How TO Guide : psdnOCEAN Staking
Choose the desired options regarding 'Lock tokens' and 'automatic staking'.
- Lock tokens – leaving 'lock tokens' unchecked, means you are delegating the responsibility of locking your tokens into veOCEAN, resulting in a small fee.
- Automatic staking – will automatically stake psdnOCEAN in the psdnOCEAN single-side staking pool.
PSDN and psdnOCEAN (single-sided) can be staked by pressing the "Stake" button and approving the transaction in Metamask.
Note that the pool is 80% psdnOCEAN and 20% OCEAN.
Approve the required transactions in Metamask and get ready to stake!
Once you have your psdnOCEAN/OCEAN LP tokens, head back to the staking dashboard, choose the amount of LP tokens you wish to stake and press "Stake". Your balance will be updated after the transaction is confirmed.
All rewards are displayed in $OCEAN and $PSDN. These rewards are distributed on a weekly basis and can simply be claimed by pressing the "Claim" button on the screen below.