how to stake $QUACK token
Are you looking to stake your $QUACK tokens and earn rewards? Richquack.com has made the process simple and straightforward with its intuitive platform. This blog will provide you with a step-by-step guide to staking your $QUACK tokens using the Launchpad and Levels feature on app.richquack.com, as the Staking tab is for the old pool.
Before we dive into the details, let's first understand the staking durations and their respective APRs:
7 days: 0% APR
14 days: 8% APR
30 days: 13% APR
90 days: 28% APR
Now, let's walk through the steps to stake your $QUACK tokens.
Step 1: Access the Richquack Platform
Visit https://app.richquack.com using a compatible web browser to access the platform.
Step 2: Connect Your Wallet
In the top right corner of the website, click "Connect Wallet" and follow the prompts to connect a compatible wallet, such as MetaMask, Trust Wallet, or another supported wallet.
Step 3: Navigate to the Launchpad
Once your wallet is connected, click on the "Launchpad" tab in the main navigation menu to access the Launchpad feature.
Step 4: Access the Levels Feature
Inside the Launchpad, click on the "Levels" option to access the new staking pools where you can stake your $QUACK tokens.
Step 5: Choose Your Staking Duration
Select the staking duration that best aligns with your investment strategy and risk tolerance. Remember, the longer the staking duration, the higher the APR.
Step 6: Enter the Staking Amount
Input the amount of $QUACK you want to stake in the chosen pool. Make sure you have enough $QUACK in your connected wallet to cover the staking amount.
Step 7: Approve and Stake Your Tokens
Click the "Approve" button to grant the platform permission to interact with your $QUACK tokens. This may require you to confirm the transaction in your connected wallet. After approval, click the "Stake" button and confirm the transaction in your wallet to stake your $QUACK tokens.
Step 8: Monitor Your Staking Progress
You can monitor your staked tokens, earned rewards, and staking duration progress in the Levels section. After your staking duration is complete, you will be able to claim your rewards and unstake your $QUACK tokens.
By following this guide, you should now be able to stake your $QUACK tokens on Richquack.com confidently. Always remember to understand the associated risks and potential rewards before staking your tokens on any platform. For the most accurate and up-to-date information, double-check the official documentation or reach out to the platform's support team. Happy staking!