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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

  1. Go to settings - unlock wallet

staking

  1. 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.

  2. 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

  3. 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