DeFi Staking: Guide for WorkQuest (WQT) staking pools
Earn Network proudly announces the integration of the WorkQuest project, an online marketplace and decentralized payment provider. We're excited to launch six unique $WQT staking pools available on the Ethereum and BNB Chain network. Learn how to stake in a few simple steps.
Thanks to the recent collaboration between Earn Network and WorkQuest, we're pleased to announce the launch of staking pools available to interact on the BNB Chain and Ethereum.
How to start staking $WQT?
In this guide, we will walk you through the process of staking in a 30-day locked pool on Ethereum. It's important to note that the staking process remains the same for other pools available on both BNB Chain and Ethereum.
1. Go to the one of WQT offers pages - Ethereum / BNB Chain.
2. Click “Connect Wallet” - the MetaMask modal will appear. Right after connecting, you’ll be able to check your account balance together with funds that interact with our staking pool.
NOTE: The first wallet supported by our platform DeFi Staking product is MetaMask. Make sure you have your funds there (WQT and ETH/BNB for fees) on the appropriate network supported by our pools.
3. Select the offer of your interest and click the “Stake” button next to it.
4. After clicking “Stake” a window will pop up. The next step is to input the number of tokens you wish to stake. Now you need to click “Approve WQT” as a first transaction, set the spending amount and then confirm it with your MetaMask wallet.
5. After the approval transaction is completed, click on the “Stake” button and confirm it again with your MetaMask wallet.
6. Congratulations! You have successfully staked your WQT tokens.
NOTE: You can always check the summary of your staked funds together with pending and available to claim rewards at the Wallet component.
