, they mean they have created a **neuron with locked ICP**. To vote and to...")
 
 
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== Basic steps and concepts ==
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The governance of the Internet Computer depends on people staking their [[ICP token]] and voting on proposals. To do this, there are four steps (each with different sets of options):
  
When someone says that they are staking within the Internet Computer, they mean they have created a **neuron with locked ICP**. To vote and to earn rewards, the neuron must have a lock-up period, a **dissolve delay**, greater than six months.
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# Acquire ICP
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# Custody
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# Staking
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# Voting
  
To stake, these steps will not change, but the tools, commands, or methods you use may be different depending on your needs or software changes to tools.
 
  
===To stake, there are three steps:===
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This article is an entry point into these four topics.
  
1. Generate a **private key** to control your neuron
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==Acquire ICP==
2. Create a **neuron** with a **dissolve delay** and at least 1 locked ICP
 
3. *Optional*: Add more ICP to the Neuron (“top up the neuron”)
 
  
===Once you stake, you can do any of the following four activities:===
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To get started, you first need to acquire ICP tokens. You can do this buying them in an exchange or by having someone you send you ICP.
  
1. Set your neuron to vote by ***following*** other neurons
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===Buy/Sell ICP at Exchanges===
2. Collect your neuron’s ***rewards***
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You can buy/sell ICP at the following exchanges:
3. ***Dissolve*** your neuron to get the ICP locked inside
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4. Become a vote leader: ***vote*** with your neuron
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* [https://www.coinbase.com/price/internet-computer Coinbase]
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* [https://www.binance.com/en/trade/ICP_USDT Binance]
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* [https://trading.bitfinex.com/t/ICP:USD?type=exchange Bitfinex]
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* [https://www.huobi.com/en-us/ Huobi Global]
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* [https://www.digifinex.com/en-ww/?t=1641583456 DigiFinex]
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* [https://www.okex.com/ OKEx]
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* [https://www.kucoin.com/ Kucoin]
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* [https://www.gate.io/ Gate.io]
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* [https://www.bitmart.com/ BitMart]
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* [https://coinlist.co/ CoinList]
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* [https://wazirx.com/ WazirX]
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* [https://www.bkex.com/ BKEX]
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* [https://www.coinex.com/ CoinEx]
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* [https://bilaxy.com/ Bilaxy]
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* [https://www.biki.com/en_US/ BiKi]
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* [https://www.hotbit.io/ Hotbit]
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* [https://www.zb.com/en/ ZB]
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* [https://www.bitladon.com/internet-computer Bitladon]
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* [https://hitbtc.com/icp-to-btc HitBTC]
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===Seed Round Contributors===
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Seed round participants who wish to claim their neurons should first see: [[How-To: Claim neurons for seed participants]].
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==Custody==
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Custody is the act of managing your ICP. There are many options, each with different security and usability trade-offs.
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For a summary of the range of options available to you depending on your comfort level, see [[ICP custody options]].
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==Staking==
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Once you decide on your custody, staking is the action of locking ICP within a [[neuron]] with a [[dissolve delay]]. [[Staking and voting]] are critical to [[Governance of the Internet Computer]].
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By staking you can vote on NNS Proposals and collect NNS rewards. There are many options for staking, each with different security and usability trade-offs. See [[ICP staking options]].
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==Voting==
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Voting is the act of voting on [[NNS proposals]] using neurons. See [[ICP voting options]].
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==See Also==
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* [[Governance of the Internet Computer]]
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* [[Staking and voting]]
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==External links==
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* https://www.dfinitycommunity.com/best-exchanges-to-buy-icp/
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* https://medium.com/dfinity/the-community-led-governance-of-the-internet-computer-b863cd2975ba
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* https://medium.com/dfinity/earn-substantial-voting-rewards-by-staking-in-the-network-nervous-system-7eb5cf988182
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* https://medium.com/dfinity/introducing-the-ledger-internet-computer-icp-app-for-nano-wallets-eed38c549f0d

Latest revision as of 20:10, 19 January 2022

The governance of the Internet Computer depends on people staking their ICP token and voting on proposals. To do this, there are four steps (each with different sets of options):

  1. Acquire ICP
  2. Custody
  3. Staking
  4. Voting


This article is an entry point into these four topics.

Acquire ICP

To get started, you first need to acquire ICP tokens. You can do this buying them in an exchange or by having someone you send you ICP.

Buy/Sell ICP at Exchanges

You can buy/sell ICP at the following exchanges:

Seed Round Contributors

Seed round participants who wish to claim their neurons should first see: How-To: Claim neurons for seed participants.

Custody

Custody is the act of managing your ICP. There are many options, each with different security and usability trade-offs.

For a summary of the range of options available to you depending on your comfort level, see ICP custody options.

Staking

Once you decide on your custody, staking is the action of locking ICP within a neuron with a dissolve delay. Staking and voting are critical to Governance of the Internet Computer.

By staking you can vote on NNS Proposals and collect NNS rewards. There are many options for staking, each with different security and usability trade-offs. See ICP staking options.

Voting

Voting is the act of voting on NNS proposals using neurons. See ICP voting options.

See Also

External links