There are 2 options for staking XAI.
1) ON OUR STAKING DASHBOARD
Step 1
Visit the Staking Dashboard and connect Ethereum Wallet as prompted.
Step 2
Buy SideShift Token (XAI) and send these tokens to your paired Ethereum Wallet address.
Step 3
Return to the Staking Dashboard and click approve which will allow your paired Ethereum Wallet account to interact with the staking contract.
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βPlease note: you will need ETH in your paired Ethereum Wallet address to interact with the staking contract.
Step 4
Once your approve transaction is confirmed, you will be able to stake XAI and receive svXAI, which represents your shares in the SideShift Staking Vault.
Please note: you may need to import svXAI as a custom token in your ETH wallet for the balance to show. More on how to do this here.
After following these steps you have successfully staked and will begin accruing rewards on-chain. Good job! π
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