Single-Sided Staking
How to Stake SAUCE: Instructional Video
How to Stake SAUCE: Written Guide
1. Prerequisites
- Launch the web-app and connect your wallet.
HashPack was used in this example.
- Ensure you have sufficient HBAR for network fees and tokens for liquidity provision.
2. Navigate Interface
- Head over to the โStakeโ page of the interface.
3. Understand Metrics
-
Scroll down to the โPhase 1โ section. Here you will find:
-
SAUCE/xSAUCE: The exchange rate between SAUCE in the Infinity Pool and circulating xSAUCE. This rate updates once a day when rewards are sent to the Infinity Pool.
-
Claimable SAUCE: The SAUCE you can claim if you unstake all your xSAUCE. Calculated by multiplying your xSAUCE by the SAUCE/xSAUCE rate.
-
TVL: Total claimable SAUCE in the Infinity Pool, in USD.
-
Approximate APR: A 5-day average APR based on the growing SAUCE/xSAUCE exchange rate.
-
4. Stake SAUCE
- Click the โStakeโ button.
-
Input the number of SAUCE tokens you wish to stake.
-
Click โApprove & Stake.โ
-
If xSAUCE is not associated to your account, you will be prompted to do so. Approve this in your wallet.
-
Complete the staking transaction in your wallet.
5. Claimable SAUCE Updates
- Your claimable SAUCE will update once a day. The SAUCE amount will go up, although the dollar value may fluctuate.
6. Unstake SAUCE
-
Click โUnstakeโ and specify the number of tokens you wish to unstake.
-
Click โApprove & Unstakeโ and complete the transaction in your wallet.
Note: You can stake or unstake at any time in the Infinity Pool; no lockup periods or slashing apply.