Staking tokens

Under development

Mirage Staking Delegation

  1. Earn staking rewards by delegating your staking token to validators. To commence earning rewards, visit the Staking screen to review and manage your staking position. Please note, staking your tokens involves an unbonding period of 14-28 days, depending on the network, during which selling or transferring your tokens is restricted. Learn more about staking.

  2. Click on "Delegate" to initiate the delegation of your tokens. Specify the amount of token you wish to delegate. By default, the Mirage validator will be preselected. Should you desire, you can switch to another validator by selecting the validator button.

Enable Auto Restake by toggling the option. Your rewards will automatically be claimed and delegated to the same validator, maximizing your staking rewards.

  1. Confirm your transaction similar to token transfers.

Claiming Rewards

To claim your staking rewards, simply click the "Claim" button on the Staking page to claim rewards from all validators. Alternatively, select the desired validator under "Delegated" and choose "Claim Rewards" from the dropdown menu to claim rewards from a specific validator.

Undelegation

To retrieve your staked tokens, opt to "Undelegate" from the validator. A 14-28 day unbonding period follows after undelegation.

Re-delegation

Should you wish to change validators, there's no need to undelegate your tokens. Instead, opt to "Redelegate" them to another validator.

Enabling/Disabling Auto Restaking

To optimize your investment returns, enable auto restaking. Your staking rewards will be reinvested and staked with the same validator, allowing for compound interest that exceeds the standard staking APR.

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