๐ฐHow to: Stake MGX/KSM LP tokens
This page explains how to stake MGX/KSM LP tokens (Proof-of-Liquidity) from the Mangata X user interface.
Last updated
This page explains how to stake MGX/KSM LP tokens (Proof-of-Liquidity) from the Mangata X user interface.
Last updated
If you are a liquidity provider for MGX/KSM pair, you can stake your LP tokens by delegating one of the Mangata X collators. To start providing liquidity, check out Add & Remove Liquidity guide. You can learn more about Proof-of-Liquidity from our Litepaper.
Step 1:
Go to My Positions
section from the user interface. Switch to Staking
tab and click Start Staking
.
Step 2:
You will see the current list of Collators in Proof-of-Liquidity. Select the collator that you want to stake with from the list and click Start Staking
.
Step 3:
Enter the desired amount of the stake and proceed.
You successfully staked you LP tokens!
To manage your stake, you can go to My Positions
and switch to staking
tab. You can add more LP tokens or remove your stake from this page.
For other ways to delegate LP tokens you can check out our technical guide on Delegator Guide.