How to link your wallet to the Vault
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To start staking WMTx you must first manually verify your wallet in the Vault. The Vault looks at the entire status of the Cardano wallet that is attached (verified) in the Vault and is updated accordingly.
The wallet verification, or proof of ownership, involves a small transaction of a specific amount of ADA that is provided in the Vault dashboard. This number is different for each Vault and is an amount only you would be able to see.
To verify your wallet, you will need access to:
Your Vault
Your compatible Cardano wallet that holds your WMTx- please do not attempt to stake from an exchange wallet. To read about compatible wallets check out our doc .
Inside your Vault, you will have a wallet address section for staking. If you already have a pending wallet for staking, you might need to delete the address by clicking on the bin icon on the right-hand side, leaving you with a fresh field to verify your wallet address.
To verify your wallet, you need to enter your wallet address in the wallet address field. You will then see a precise amount of ADA to transfer to the address you added in the Vault, normally between 1.4 - 1.8 ADA. You can either make the transaction from within your own wallet or send this amount from another Cardano wallet. The verification amount must stay in that address while the Vault verifies the wallet. In most cases this is under 10 minutes but may take longer occasionally.
Pro tip: keep in mind any fees. Typically, your Cardano wallet will add the fees on top of the amount of ADA you wish to send meaning the intended amount is received in that address. Make sure you have enough ADA so you can perform the verification step.
Once your wallet has been verified you will start staking your WMTx.