This staking guide shows how you can stake with AUDIT.one.
However, please note that you can use any other validator of your choice.
Read our article why it is important to spend some time choosing the right validator before you stake.
How to stake XPRT tokens on Persistence¶
Before continuing with this guide please be sure that:
- You have a Persistence wallet
- You have XPRT tokens in your Persistence wallet
- You know what staking is.
- You understand the risks involved with staking
1. Go to the Persistence staking page¶
Which you can easily access by clicking this link: Stake XPRT
2. Choose AUDIT.one as your validator¶
You can either do this by scrolling down in the list until you find our logo or you can use the shortcut "Ctrl + F / Command + F" on your keyboard and type in AUDIT.one
Once you've found it, click Actions on the right side:
This screen will pop up and give you some more info about AUDIT.one.
Want to get more info about this commission fee? Go to what is a validator fee?
To proceed, hit Delegate on the left.
3. Choose the amount you wish to delegate¶
Once you've clicked on delegate, you will see this screen:
You will be asked to put in the amount of XPRT you wish to stake before you can continue.
(By clicking the word 'Balance' underneath the entry bar, the maximum available amount will be filled in automatically)
Once you've decided how many tokens you wish to stake, hit the Next button.
You will be asked to choose the transaction fee (low, average or high). The higher the fee you are willing to pay, the faster the transaction will be completed. Why are there transaction fees?
You have now succesfully staked your XPRT tokens!
4. Claim rewards and restake regularly to benefit from compounding effects¶
Make sure to come back to the Persistence dashboard to see the status of your delegations.
You can claim your pending rewards by clicking on the green Claim button on the right side.
These rewards will be added to your total XPRT balance and will be visible as Delegatable or Transferable.
In other words, you will than be able to stake these rewards once more or transfer to another wallet.