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 eGLD on Elrond¶
Before continuing with this guide please be sure that:
- You have an Elrond wallet
- You have at least one eGLD token in your Elrond wallet
- You know what staking is.
- You understand the risks involved with staking
Staking eGLD requires a minumum delegation of 1 eGLD.
If you don't have this amount in your wallet, you will not be able to stake.
1. Go to the Elrond staking dashboard¶
Which you can easily access by clicking this link: Stake eGLD
On the dashboard, you will see an overview of your delegations. Hit one of the two Stake Now buttons on the right to get started.
2. Choose AUDIT.one as your validator and fill in the amount you wish to stake¶
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, select AUDIT.one and hit Continue:
Here you will be asked how many eGLD tokens you would like to stake.
As mentioned before, this method requires a minimum stake of 1 eGLD
You can either fill in the amount manualy or use the slide bar underneath the entry bar to select your amount.
(If you want to stake all available tokens on your account, just hit the 'MAX' button on the right of the entry bar and it will fill in automatically.)
Once you've decided how many tokens you wish to stake, hit the Continue button and confirm your request in the next screen.
Wait for the transaction to be processed, and you're all done!
You have now succesfully staked your eGLD tokens!
3. Claim rewards and restake regularly to benefit from compounding effects¶
Make sure to come back to the Elrond staking dashboard to see the status of your delegations.
Scroll down to see the status of your delegations.
You can claim your pending rewards by clicking on the blue Claim rewards button on the right side.
Finally, you will be giving the option to just claim the rewards so they will be added to your available balance, or you can choose to directly stake you gained rewards.