What does staking $SQR involve?
Staking $SQR means locking up your tokens in a staking pool to support the network. In return, you earn rewards, usually more $SQR tokens or SQRp points.
How do I earn rewards through staking $SQR?
By staking your $SQR tokens for a set period in a pool. Rewards, in the form of $SQR tokens or SQRp points, depend on your staked amount and duration.
Can I withdraw my staked $SQR early?
No, you must wait until the lock period ends to withdraw your staked $SQR, ensuring the pool’s stability.
What are SQRp points, and how do they help?
SQRp points represent your share in launchpad projects. More staked $SQR and longer duration yield more SQRp points, granting larger allocations in these projects.
How and when can I claim my staking rewards?
You can claim rewards after the staking period ends or at specific intervals according to the pool’s rules. $SQR rewards go to your wallet, while SQRp points can be used for launchpad allocations.
Guide:
1. Click on the link — https://staking.magic.store/
2. Connecting the wallet
3. Authorize (personally I do it through metamask)
4. Choose the number of $SQRs and how many days we want to stake them for. This determinesthe amount of $SQR we will get.
5. Signing the transaction
6. Congratulations, you can now get a little more $SQR in 10 days by clicking the “claim” button
I hope I helped you, have a good day ❤
