How to Stake & Unstake ALPHA Token

Step-by-step guide to become the Alpha Stakers πŸΊπŸ’°

Staking for the first time

To start staking ALPHA Token:

  1. Connect your wallet.

  2. Scroll to the bottom left section of the screen.

  3. Input the amount of ALPHA token that you want to stake.

  4. Click Stake.

  5. Press OK and confirm your transaction.

  6. Once the transaction is confirmed, click Stake again

  7. Press OK and confirm your transaction again.

When staking for the first time, you have to click Stake twice because the first time is to 'approve' your wallet to spend ALPHA token. Approving a token is a part of the process on Ethereum blockchain.

Note that sALPHA is not a token. sALPHA represents your share in the staking pool that is growing in size from the fees accrual.

Not staking for the first time

As you have approved the token before, you can start staking ALPHA Token by:

  1. Connect your wallet.

  2. Scroll to the bottom left section of the screen.

  3. Input the amount of ALPHA token that you want to stake.

  4. Click Stake.

  5. Press OK and confirm your transaction.

Note that sALPHA is not a token. sALPHA represents your share in the staking pool that is growing in size from the fees accrual.

To unstake ALPHA tokens

  1. Connect your wallet.

  2. Scroll to the bottom right section of the screen.

  3. UI shown the amount of ALPHA token you've staked (sALPHA).

  4. Click Unstake.

  5. Input the amount of ALPHA token that you want to unstake.

  6. Press OK and confirm your transaction.

  7. Once you've clicked unstake the unstaked amount go through 7-days unstaking period. (which means you can claim these amount 7 days after you click unstake.)

  8. Once 7-days unstaking period has end, you have 24 hours to claim the unstaked amount.

    (If the unstaked amount is not claimed within 24 hours, it will continue to be staked)