Liquid stake to get stEWT
Understanding the terms in the display
Before staking, it is important to get acquainted and be familiar with the terms used in the Stake page.
Liquid Balance - balance in $stEWT which represents the amount that has been liquid staked
Redeemable Balance - balance in $stEWT which can be unstaked
Exchange Rate - the exchange rate between $EWT and $stEWT
Available to Stake - amount in $EWT which can be used to liquid stake
Transaction Cost - network fee required to process the staking transaction
Liquid stake $EWT
Ensure that there is enough EWT in the connected EWX wallet account. For EWX wallet accounts with insufficient EWT, tokens can be bridged from EWC and ETH networks using the official EWX Bridge Web App.
To stake, input an amount to stake and click the "Stake" button.
Staking locks your EWT for an unbonding period (currently 2 eras). Slashing risk applies: if a selected collator malperforms, a portion of your stake may be slashed. Rewards are not guaranteed.
A confirmation screen will be displayed. Review the details as displayed and ensure that the checkbox is ticked. Click the "Confirm" button to initiate the transaction.
Confirm the transaction in your wallet.
After successfully executing the transaction, Liquid Balance and Available to Stake amounts will be updated.
Top-up Stake Amount
To top-up stake amount, simply follow the same steps as described in the Liquid stake $EWT section above.
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