How to staking?
Last updated
Last updated
Staking your Palm tokens on the Palm Wallet is a simple process. Here's how you can do it:
Step 1: Navigate to the Staking Page
Log in to your Palm Wallet and go to the "Staking" section. This is where you can view the available staking plans.
Step 2: Choose a Staking Plan
Review the three staking plans available, each with different time durations and APYs (Annual Percentage Yields).
Select the plan that best suits your needs based on the duration and potential rewards.
Step 3: Enter the Amount to Stake
Once you've chosen a plan, enter the amount of Palm tokens you want to stake.
Confirm the details, including the staking duration and expected rewards.
Step 4: Confirm and Start Staking
After entering the amount, click the "Stake" button to confirm your staking.
Your Palm tokens will be locked in the staking plan, and you will start earning rewards according to the plan's terms.
By following these steps, you can easily stake your Palm tokens and start earning rewards based on the staking plan you choose.