This tutorial will guide you through the process of staking tokens (CRAB & CKTON & Deposit) on the Crab using the staking Dapp built by the Darwinia Dev Team.
To get started with the dashboard, navigate to staking.darwinia.network. You’ll be prompted to connect to MetaMask.
MetaMask will pop up and ask you to sign in. Once signed in, you will be prompted to select the account to connect to the Dapp and accept permissions.
Upon accepting permissions and changing the network to Crab, you will be redirected to the main dashboard where you’ll find details about the staking data.
Token holders can delegate a collator candidate by staking tokens and adding to the collator's stake. In return, the collator will share the rewards received from producing blocks amongst all of their delegators. For more information on reward distribution, check out our documentation on staking reward distribution.
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💡 Please Note: You will be able to stake CRAB, CKTON, and Deposit on Crab.
CRAB18Crab): n/aCKTONERC2018Crab): 0x0000000000000000000000000000000000000402
</aside>To obtain the Deposit, you need to lock your CRAB for a certain period of time.
Staking involves two steps: delegating a candidate and staking your own tokens to them. Once these steps are completed, the stake operation will take effect.
For the purpose of staking operations, we will use the following account as an example:
0x755d783fd1Cb2133A1ae25c2c1D73947Cb5DEb79
If you click on the Select a collator button, the collator menu will open up and you will be able to see data for each of the collators in the active and waiting pools.
You can toggle between the Active Pool tab, which contains collators who are producing blocks and earning rewards, and the Waiting tab, which contains collators who are not yet producing blocks or earning rewards.
To initiate a stake, simply click on the collator you would like to delegate. Next, you’ll need to: