Single-Sided Staking
Last updated
Last updated
Prerequisites
Launch the web-app and connect your wallet.
Ensure you have sufficient HBAR for network fees and SAUCE tokens to stake.
Navigate Interface
Head over to the "Stake" page of the interface.
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.
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.
Claimable SAUCE Updates
Your claimable SAUCE will update once a day. The SAUCE amount will go up, although the dollar value may fluctuate.
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.