HOW TO: Stake with SLX
Slate Support edited this page Aug 29, 2018
·
1 revision
To unlock your wallet for staking follow these simple steps after ensuring your wallet is sync'd
- Go to settings - unlock wallet
-
Unlock your wallet by typing in the the password you encrypted your wallet with and ensure the check box is ticket. This allows your wallet to stake but still requires a password to send coins.
-
Your wallet will being to stake. You can ensure it is staking by looking for the green icon in the lower right corner next to Zs icon
-
Sit back and wait! The more SLX you have the more likely you are to win a block reward. Blocks happen approximately every 60 seconds.
You can find more info about PoS vs PoW and staking at Mycryptopedia