Make sure to read the docs in order to fully understand how the pool works before joining, or come and chat with us on Discord!
PNT Node Pool
Estimated APY: 155%
Initiative:Co-own pNetwork Node
Node Purpose:Facilitate token wrapping (Pegging)
Pool Limit:200,000 PNT
Minimum Stake:100 PNT
Pool Rewards:PNT, ION
PNT Rewards:42% APY staking rewards | 0.25% peg-out fees | 0.05% cross-chain NFT fees
ION Rewards:Dynamic farming rewards
Pool Reward Share:
Pool Reward Share:90%
Pool Network:xDai Chain
Pool xDai Address:
Pool xDai Address:0xb84e9587b48faa76476d4c94b8f07c789af0c330
Welcome to the PNT Node pool Staking guide!
To learn how to stake in the pool, simply follow the instructions below.
Do these 3 things before getting started:
1. Peg your PNT onto the xDai Chain (do not use Omnibridge)
2. Move some DAI to xDAI OR Use a FREE faucet (for gas fees)
3. Change Metamask to the xDai Network
If you don’t see your PNT in your Metamask wallet add a custom token using the following contract address for each network:
ETH Mainnet: 0x89Ab32156e46F46D02ade3FEcbe5Fc4243B9AAeD
xDai Chain: 0x0259461eeD4D76D4F0f900f9035f6c4dfB39159A
Step 1: Enter PNT Node Pool
Go to https://peerion.io/pools/pnt and hit ‘Enter Pool’.
Step 2: Connect Wallet on xDai
You will end up on the Pool Membership Page. Click the ‘Connect Wallet’ button on the top right of your screen to connect your Metmask wallet. Make sure you are on the xDai Network.
Step 3: Apply for Membership
Hit ‘Apply‘ to create a new membership proposal to join the pool.
Step 4: Complete The Proposal
This step is important. Make sure when you create a new membership proposal to enter a 1 to 1 token/share ratio, otherwise your request will be denied and you will waste gas fees.
A minimum of 100 PNT stake is required to join*
Step 5: Submit The Proposal
Hit the submit button and pay the transaction fee to send the proposal to the pool.
Step 6: Getting Sponsored
After you successfully submit the proposal, an existing member must sponsor it in order to be approved by the pool.
Step 7: Receiving Your Shares
The vote to accept your proposal will last 3 days. Once the vote successfully passes, you will receive your PNT Node Shares and officially be a co-owner of a pNetwork Node.