Talisman - Full Guide
Last updated
Last updated
Step 1: Navigate to the Talisman website and click 'Get Started'.
Step 2: Click on 'Add to Chrome'.
Step 3: Click on 'Add extension'.
Step 1: After installing the extension, you will be redirected to the getting started page. Click on 'Get Started'.
Step 2: Choose a strong password, fill it in twice and click on 'Continue'.
Step 3: Choose whether you want to share anonymous usage information with Talisman and proceed by clicking on either 'No thanks' or 'I agree'.
Step 4: Make sure 'New' is selected and click on 'New Polkadot Account'.
Step 5: Make sure 'Polkadot' is selected, fill in a name for your account under 'Account name' and click on 'Create'.
Step 6: Click on 'Acknowledge and Continue'.
Step 7: Select either '12-word' or '24-word', save the recovery phrase words shown somewhere safe, check the checkbox, and click on 'Verify recovery phrase'.
Step 8: Click on the words of your recovery phrase in the correct order until all of them are filled in and click on 'Complete Verification'.
Step 9: Click on 'Done'.
Step 10: Click on 'Enter Talisman'.
Step 11 (recommended): Click on the extension icon at the top right of Google Chrome.
Step 12: Click on the pin next to Talisman. This will ensure that you always have easy access to your Talisman extension.
Step 1: On the Talisman overview page, click on 'Receive'.
Step 2: Click on the account on which you want to receive the $AVAIL.
Step 3: Type in AVAIL in the search field and click on the copy button next to the AVAIL result.
Step 4: After sending the $AVAIL to the address, you will see it reflected after a couple of minutes.
Step 1: Browse to the Avail staking page and click on 'Connect' in the top right corner of the screen.
Step 2: Click on 'Talisman'.
Step 3: Select an account in the Talisman prompt and click on 'Connect 1'.
Step 4: Click on 'Go To Accounts'.
Step 5: Click on your account.
Step 6: You are now connected to the staking page. You will see details such as your address, your balance, whether you are nominating, and more.
Step 1: Click on 'Validators' on the left side of the staking page.
Step 2: Click on 'Clear'.
Step 3: Search for 'speedy' and click on the heart to add our validator to your favourites.
Step 4: Click on 'Nominate' on the left side of the staking page.
Step 5: Click on 'Start nominating'.
Step 6: Select what you want to do with your rewards; compound, add them to your liquid account balance or add them to another account's liquid account balance. After that, click on 'Continue'.
Step 7: Click on 'From Favorites'.
Step 8: Our node will be added as a nominated validator. To ensure you receive staking rewards every ERA, select several 'High performance' or 'Active' validators. We'll add 4 in our example.
Step 9: Click on 'Continue'.
Step 10: Fill in the amount of $AVAIL you want to nominate (at least 1000) and click on 'Continue'.
Step 11: Check if all details are correct under 'Summary' and click on 'Start Nominating'.
Step 12: Click on 'Approve' in the Talisman prompt.
Step 13: You have now successfully nominated your $AVAIL. You will receive your first rewards after 1-2 ERAs and every ERA after that.