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# Staking | ||
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If you hold the staking token `UM` you can delegate, or stake, those tokens to a validator. This enables | ||
you to receive rewards and participate in governance in exchange for taking on the risk of validator misbehavior. | ||
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To stake with Prax, first ensure you hold the Penumbra protocol's staking token `UM`. | ||
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Next, select the `Stake` tab on your frontend. | ||
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On the `Stake` tab, you can see how much `UM` you have available to delegate, along with a list of possible validators. | ||
For each validator, you will see some important data: | ||
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* `VP`: the voting power of the validator in the governance system, | ||
* `Com`: the commission rate that validator takes. | ||
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Once you select a validator to stake with, you can click the `Delegate` button. | ||
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Select how much `UM` you wish to delegate, then press `Delegate`: | ||
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<picture> | ||
<img src="./images/delegation_amount_example.jpg" /> | ||
</picture> | ||
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It will take a few moments for the delegation transaction to be prepared, then Prax will generate a view of your | ||
transaction. Verify one of the outputs is to the validator you selected, then click `Approve`: | ||
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<picture> | ||
<img src="./images/delegation_prax.jpg" /> | ||
</picture> | ||
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You should see a pop-up in the lower right hand of the page indicating that the transaction was approved! | ||
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<picture> | ||
<img src="./images/delegation_popup.jpg" /> | ||
</picture> | ||
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You will receive the delegation token associated with that validator. At a later point, you can undelegate by clicking the `Undelegate` button | ||
to undelegate from that validator, and receive staking tokens. |
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