Neutron Wallet: Send and Stake NTRN on a Sovereign Chain

Your neutron1 address and Neutron assets

A Neutron address starts with neutron1. Keylo derives it from coin type 118 on the usual Cosmos path, m/44'/118'/0'/0/0, matching Keplr and Leap, so importing a phrase from those wallets shows the same address and any existing delegations. The same key backs your cosmos1, osmo1 and other coin type 118 addresses, each on its own chain with its own balance.

Assets on Neutron come in a few forms. IBC tokens arrive from other chains and carry ibc/ denominations. Token factory assets are created on Neutron itself and have denominations starting with factory/ followed by the creator's address. Some older tokens are CW20 smart contracts. Keylo lists the native tokens in your account balance, such as IBC and token factory assets, next to NTRN.

Token factory makes it cheap for anyone to create a token with any name, so a token called USDC on Neutron is only genuine if its denomination traces back to the real issuer route. Mintscan shows the full denomination of every token, and a quick look there is the simplest way to tell a real asset from a look-alike.

How to create a Neutron wallet with Keylo

Keylo never receives the phrase or your password in readable form, so it cannot move, freeze or recover your NTRN. The flip side is responsibility: without the phrase, a forgotten password means a lost wallet. Write it down before you deposit, and never store a photo of it on a cloud drive.

1. 1

   Open the Keylo sign-up page in a browser on your phone or computer.

2. 2

   Register with name, email, phone and password, then verify the email address.

3. 3

   Keylo's web app creates a 12-word recovery phrase locally and encrypts it under a key that only your password can derive.

4. 4

   Choose Neutron in your asset list. Its neutron1 address is displayed with a network label.

5. 5

   Visit Settings, re-enter your password, reveal the phrase and copy it onto paper kept somewhere safe.

How to receive NTRN and tokens

Neutron produces blocks quickly and finalizes them immediately, so deposits usually show up within a few seconds of being sent. If an asset is supposed to arrive by IBC and does not, check the sending chain's transaction first: IBC transfers depend on relayers carrying a packet between chains, and a stuck or timed-out packet refunds the sender rather than reaching you. Ask the sender for the transaction hash, look it up on Mintscan, and you will see whether the packet was received, is still pending or was returned.

1. 1

   Open NTRN, or the token you expect, and tap Receive.

2. 2

   Copy your neutron1 address or show the QR code.

3. 3

   Have the exchange or sender withdraw on the Neutron network. Another Cosmos chain must use an IBC transfer to Neutron.

4. 4

   Follow the incoming transfer in Activity; each entry opens on Mintscan.

How to send NTRN

A Keylo send moves tokens within Neutron. It is not an IBC transfer, so the recipient must be a neutron1 address. Once included in a block, the transfer is final. Exchanges that pool deposits under a single address depend on your memo to credit you, so a missing memo means waiting for their support team to match the transaction.

1. 1

   Tap Send on NTRN or the Neutron token you want to move.

2. 2

   Enter a neutron1 address by pasting it or scanning a QR code. Addresses with another prefix are rejected.

3. 3

   If the destination is an exchange, paste its memo into the Memo field.

4. 4

   Choose an amount or Max.

5. 5

   Look over the recipient, memo, exact amount and network fee, then confirm. Keylo signs in your browser.

Neutron fees and the dynamic gas price

Neutron uses a fee market: the minimum gas price adjusts with demand, rising when blocks fill up and falling when they are quiet. Your fee is the transaction's gas limit multiplied by that price in untrn, where 1 NTRN equals 1,000,000 untrn. Transfers and staking actions use little gas, so fees are a small fraction of an NTRN.

Neutron can accept fees in several tokens, but Keylo pays in NTRN, so hold some NTRN even if your main balance is a stablecoin. Cosmos chains charge the full gas limit rather than refunding what is unused, and a transaction rejected for paying too little never reaches a block, so it costs nothing. Keylo shows the network fee in its summary and adds no fee of its own.

How to stake NTRN

Staking NTRN bonds it to a validator's stake while it stays in your own account. Neutron's validator set is much smaller than the Cosmos Hub's, so each validator carries a larger share of the network's security. Spreading your stake across more than one operator helps both you and the chain.

Neutron also has liquid staking protocols that issue a tradable token in exchange for staked NTRN. Those run as smart contracts with their own risks and are used through their own apps. In Keylo you stake natively: your NTRN is delegated directly to the validator you choose, with no extra contract in between and no token to keep track of.

1. 1

   Open NTRN and go to its staking area.

2. 2

   Look through the validator set. Check commission, uptime and how long each operator has validated Neutron.

3. 3

   Delegate the NTRN you want to stake, keeping some back for fees.

4. 4

   Confirm after reviewing the summary.

5. 5

   Return later to claim rewards, redelegate or undelegate.

Neutron's 20-day unbonding period and slashing

When you undelegate NTRN, it enters a 20-day unbonding period, a little shorter than the Cosmos Hub's 21 days. During it the NTRN earns nothing and cannot move, and then it returns to your balance automatically. Redelegation to another validator is instant, but stake you have redelegated cannot be redelegated again until 20 days pass.

Neutron's current slashing rules take 5% from a validator caught double-signing and 0.01% from one that goes offline for too long, which is also jailed; delegators lose the same percentage of their stake. Governance can change these settings, and the numbers on the chain are always the ones that apply, so check a validator's history on Mintscan before delegating.

Moving NTRN to other networks

Swaps and bridges are not available for Neutron in Keylo, so NTRN you hold there stays on Neutron. To trade it, deposit to an exchange that supports the Neutron network, with the right memo. IBC transfers to other Cosmos chains are done through Neutron apps or other IBC-capable interfaces rather than through Keylo. Check where Keylo can receive the result on the chains page, and remember that staked or unbonding NTRN cannot be moved until it is free.

Neutron safety tips

• Verify token factory and IBC denominations before accepting a token as payment. Names are trivially copied.
• Be careful with DeFi sites that ask for broad permissions or grants on your account; only use apps you trust.
• Never enter your recovery phrase on any site offering NTRN airdrops or staking boosts.
• Include the exchange's memo with every deposit to an exchange.
• Turn on two-factor authentication and an anti-phishing code, covered on Keylo security.
• Keep a small NTRN balance for fees so you can always claim or undelegate.
• Log out of devices you no longer use from the session list in Settings, and act quickly on any new-login alert you do not recognise.

Frequently asked questions