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How to Stake SAUCE: Instructional Video

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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 “Stake” page of the interface.
3. Understand Metrics
  • Scroll down to the “Phase 1” 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 “Stake” button.
  • Input the number of SAUCE tokens you wish to stake.
  • Click “Approve & Stake.”
  • 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 “Unstake” and specify the number of tokens you wish to unstake.
  • Click “Approve & Unstake” 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.