Staking with MetaMask
Please note that CrowdSwap is a third-party provider and we have no access to the systems or can provide support.
Last updated
Please note that CrowdSwap is a third-party provider and we have no access to the systems or can provide support.
Last updated
CrowdSwap offers various functions, including so-called staking options. In our case, we provide Locked Staking. TMNG tokens are locked at different times using the CrowdSwap app, and the user receives TMNG in return over the duration.
We have three different locking periods: 3 months, 6 months, or 1 year. There are various interest rates: 15%, 18%, and 22% per annum.
Once we have connected the wallet with CrowdSwap and selected the correct network, we find the staking opportunities under Opportunity.
Using the search function and entering "TMNG" directly brings up the different staking options.
We find two staking options. The right staking option is on the ETH network and will be discontinued in the near future. We go to the left side and find various time periods in the middle to stake our TMNG. We choose 360 days and proceed with "Funding".
The next screen shows the staking tool. We first need to approve an amount of TMNG for the CrowdSwap App. In the CS APP, this is called "Allow to use your TMNG".
After pressing the button, our MetaMask opens with this window. Here, we enter the desired amount of TMNG. In the example below, we have entered 1 TMNG and proceed by clicking "Next".
In this window, we approve the 1 TMNG with one click.
Now we wait for the confirmation in the network for the approval. In the meantime, we have the following views on CrowdSwap and MetaMask.
After approval confirmation, we can now stake our TMNG with the Stake Button.
When we enter the amount "1 TMNG", the "Allow to use TMNG" button disappears. If you want to stake more, you have to approve TMNG again. Continue by clicking the "Stake" button.
CrowdSwap opens a small popup window where you confirm staking again. Then we are directed to MetaMask.
We confirm the staking in our MetaMask.
Now we have completed the staking process, and in a few minutes, it will be shown as "Confirmed" in our MetaMask. Alternatively, you can check the staking status by entering your address on Polygonscan.io.
