How To Stake $TGT

You can stake our multi-utility token, $TGT, to earn 16.44% APR either through our WebApp or directly in the mobile app. Staking not only earns you rewards but also unlocks community tiers with benefits such as reduced swapping and liquidity providing fees. Follow the steps below for a complete guide on staking $TGT.

Staking with the WebApp

1. Access the WebApp:

   • Open your browser and go to https://app.thorwallet.org.

2. Navigate to Staking:

   • In the left-hand menu, click on "Staking".

3. Connect Your Wallet:

   • Make sure you are connected to the wallet that holds your $TGT. Follow any prompts to connect your wallet if you haven’t already.

Staking in the menu

Stake Your Tokens:

• Click on "Stake".

• Enter the amount of $TGT you wish to stake. You can also use the percentage buttons to quickly select a portion of your balance.

• Click "Preview" to review the estimated fees. You can customize these fees if needed.

• Once you’re satisfied with the details, click "Stake xxx TGT" to initiate the staking process.

Note: if you are staking for the first time, you will also have to approve the staking contract.

Stake widget

1. Confirm the Staking:

• On the $TGT asset page, after selecting "Stake TGT", enter the amount you want to stake and click "Continue".

• Review the transaction details, including the fees, and then confirm by clicking "Confirm" or "Stake Now".

1. Transaction Complete:

• Once the transaction is confirmed on the network, you will see a confirmation message. Your $TGT tokens are now staked.

Staking with the Mobile App

1. Open the Mobile App:

• Launch the app on your mobile device.

1. Navigate to the $TGT Asset Page:

• Find and select the $TGT token from your assets list.

Stake TGT button

1. Initiate Staking:

• Tap "Stake" on the $TGT asset page.

1. Approve Network Fees:

• Approve the network fees required for staking. This may include two transactions: one to approve the staking contract and another to transfer the funds to the staking vault.

1. Enter the Staking Amount:

• Specify the amount of $TGT you wish to stake and confirm the details.

Staking summary

1. Complete the Staking:

• After reviewing the transaction details, tap "Confirm" or "Stake" to finalize the staking process.

1. Staking Successful:

• Your $TGT tokens are now staked. You can check your staking status on the "Staking" page of the app.