WAX Staking

There is no risk to staking WAX, and you retain ownership of your tokens at all times.

To earn WAX Staking Rewards, you’ll need to set up your WAX Account and stake your WAX Tokens (a one-time process), then vote weekly. Here’s how to set up your WAX Account and stake your WAX Tokens:

1. Follow the instructions here to create a WAX Account (note: a WAX Account is a blockchain account and is different from a WAX All Access account).

2. Send WAX Tokens to your WAX Account*. Your WAX Account name is formatted as xxxxx.waa

3. Stake your WAX Tokens using your Scatter wallet:Log into Scatter, then click on the wallet containing your WAX Tokens.

4. Click on “Manage” located beneath the CPU and NET options (it doesn’t matter which one you choose).

5. Slide the blue circle all the way to the right on CPU and/or NET (it doesn’t matter which one(s) you choose).

6. Click “Confirm” and a popup will appear, then click “Allow” Your WAX Tokens are now staked.

The last step towards earning WAX Staking Rewards is voting. Right now, you can vote for WAX Guilds. In the future, you will also be able to vote for standby guilds and blockchain improvement proposals.

To vote for WAX Guilds and earn rewards: Visit account.wax.io and login

Click the “Vote” tab Select at least 16 WAX Guilds and up to 30, then click “Vote” That’s it!

Vote every week to maximize your WAX Staking Rewards.

William Quigley, Co-founder

Jonathan Yantis, Co-founder

Lukas Sliwka, CTO

WAX is the safest and most convenient way to create, buy, sell, and trade virtual items – to anyone, anywhere in the world.

WAX launched in December 2017 as an ERC-20 token.

On June 30, 2019, the WAX Protocol Token launched on the WAX Blockchain mainnet, a DPoS blockchain.