CRO staking in the Cosmos ecosystem

By Cryptowido | Cryptowido | 5 Mar 2023


Hello,

In a previous post : Cosmos Ecosystem.
I presented my debut in the Cosmos Ecosystem using the Keplr wallet.

Two days ago, March 3, 2023, I sent some of my CRO to the Crypto.org chain in the Cosmos Ecosystem.
To start, I sent 1 CRO to my public wallet address that I hadn't used yet.
These CRO were in my Crypto.com (App) account with a transaction fee of 0.001 CRO.

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In my previous choices of validators, I had often chosen Meria.
It was an easy choice because Meria is not completely unknown to me.
I have an account and use their staking services on their platform.
Also, I saw youtube videos of the person who created Meria (formerly Just Mining, name changed recently).

Because I have to trust the validators I choose to do the job properly.
Configuration, maintenance, updates, synchronization with Blockchain, Security, etc.

The previous screenshot was taken on the Interchain Explorer : Mintscan by Cosmostation.

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Now I want to choose two validators to delegate my CRO in Keplr dashboard.
Let's start by looking at the list of validators from the Crypto.org chain.

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I recognize a name in the list.
A French and I would even say Breton validator: FR Crypto.bzh.
I start by consulting their website :

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Good presentation, good statistics.
And on Mintscan:

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So, I chose a first validator and I delegated 10000 CRO.

I choose a second validator the same way.
I'm looking at the staking.cafe website :

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Good presentation and in "Check our statistics", a link directly to Mintscan :

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Here, I chose a second validator and I delegated 5000 CRO.
I will delegate an additional 5000 CRO to this validator when my CRO is released from staking to my Crypto.com App account in about a month.

A website to present, reflect their activity.
Quick and easy access to statistics.

I take into account their presentations and their past statistics to trust them in the future.
I just delegated my CRO to these two validators so I hope they will continue to take care of their nodes.

Choosing different validators contributes to decentralization.
Choosing different validators also helps to divide my risk.

On the other hand, there is always the risk of a collapse of the Cosmos ecosystem.
This risk is real for different reasons.
On the contrary, I hope that this nascent ecosystem will continue to grow and evolve.

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Access and use must be simplified and clarified for greater adoption.
In my opinion, the Cosmos Ecosystem is well done and moving in the right direction.
Because even a novice user like me can use the tools present in this ecosystem without any real difficulty.

Keep up the Good Work in the Cosmos Ecosystem.

This is not investment advice.
And the possibility that I'm wrong is also to be taken into account.
The crypto market is young, volatility is high, do your own research and measure the risks before making a decision.
I share what i do, nothing more.

Thanks for reading my post and happy Earnings :)

Publish0x Links : Cosmos Ecosystem - My Crypto Investments Part 3 - My Crypto Investments Part 4 - My Crypto Investments Part 5 - Buy The Fact - Bitcoin Bull Rally 2019 - My Strategy 2023 - My Crypto Investments Part 6 

Other Links : kelpr - cosmostation - Mintscan 

Referral Links : Crypto.com App - Crypto.com Exchange - Meria 

 

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Cryptowido
Cryptowido

Hello Cryptolovers. Happy Earnings. My Website : https://cryptowido.wixsite.com/cryptowido


Cryptowido
Cryptowido

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