diff --git a/docs/howto_stake.md b/docs/howto_stake.md new file mode 100644 index 00000000..7ef37018 --- /dev/null +++ b/docs/howto_stake.md @@ -0,0 +1,52 @@ +--- +id: howto_stake +title: Stake HDX +--- + +import useBaseUrl from '@docusaurus/useBaseUrl'; + +Staking allows users to stake their HDX tokens and earn rewards which vest over time. This page contains a step-by-step guide on how to stake your HDX. Before proceeding, we urge you to get familiar with [the basics of HDX staking](/staking). + +If you don't have any HDX, you can obtain some on our [trade page](https://app.hydradx.io/#/trade) by swapping against a range of assets supported by the Omnipool. + +
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+ +### Step 0: Navigate to HydraDX Staking Page + +https://app.hydradx.io/staking. + +Connect your wallet to HydraDX by clicking **`Connect Account` (1 in image above).** + +### Step 1: Stake Your HDX + +- Select the amount of HDX tokens you would like stake **(3)**. +- Click on **`Stake`** **(4)** to confirm and sign the transaction using your wallet app. + +
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+ +### Step 2: Keep Your HDX Staked + +- The amount of rewards you receive is determined by the size of your staked HDX relative to the whole stake pool. +- As time passes, you unlock a greater portion of your allocated rewards. The rate of unlocking is determined by a rewards bonding curve. +- Learn more in the Staking product docs. + +### Step 3: Boost Your Rewards + +- Collect Action Points to boost your rewards and increase the pace at which you unlock rewards. +- You can collect Action Points by voting on referenda. The more staked HDX you use for the vote and the higher the Conviction Multitplier - the more Action Points you receive. +- Learn more in the Staking product docs. + +### Step 4: Claim Your Rewards + +- Review your Staking statistics to observe and plan your own staking strategy **(5)**. +- Once you are done staking, `Claim` your unlocked rewards **(8)**. + +:::caution +Each time you claim your unlocked staking rewards, you forfeit any locked rewards which are redistributed to all other stakers. Furthermore, your past Action Points will be reset. + +For instance, if a staker claims rewards when 75% of the rewards are available, the remaining 25% is forfeited. The staker must then wait for the same duration to claim 75% of the subsequent batch of rewards. +::: diff --git a/sidebars.js b/sidebars.js index 5c7ee62d..d9ce983b 100644 --- a/sidebars.js +++ b/sidebars.js @@ -14,12 +14,13 @@ module.exports = { "spending_fw", ], "How-to": [ + "howto_xcm", + "howto_bridge", "howto_trade", "howto_dca", "howto_lp", "howto_hydrated_farms", - "howto_xcm", - "howto_bridge", + "howto_stake", { type: "category", label: "Wallets", diff --git a/static/howto_stake/staking_1.jpg b/static/howto_stake/staking_1.jpg new file mode 100644 index 00000000..903f4bcc Binary files /dev/null and b/static/howto_stake/staking_1.jpg differ diff --git a/static/howto_stake/staking_2.jpg b/static/howto_stake/staking_2.jpg new file mode 100644 index 00000000..29ce361c Binary files /dev/null and b/static/howto_stake/staking_2.jpg differ