✨Staking LIGMA
Season I
How to Stake $LIGMA
This guide will walk you through the process of staking $LIGMA tokens. By staking your $LIGMA, you not only contribute to the decentralization of our ecosystem but also earn rewards in return.
Earning Rewards
Staking $LIGMA allows you to earn rewards in the form of Ligma Points. These points are distributed based on your staked amount and participation in the ecosystem. Points earned through staking can be exchanged for SOL from our vault, which consists of revenue from node plans, validator fees, and other avenues.
Rewards from staking $LIGMA tokens.
The staking dashboard will be used to manage and view staked $LIGMA.
As you grow your staked $LIGMA, you'll begin to earn more reward points.
Simply stake through the dashboard, collect revenue share, and withdraw with no lock.
Bronze | Silver | Gold | Platinum | Diamond |
---|---|---|---|---|
100,000+ | 500,000+ | 1,000,000+ | 2,500,000+ | 5,000,000+ |
10% Discount | 20% Discount | 30% Discount | 40% Discount | 50% Discount |
Revenue Share | Revenue Share | Revenue Share | Revenue Share | Revenue Share |
Step-by-Step Guide
1. Acquire $LIGMA Tokens
Before you can stake $LIGMA, you'll need to acquire tokens from a supported DEX.
2. Connect to the Staking Platform
Access the Ligma staking platform and connect your wallet to sign-in.
3. Stake Your Tokens
Within the staking platform, navigate to My Staked Balance and click the Stake button. Enter your desired amount of $LIGMA in the pop up and continue. Confirm the transaction and receive xLigma.
4. Secure Your xLIGMA
Upon staking, you'll be issued xLIGMA tokens. Safeguard these tokens diligently, as they serve as the gateway to your staked $LIGMA balance. Losing your xLIGMA means losing access to your staked funds, as no one else can retrieve them for you.
5. Monitor Your Rewards
Keep an eye on your staking rewards within the dashboard. Rewards are typically updated live, but during the first week of staking, points will be distributed every 24 hours.
6. Withdraw Your Rewards
When you're ready to cash in your staking reward points, simply visit the Reward Exchange and swap your points to SOL from our Rewards Vault. Your rewards will be transferred to your staking wallet.
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