❓How to Stake? Step-by-Step

Staking $SQR: A Step-by-Step Guide

Step 1: Visit the Staking Page

Start by going to the Magic Square staking page.

Step 2: Connect Your Wallet

Securely connect your digital wallet by following the on-screen prompts.

Step 3: Choose Your Stake

Decide the amount of $SQR you wish to stake. Select from various staking pools, considering the lock-in period, potential APR returns, and the SQRp Points you aim to accumulate.

Step 4: Approve the Transaction

Finalize your decision by reviewing the staking details and approving the transaction in your wallet.

Staking History

At the bottom of the page, you can view your staking history. The only actions available here are "Claim Reward" and "Unstake." You can claim your staked tokens once the lockup period ends, but your yield can be claimed block-by-block.

How much Karma Points do You Earn for Staking?

Free Membership: USD value of SQR deposited × 0.25 × 1 x Staking Period Multiplier (in days)

Plus Membership: USD value of SQR deposited × 0.25 × 1.1 × Staking Period Multiplier (in days)

Premium Membership: USD value of SQR deposited × 0.25 × 1.25 × Staking Period Multiplier (in days)

Premium Plus Membership: USD value of SQR deposited × 0.25 × 1.5 × Staking Period Multiplier (in days)

How to Stake Your $SQR tokens? (Video Tutorial)

Last updated

Was this helpful?