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How to Stake QSR

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How to Stake QSR

1. Navigate to https://wallet.keplr.app/

2. Click the Search Chains field and type Quasar

3. Click Quasar

4. Click Stake

5. Click the Search for validator field and type Coinage x DAIC

6. Click Coinage x DAIC

7. Click Stake

8. Click the Amount field and enter the number of QSR tokens you want to stake

9. Click Stake

10. Approve the Keplr wallet transaction pop-up

11. Congratulations! Your QSR tokens have been staked

Quasar (QSR) Staking FAQ

How much can I make staking QSR?

The return from staking QSR varies based on the network's overall staking participation and specific validator commission

How do I receive my QSR rewards?

QSR rewards need to be claimed. Visit the Keplr dashboard to claim your staking rewards

When can I start earning rewards with QSR?

You can start earning staking rewards once your QSR tokens are successfully delegated to a validator

Can I sell QSR while it is locked up?

Staked QSR tokens cannot be sold, they need to be unstaked first. The unstaking period for QSR is 21 days

What are the risks around staking QSR?

Staking QSR comes with risks like slashing (penalty for the validator), price volatility, and liquidity risk (inability to sell during the lock-up period).

What consensus algorithm does QSR use?

Decentralized proof of stake

What are the tokenomics of QSR?

Read all about QSR tokenomics here

The information provided by DAIC, including but not limited to research, analysis, data, or other content, is offered solely for informational purposes and does not constitute investment advice, financial advice, trading advice, or any other type of advice. DAIC does not recommend the purchase, sale, or holding of any cryptocurrency or other investment.