We know you’re as excited as us on the upcoming launch of Switcheo TradeHub. We can’t wait to stake our Switcheo tokens (SWTH) as well!
We’re elated to announce that we now have a go-live date for phase 0 of Switcheo TradeHub! Barring unexpected delays, Switcheo TradeHub will mint its genesis block on 12 August 2020.
If you’ve been living under a rock or need a quick refresher, check out The Switcheo Token blog series to understand the incentives and benefits of delegating your SWTH tokens to validators!
In the meantime, here’s a guide for how to stake SWTH should you wish to take part in this initial phase of Switcheo TradeHub.Staking SWTH
Here’s a step-by-step demonstration of staking SWTH starting from the “Staking Homepage”.
Step 1: Click on “Start Staking” at the top left section of the staking homepage.
Once you click on “Start Staking”, the page will move down to the “Validator Pools” section. Here, you will see a list of validator pools you can choose from to delegate your Switcheo tokens.
Step 2: Click on the “Stake” button on the right for the validator of your choosing. We use Everstake as an example in our preview below.
*Do note that the list of validators below are definitely only examples.
Now, you will see a pop-up on your screen which says “Stake with (validator of your choice)”. Here you will need to input the amount of SWTH you wish to stake.
Besides that, you will also see the estimated return % on your stake and the validator’s fees.
Step 3: Input the number of SWTH you wish to stake and click “Confirm”. You have now staked SWTH on our platform!
Step 4: The details of your confirmed stake will be displayed on the “My Staked SWTH” page for reference.Check Your Rewards
Step 5: To check your total rewards, you simply need to click on the “My Rewards” tab on the mid-right section of the “My Staked SWTH” page.