Staking requires participants to lock their HXRO tokens in the Hxro Network staking contract. A full audit of the Hxro Network Staking contract was completed by MadShield on as of 15/9/2022. Read here for a full overview of the Hxro Network staking program.
Hxro Network staking can be done at app.hxro.finance, the community-owned staking, governance, and rewards portal for the Hxro ecosystem.
Once on app.hxro.finance, click the “Connect Wallet” button in the page's upper right-hand corner, and connect the wallet containing your unstaked HXRO tokens.
After successfully connecting your wallet, select “esHXRO” from the menu on the left-hand side of the page.
On the esHXRO page, select “Begin Vesting” and confirm the associated transaction. If you have already begun Vesting, skip to step 4.
After the transaction is confirmed, navigate to the “Stake” page.
Once on the Stake page, choose whether you want to stake HXRO or esHXRO tokens.
Reminder: When staked, esHXRO receives all of the same stake weight/governance weight and multiplier benefits for the duration of locking as standard HXRO.
Next, enter the desired locking duration [include weight bonus with durations]. Tokens can be locked for a minimum of 7 days and a maximum of 3 years.
Reminder:While all staked tokens receive network rewards, greater stake weight (via a stake weight multiplier) is given to wallets that lock tokens in the network for a longer term. This is done to reward wallets that are willing to align with and participate in the long-term objectives of Hxro Network.