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!
Project:
Website:
Initiative:
Node Purpose:
Validator Requirement:
Minimum Stake:
Pool Rewards:
STAKE / xDai Rewards:
ION Rewards:
Pool Reward Share:
Pool Network:
Pool xDai Address:
Staking Guide
Welcome to the xDai Validator STAKE pool Staking guide!
To learn how to stake in the pool, simply follow the instructions below.
Step 1: Request Loot or Apply for Membership
There are two options for joining the pool:
- Request Loot – gives proportional reward claim based on the amount you stake (no governance power).
- Apply for Membership* – gives proportional governance power (voting ability) and reward claim based on the amount you stake.
*To apply for membership, you need to verify your humanity (prove you are human). To get started with membership, skip the steps below and instead go here to request verification.
If you do not wish to verify yourself for governance power and just want rewards, please continue with the steps below.
Step 2: Enter STAKE Pool
Click: ENTER POOL
Step 3: Connect Wallet on xDai
You will end up on the Pool Proposals Page. Click the ‘Connect Wallet’ button on the top right of your screen to connect your Metmask wallet. Make sure your wallet is connected to the xDai Network.
Step 4: Create Loot Proposal
1. Click the ‘New Proposal +‘ button
2. Click ‘MEMBERSHIP PROPOSAL‘
3. Complete the form
a. Fill in the title field
b. Put 0 for SHARES REQUESTED
c. Under ‘TRIBUTE OFFERED‘ enter the amount of STAKE you’d like to add to the pool (*A minimum of 20 STAKE is required to join.)
d. Click the ‘More +‘ button
e. Click ‘Loot Requested‘
f. Under ‘LOOT REQUESTED‘ enter the same amount of Loot as your STAKE Tribute (1:1 STAKE/Loot ratio).
g. Proceed to Step 5
Step 5: Unlock Token
Hit the ‘Unlock Token‘ button to approve the token in your wallet.
Step 6: Submit The Proposal
Hit the ‘Submit‘ button and pay the transaction fee to send the proposal to the pool.
Step 7: Getting Sponsored
After you successfully submit the proposal, an existing member must sponsor it in order to be approved by the pool.
Step 8: Receiving Your Loot
The vote to accept your proposal will last 3 days, plus 1 day for processing. Once the vote successfully passes, you will receive your STAKE Pool Loot and officially be a co-owner of an xDai Validator.