Post

Feb 23, 2024

How to Stake Skale (SKL)

Guides · 4 Minute Read · Written by Kilian Boshoff


skale

TL;DR:

  • View the current SKALE staking APR here
  • Use the SKALE Staking Calculator to estimate your rewards
  • Lockup: Until end of month
  • Average commission: X%
  • Minimum stake: 20 million SKL
  • Recommended SKALE staking wallets: LedgerMyEtherWallet 
  • Steps to stake:
    • Step 1: Open your MyEtherWallet and click on “Earn” at the bottom of your screen, then click on “SKALE Network staking”
    • Step 2: Click on “Start Staking” and enter the amount of SKL you would like to start staking. 
    • Step 3: Confirm each detail of the transaction and click “Confirm” and sign the transaction.
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