How To Stake $STC
Last updated
Last updated
The Social Tech Cat platform is proud to introduce a new staking program designed to enhance user engagement and reward participation. This program allows $STC token holders to stake their tokens in exchange for rewards, contributing to the platform’s security and governance while earning passive income. The following sections detail each step involved in the staking process.
To participate in staking, users must first log into the Social Tech Cat platform. Access is secured through standard authentication measures to ensure account safety. Once logged in, users can navigate to the staking section via the taskbar. This area provides a user-friendly interface to manage all staking-related activities.
Within the staking section, users will find the option to “Stake STC.” Clicking this button activates the staking interface, where users can begin the process of locking in their tokens. This step is crucial as it prepares the user’s account to engage with the staking mechanism effectively.
To enhance the reach and impact of our staking program, a referral system is incorporated. Users can enter their referral Telegram username during the initial stages of the staking process to activate this feature. This system incentivizes users to invite others to stake within the platform, promoting community growth and increased staking participation.
Users are presented with various staking packages, each offering different terms and benefits. Selection involves choosing the type of package and the duration of the stake. Longer staking periods typically offer higher returns, aligning with our goal to encourage long-term participation and investment in the platform.
After selecting a package, users must stake the required amount of $STC tokens by sending them to the designated staking pool address displayed on the screen. It is imperative that users transfer the exact amount from the wallet connected to their TechCat Launchpad account to ensure the transaction is recognized and properly recorded.
Following the token transfer, users must copy the transaction hash from their wallet and paste it into the designated field on the platform for verification. This step is vital for confirming that the staking transaction has been executed correctly and secures the user’s participation in the selected staking package.
Finally, users can monitor and claim their staking rewards through the “Claim” section of the platform. This interface provides details on accrued rewards and the functionality to claim these rewards according to the fixed payout schedule associated with each staking package.