How do I stake $PAW

How do I stake $PAW

By KayDee | $PAW FAQ | 8 May 2022


Get a Wallet/Account

First thing is of course to get you a wallet and an account and some $PAW. You can join the discord/twitter servers in order to proceed with those

Get to your staking account or login to existing account

With your account created and some $PAW on it, it is time to reach the Staking Server by heading to https://paw.digital/staking

First, if you scroll down (or click on "Stake Now"), you'll get the calculator. It will allow you to know how much $PAW you'll earn based on your staked amount. That's a great way to know/choose your stake

5ee637d30ec3fbb56d68850ecad265d9fea5aa13311248503f5bc5efacf7bd6a.png OR Staking Home on Mobile Chrome

Now that you have checked the reward capabilities based on your $PAW amount, you can proceed with staking itself : Read the Terms (I mean it, read them, It's important) and check the box meaning you accept them. You'll get a LOGIN prompt. You can choose to login with a reward key (if you have any) or by sending a small $PAW amount to a specific address (you'll get it back). We'll use the second method (most recent)

If you want to update your stake, you can just re-login using the same mechanisms, with the same account (reward key or by sending 1 PAW to a specific address)

b2cd6f3939101e4715927f46c8f5f84af52283de4b6cd9858bba9c0d2d2951e8.png  OR      Login on mobile Chrome

Shortly after send 1 $PAW to that address, the page refresh and I now have the Stake PAW button (or scroll down if you prefer).

Initial Stake

You have 2 staking options (180 and 90 days unstake periods), each presented with their current staking value and at the bottom you have the calculator again, if you want to re-verify the values

cdbc28dd8b20c630eec71f9462dbe61df4cf16c733199d4a5155c480e9dfb020.png   OR      Post Login on Chrme Mobile

You can see :

- Stake Balance : still 0 because nothing has been staked yet

- Share of Distribution : your percentage in the total staking

- Available to withdraw : amount of $PAW you can immediately claim back

- Estimated Reward : number of $PAW you'll get as a reward for your Stake

- Reward address : it is the address you used to login (either the address you send the 1 $PAW from in order to login at previous step, or the address linked to your reward key (if using older method)

- Auto Stake Rewards : if you click on it, the rewards will not be sent to your account, but will be added to your staking account (increasing the stake)

- QR code / PAW Address : this is your staking account for that particular pool (see how the address is different for 180 and 90 days)

To stake, you can now simply send some $PAW from your BIOME/BIOTA to that address. Note that a nimum of 50K $PAW is requested in order to get reward

Updating/increasing staked amount

You can always increase your stake by sending more $PAW to the staking address

If you want to review your rewards, or perform some unstaking, you can go back at any time to https://paw.digital/staking and re-login like above

 

 

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