Make sure to read the paper in order to fully understand how the pool works before joining, or come and chat with us on Discord!
STAKE Validator Pool
Estimated APY: ~140%
Initiative:Co-own xDai Chain Validator
Node Purpose:Validate transactions and secure the network
Validator Requirement:2,000 STAKE
Minimum Stake:20 STAKE
Pool Rewards:STAKE, xDai, ION
STAKE / xDai Rewards:
STAKE / xDai Rewards:15% APY STAKE rewards | xDai tx fees | Bridge fees
ION Rewards:100%+ APY farming rewards
Pool Reward Share:
Pool Reward Share:90%
Pool Network:xDai Chain
Pool xDai Address:
Pool xDai Address:0xcd8fad1a2fc74bce90e9f5fd87164c68ecca9c12
Welcome to the xDai Validator STAKE pool Staking guide!
To learn how to stake in the pool, simply follow the instructions below.
Step 1: Enter STAKE Pool
Go to https://peerion.io/pools/stake 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‘ in the top left 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 20 STAKE is required to join*
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 Shares
The vote to accept your proposal will last 3 days. Once the vote successfully passes, you will receive your STAKE Pool Shares and officially be a co-owner of an xDai Validator.