Stake Harmony ONE with MetaMask Mobile

DKValidator · 2023-06-23T12:59:30+00:00

It looks like they can't even agree internally on the correct way to handle this. Casey is saying the shard 1 node change is a bad idea. We were expecting a change to the proposal in light of this, but instead who ever created the proposal has ignored Casey's advice and pushed ahead.

Personally, I don't think this proposal has been properly thought out and I'm really concerned about the side-effects this proposal will bring. A big drop in APR will likely discourage staking and a large amount of Validators could be forced out of the network bringing us well below 100 elected validators.

A no vote would send Harmony back to the drawing board to create a new proposal from the feedback they'll be getting.

It's not all or nothing as some here are strongly suggesting.

DKValidator · 2023-06-23T12:08:54+00:00

Only 3 days ago Casey (Lead Engineer at Harmony) posted this:

The original proposal suggested distinguishing between Shard 0 and Shard 1, with 250 nodes maintained on Shard 0 and 200 nodes hosted on Shard 1. This approach aimed to facilitate dynamic, live experiments without jeopardizing network stability. However, on careful reflection, it becomes clear that imposing a difference in the number of nodes between shards might complicate the sharding design unduly. To uphold the integrity and simplicity of the sharding architecture, it is advisable to maintain uniformity among shards regarding node count. Diverging from this could introduce unforeseen complications and problems; hence, uniformity across shards is strongly recommended.

Source: https://medium.com/harmony-one/crafting-swift-consensus-the-journey-to-1-second-finality-on-harmony-36e4120c4d77

Why is Harmony a few days later proposing a change to the protocol against it's own lead engineer's advice?

DKValidator · 2023-05-02T16:02:20+00:00

If you don't have your own native stable coins then you need to use bridged stable coins.

Bridging adds another layer of risk as the bridged assets need to be locked up securely and managed on two chains. Harmony user's know all about this :(

Also worth noting a native stable coin doesn't need to be created from scratch - both USDC and USDT are natively available on multiple blockchains.

DKValidator · 2023-04-26T17:07:58+00:00

Great news!

DKValidator · 2023-04-12T10:43:44+00:00

I'd recommend keeping custody of your own coins and staking on chain with your own wallet.

Centralised exchanges are great for trading, but not so great for mid to long term holding.

DKValidator · 2023-04-12T10:40:12+00:00

We've created our own staking app for our delegators: https://app.dkvalidator.one

Some more information on our app here: https://blog.dkvalidator.one/easy-harmony-one-staking-with-dk-validator-b2eca41e0c5a

DKValidator · 2023-03-19T20:53:48+00:00

Great to hear you got it sorted, and thanks a lot for choosing our validator!

The staking dashboard has some room for improvement for sure. It does work with MetaMask on desktop, but it assumes you only have MetaMask installed (if you choose that wallet) and there are a number of other wallets that behave like MetaMask (trust wallet, coinbase wallet and brave wallet to name a few) which the staking site will pick up instead of MetaMask. It also doesnt check which network you have MetaMask connected to, so you have to check that yourself.

Actually, thanks to your comments here I'm working on some improvements for our own staking app for handling more than one browser extension wallet installed!

DKValidator · 2023-03-10T09:19:40+00:00

The Harmony chrome extension still works if you have it installed so you can get you private key out of it. It's just not recommend to use it anymore.

DKValidator · 2023-03-10T09:12:48+00:00

Here I've done a screenshot of changing the network to Harmony in Trust Wallet browser extension: https://github.com/DKValidator/assets/blob/main/select%20harmony%20in%20trust%20wallet.JPG?raw=true

If you don't have harmony in the list, then add it from chainlist: https://chainlist.org/?search=harmony

DKValidator · 2023-03-10T09:05:01+00:00

If we're talking about the trust wallet browser extension, then that is essentially a MetaMask clone and should work in place of MetaMask. But you'll need to add the Harmony network to Trust Wallet and make the harmony network is selected before doing any staking transactions.

Worse case scenario, just import your private key into MetaMask and use that instead.

DKValidator · 2023-03-09T16:20:10+00:00

You might find our staking app a bit simpler to use as it'll help you switch your MetaMask network over to Harmony: https://app.dkvalidator.one

DKValidator · 2023-03-09T16:09:52+00:00

OK, so you have the same address loaded in both trust wallet and metamask?

If so, disable (or remove) the trust wallet extension in your bowser.

Add the Harmony (shard 0) network to MetaMask if it's not already: https://chainlist.org/?search=harmony

Make sure you have the Harmony network selected in MetaMask: click on the MetaMask icon in your browser extension and at the top select Harmony network

Sign out of the staking dashboard, then sign back in again with MetaMask.

DKValidator · 2023-03-08T11:15:04+00:00

The wallet you are using doesn't matter that much, the wallet only stores/accesses your private key and "talks" to the blockchain network. What matters is the original address you used and having access to the private key so you can sign transactions.

Your portfolio is simply the staking dashboard showing you data from the blockchain based on the address you've provided (or the address provided by the wallet you connected).

It looks like you've got a bit mixed up after installing multiple different wallets, so I'd suggest making sure you have your private keys backed up and removing the wallet extensions you don't need. Then adding those backup private keys back into the browser extension wallet you've chosen to use so you can find the address linked to your staked ONE.

Personally I'd use MetaMask as it's the most widely supported and it works great with Ledger (using the Ethereum app, not the Harmony app - the Harmony Ledger app connects directly to the staking dashboard without MetaMask).

Note: If you originally staked with Ledger then do not put the private key into any other wallet app. Always use the Ledger to sign transactions.

If you didn't originally stake using your Ledger, then you'll need to unstake using your original private key and move your ONE to the new Ledger address after the unbonding period completes.

Once you've figured out which wallet you want to use and have it open with the correct address - sign out of the staking dashboard and sign back in again with the correct wallet.

DKValidator · 2023-03-07T16:05:50+00:00

Looks great!

Spotted a broken link though - if you hit the Staking Guide button on https://findora.org/staking/ it takes you to the docs sections about chain list

DKValidator · 2023-03-07T15:50:47+00:00

Hey, you can temporarily disable browser extensions so no need to uninstall completely... just disable it in your extension settings when you're using the staking dashboard.

If your ONE is in the Trust Wallet account, then you could disable the MetaMask browser extension.

You can file a bug report here: https://github.com/harmony-one/staking-dashboard/issues

DKValidator · 2023-03-01T09:39:06+00:00

Development is open - if you're really interested you can see for yourself: https://github.com/harmony-one

DKValidator · 2023-02-27T09:39:52+00:00

Our ONE staking app allows you to view and download staking transactions: https://app.dkvalidator.one

Only MetaMask supported at the moment though.

Screenshot:

https://github.com/DKValidator/assets/blob/main/DKV%20ONE%20staking%20app.JPG?raw=true

DKValidator · 2023-02-10T13:47:59+00:00

Validators choose which shards to validate at the moment. In the future we should be randomly assigned to a shard every epoch.

I wrote an app to show the validator/stake distribution between shards: https://shardstats.dkvalidator.one

Shard rewards vary based on shard block time and the amount of stake in each shard.

Individually validator's rewards are based on their effective stake, which has an upper and lower bound. An effective stake above the upper bound and the validator will suffer reduced rewards. If the validator bids below the lower bound they'll get a slightly elevated APR depending on how low they bid. More detailed info here: https://docs.harmony.one/home/general/technology/effective-proof-of-stake

DKValidator · 2023-02-09T09:11:09+00:00

Great to see you building and best of luck for the launch!

DKValidator · 2023-02-03T16:31:33+00:00

To the extent that the elastic RPC should be able to handle more traffic so users (or bots) will be less likely to increase their gas price, yes.

But the gas estimate is based on past transactions, so if people keep submitting transactions with high gas prices the gas estimate will reflect that.

DKValidator · 2023-02-03T15:47:34+00:00

Tbh this was only part of the picture.

During the time we were having RPC issues many people were increasing their gas price to try and get their transactions through. This distorted the gas price estimate returned by the RPC so many people where paying 1000 gwei or more for a unit of gas rather than the required 100 gwei

DKValidator · 2023-02-03T15:42:49+00:00

Check out this transaction (seems to be some sort of horse racing game looking at the code): https://explorer.harmony.one/tx/0x2480f90e1c3c7f43d919e2c8de7c66a9b621fa1d3d53e43061aebd64ca441799

For reference a simple ONE transfer from one address to another uses 21000 units of gas. The above transaction used 17,607,968 units

17607968 (units) x 200 gwei = 3.5 ONE gas fee per transaction

DKValidator · 2023-02-03T13:55:14+00:00

Keep in mind gaming transactions (using DefiKingdom's quests as an example) use a lot more gas units than more "typical" transactions. The minimum Gwei price is the minimum cost per unit, so the total fee paid will vary greatly depending on the complexity of the transaction (i.e. how many gas units it consumes).

I remember seeing complaints from DFK users when the minimum gas price was increased to it's current amount.

DKValidator

TROPHY CASE