How TO Guide : psdnOCEAN Staking
Last updated
Last updated
Choose the desired options regarding 'Lock tokens' and 'automatic staking'.
Lock tokens โ leaving 'lock tokens' unchecked, means you are delegating the responsibility of locking your tokens into veOCEAN, resulting in a small fee.
Automatic staking โ 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!
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.
Once you have your psdnOCEAN/OCEAN LP tokens, head back to the , choose the amount of LP tokens you wish to stake and press "Stake". Your balance will be updated after the transaction is confirmed.