Staking
Staking Your Powerhouse AI ($pHouse) Tokens
To stake your Powerhouse AI ($pHouse) tokens and start earning rewards, follow these step-by-step instructions:
Access the Staking Interface: Visit the designated staking interface by navigating to https://powerhouseai.app/staking in your web browser. Ensure that you are using a reliable and secure internet connection before proceeding.
Connect Your Wallet: To interact with the staking platform, you need to connect your cryptocurrency wallet. Ensure that you are using a compatible wallet that supports $pHouse tokens. Click on the "Connect Wallet" button provided on the staking interface, and follow the prompts to connect your wallet securely.
Choose Your Staking Option: Once your wallet is successfully connected, you will see available staking options. Select the amount of $pHouse tokens you wish to stake. Be sure to consider factors such as the duration of staking and potential rewards when making your selection.
Confirm Staking Transaction: After selecting your staking option, review the details of your staking transaction carefully. Confirm the transaction through your connected wallet interface. Ensure that you have sufficient gas fees to complete the transaction successfully.
Monitor Your Staked Tokens: Once the transaction is confirmed, your $pHouse tokens will be staked, and you will begin earning rewards. You can monitor the status of your staked tokens and track your rewards through the staking interface.
Claim Your Rewards: As the duration of your staked tokens progresses, you will notice an increase in rewards. Make sure to periodically check the staking interface to claim your earned rewards. Rewards are distributed from a pool consisting of 10% of the total supply allocated specifically for staking, and they will continue to increase over time.
Withdraw Your Staked Tokens: When you decide to withdraw your staked tokens, navigate to the staking interface and locate the withdrawal option. Follow the prompts to initiate the withdrawal process. Keep in mind that there may be a cooldown period or other conditions associated with withdrawing your staked tokens.
Stay Informed: Stay updated on any announcements or changes related to the staking mechanism of Powerhouse AI ($pHouse) tokens. Join the official community channels and forums to engage with other users and stay informed about the latest developments.
By following these steps, you can effectively stake your Powerhouse AI ($pHouse) tokens and participate in earning rewards from the staking pool. Remember to exercise caution and diligence throughout the staking process to ensure the security of your tokens and rewards.
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