Start your staking journey or explore more information about staking on Polkadot's Home PageDiscover this new Staking Dashboard that makes staking much easier and check our extensive article list in the Overview article to help you get started.


This article explains how to use the Staking Dashboard to join a nomination pool.


In this example, we are using the Westend testnet, but the process is the same for Polkadot and Kusama.


How to Join a Nomination Pool


IMPORTANT: You can only participate in a pool with transferable balance and the amount you participate with is transferred from your account to the nomination pool. The pool account is controlled only by the pool's internal logic and no one else.


NOTE: An account can only be a member of one pool at a time.

1. To join a pool, navigate to the "All Pools" tab or click + Join Pool.



Here is where you can browse available nomination pools. 


2. Navigate to the pool you would like to join and select the Join > button.



3. Next, enter the number of tokens you'd like to bond and click Submit. Take note of the transaction fees.



4. After the transaction completes, the "Overview" tab will be presented again, displaying which pool is occupied.



How to Increase Your Bond in the Pool


1. To increase your existing stake, click on the + button.



2. Select Bond Extra.



3. Choose the amount you want to add to your bonded tokens and click Submit.



Limitations


  • A member cannot vote (e.g. in Referenda or for Council members) with their nominated funds. This may be changed in the future once accounts are afforded the ability to split votes.
  • In order for a member to switch pools, they must wait for the unbonding process: 7 days on Kusama and 28 days on Polkadot.
  • A member can partially unbond the staked funds in the pool (at most 16 partial unbonds). See this article on how to unbond or exit a pool.


See this article for more information on how to create and destroy pools.