Overview
Specialized chains
- P-Chain (Platform Chain) — the layer responsible for staking. Anchorage labels the P-Chain native asset
AVAX_PCHAIN. - C-Chain (Contract Chain) — an EVM-compatible smart contract layer used for deploying decentralized applications (dApps) and executing standard DeFi transactions. Anchorage labels the C-Chain native asset
AVAX.
Supported features
Operate your own validator. Anchorage Digital also supports operating your own AVAX validator. To enable this feature, contact your Relationship Manager. For the full process, see Stake your own validator.
Bridging is a two-part process. When you bridge AVAX between C- and P-Chain, the bridging requires two separate operations that need to be initiated. For example, you first need to export from C-Chain (Part 1) and then go to your P-Chain wallet and initiate the import operation (Part 2) to complete bridging.
General steps to stake AVAX
- Deposit AVAX to your Anchorage wallet.
- Bridge AVAX to your Anchorage P-Chain wallet.
- Stake AVAX_PCHAIN to any validator on the Avalanche network (you will stake for the duration of the validator’s staking period).
- At the end of the staking period, your staked principal AVAX plus your staking rewards will return to the P-Chain wallet you staked from.
- You can bridge back from P-Chain to C-Chain or re-stake.
Bridge from C-Chain to P-Chain
1
Create your P-Chain wallet
Create a P-Chain wallet (
AVAX_PCHAIN) that will receive your bridged assets.2
Navigate to your C-Chain wallet
Navigate to your C-Chain AVAX wallet.
3
Export to P-Chain
Tap the Stake button, then tap Export to p-chain. Enter the amount to bridge and select the P-Chain wallet that will be your Destination Address.
4
Initiate and approve
Initiate the operation and gather quorum approvals.
5
Import to P-Chain
After the operation completes, navigate to the Destination Address P-Chain wallet. Tap Import from c-chain, then tap Next. The amount you exported is automatically populated. Add an optional comment, then tap Review. Review the operation and tap Submit and approve.
Bridge from P-Chain to C-Chain
1
Create your C-Chain wallet
Create a C-Chain wallet (
AVAX) that will receive your bridged assets. Deposit a small amount of AVAX to the wallet.2
Navigate to your P-Chain wallet
Navigate to your P-Chain AVAX_PCHAIN wallet.
3
Export to C-Chain
Tap the Stake button, then tap Export to c-chain. Enter the amount to bridge and select the AVAX wallet that will be your Destination Address (you must select a C-Chain wallet with a tiny amount of AVAX to complete bridging).
4
Initiate and approve
Initiate the operation and gather quorum approvals.
5
Import to C-Chain
After the operation completes, navigate to the Destination Address C-Chain wallet and tap the Stake button.Tap Import AVAX from p-chain, then tap Next to complete the import. Review the amount to import (automatically populated for you), add an optional comment, then tap Review. Review the operation and tap Submit and approve.
If the Stake button is greyed out, tap the Hide card link below it to see the additional options.
Stake AVAX_PCHAIN
When you delegate to an existing validator, you choose a staking duration of at least 14 days and at most 365 days. Your chosen duration must end on or before that validator’s own staking period ends.1
Navigate to your P-Chain wallet
Navigate to your AVAX_PCHAIN wallet.
2
Initiate staking
Tap the Stake button, then tap Stake in the drop-down.
3
Enter validator address
Enter the validator address that you wish to stake to. To delegate to an Anchorage Digital validator, use one of these NodeIDs:
NodeID-J6og828vTYU1Vpb5MET9MT7JS6iqMjRSCNodeID-CLquKzhJZaQ2B5XxpKnk3HjnRsp6GXQoG
4
Enter stake amount
Enter the amount you wish to stake.
Minimum stake amount is 25 AVAX + 0.05 AVAX for fees.
5
Preview and submit
Tap Preview operation, then tap Confirm and submit for approval.
6
Quorum approval
Have your team members quorum approve the operation.
Stake your own validator
Anchorage Digital also supports operating your own validator on the Avalanche network. To enable this feature, contact your Relationship Manager. Before you begin, gather your validator’s NodeID, BLS public key, and BLS signature (proof of possession). You also need a minimum of 2,000 AVAX_PCHAIN in your P-Chain wallet.1
Navigate to your P-Chain wallet
Navigate to your AVAX_PCHAIN wallet.
2
Create a validator
Tap the Actions button, then select Create Validator.
3
Enter your validator details
Complete the fields:
- Node ID — your validator’s NodeID.
- Public Key — your BLS public key.
- Signature — your BLS signature (proof of possession).
- Staking Rewards Commission — the commission you charge delegators, pre-filled at 5% and adjustable.
- Amount — the amount to stake, or tap Set max. The minimum is 2,000 AVAX plus 0.05 AVAX for fees.
- Duration — the number of days the validator will be active, from a minimum of 14 days to a maximum of 365 days.
- Staking Reward Address — the wallet where your validator rewards are deposited.
- Delegation Reward Address — the wallet where commission from your delegators is deposited.
4
Preview and submit
Tap Preview operation, review the details, then tap Confirm and submit for approval.
5
Quorum approval
Have your team members quorum approve the operation.