How to Stake XPRT
1. Navigate to https://wallet.keplr.app/
2. Click the Search Chains field and type Persistence
3. Click Persistence
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, enter the number of XPRT tokens you want to stake
9. Click Stake
10. Approve the Keplr wallet transaction pop-up
11. Congratulations! Your XPRT tokens have been staked
Persistence (XPRT) Staking FAQ
How much can I make staking XPRT?
The return from staking XPRT varies based on the network's overall staking participation and specific validator commission and protocol revenue share.
How do I receive my XPRT rewards?
XPRT rewards need to be claimed. Visit the Keplr dashboard to claim your staking rewards
When can I start earning rewards with XPRT?
You can start earning staking rewards once your tokens are successfully delegated to a validator
Can I sell XPRT while it is locked up?
Staked XPRT tokens cannot be sold, they need to be unstaked first. The unstaking period for XPRT is 21 days
What are the risks around staking XPRT?
Staking XPRT 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 Persistence use?
Delegated proof of stake
What are the tokenomics of XPRT?
Read all about XPRT 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.
