SQD Staking on Subsquid: A Quick and Easy Tutorial
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by Kamil Zawieja
Published on July 2, 2024
TL;DR;
- SQD staking rewards are generated from the rewards pool and the 10% allocation of the total supply. Estimate your rewards using the SQD Staking Calculator, helping you understand the potential staking APY.
- Track your staking portfolio, including reward rates, validator count, and staking ratio, using the Subsquid Asset Page.
- Choose validators wisely using the Staking Rewards Verified Staking Provider (VSP) Program, considering metrics like validator fee, number of delegators, validators' staked balance, and uptime.
- How to stake SQD in a nutshell:
Step 1: Navigate to the Subsquid Network App and connect your wallet.
Step 2: Go to the “Dashboard” tab.
Step 3: Select the worker from the list.
Step 4: Enter the amount of SQD you want to stake.
Step 5: Finalize the staking process by clicking “Delegate” and confirm the transaction in your wallet.
