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Learn how to stake your SXP to bond and collateralize it with the Swipe Network with your Trust Wallet non-custodial mobile application.
Once you have successfully connected your Trust Wallet mobile application to the Swipe DeFi Application you will now see the main staking page as shown below where you can
SXPto the protocol.
For first time users will first be required to enabling the staking protocol by pressing
Enable Stakewhich will allow your Ethereum account in the Trust Wallet application to interact with the Swipe Staking Smart Contract. Once
Enable Stakeis pressed it will prompt a pop-up displaying your available balance and asking to authorize the smart contract with your account. You will start the process by pressing the
Approvebutton as shown below:
This will now prompt a pop-up from your Trust Wallet to approve the use of this contract as shown below:
Please Note: You must have ETH in your wallet in order to continue for on-chain Ethereum gas fees. If you do not have/have sufficient ETH the "Send" button will be grayed out.
Once this transaction confirms on-chain, you are now able to proceed with staking by pressing the
Supplybutton one more time. This will prompt a pop-up for you to input the amount you want to stake on chain.
Once you have entered the amount the
Supplybutton will now turn orange and will enable you to press it to continue. This will prompt a pop-up on your Trust Wallet to confirm(sign) this transaction and broadcast it to the network as shown below:
Once this transaction confirms on-chain, your
SXPbalance on the staking side will be updated and you will begin earning your portion of the staking rewards.