Crosswalk

The Crosswalk Ecosystem is continuously evolving, providing users with multiple ways to engage and earn from their holdings. One of the most exciting features is staking Crosswalk Token (CSW), which allows you to lock your tokens for a set period and receive rewards in return. Whether you&#39;re new to staking or experienced, this guide will take you through the process step by step.<h3 id="why-stake-crosswalk-token">Why Stake Crosswalk Token?</h3>Staking CSW provides multiple benefits. Not only do you earn rewards over time, but you also contribute to the stability and growth of the Crosswalk Ecosystem. By staking, you&#39;re locking up your tokens, reducing circulation, and in return, you receive rewards proportional to the amount you stake and the duration of your lock period.You can stake your CSW using the <a href="https://stake.crosswalk.pro/" rel="noopener noreferrer nofollow">Smithii Tools interface</a>, and here’s how:<h3 id="step-1-preparing-for-staking-install-a-wallet-extension-or-use-a-mobile-wallet-browser">Step 1: Preparing for Staking — Install a Wallet Extension or Use a Mobile Wallet Browser</h3>Before you start staking, ensure that your wallet is compatible with the staking interface. Depending on your device:<ul><li>Desktop Users: Install a Solana-compatible wallet extension such as Solflare or Phantom. This will allow your browser to securely interact with your wallet and handle transactions.</li></ul><ul><li>Mobile Users: Most wallets have an inbuilt browser. Open the Solflare app (or your chosen wallet) and navigate to <a href="https://stake.crosswalk.pro/" rel="noopener noreferrer nofollow">stake.crosswalk.pro</a> to connect your wallet.</li></ul><h3 id="step-2-access-the-staking-platform-connect-your-wallet">Step 2: Access the Staking Platform — Connect Your Wallet</h3>Once your wallet is ready, visit <a href="https://stake.crosswalk.pro/" rel="noopener noreferrer nofollow">stake.crosswalk.pro</a>, which will redirect you to the Smithii Tools staking interface. You’ll be prompted to connect your wallet by clicking “Connect Wallet” in the top-right corner. (Refer to screenshot 1 for the interface layout.)<ul><li>A pop-up will appear asking you to select your wallet provider. In this example, we&#39;ll use Solflare (see screenshot 2).</li></ul><ul><li>Approve the connection request to move forward.</li></ul><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8f238b48ce60480c90388ba05425d2f1.png" /><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8a717d7f7da54e46aa55787476cbd658.png" /><h3 id="step-3-wallet-authorization">Step 3: Wallet Authorization</h3>After you approve the connection, your wallet will request permission for the staking platform to access it (as shown in screenshot 3). This step ensures that only trusted platforms interact with your wallet. Approve the connection, and you’re ready to proceed.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/4a033750c39845708526fa28363011f1.png" /><h3 id="step-4-choose-your-staking-terms">Step 4: Choose Your Staking Terms</h3>With your wallet connected, select how many CSW tokens you want to stake and choose your lock period. The available lock periods are:<ul><li>8 days with 8% APY: Ideal for short-term staking.</li></ul><ul><li>88 days with 18% APY: A longer-term option with greater rewards.</li></ul><ul><li>264 days with 28% APY: For those ready to commit long-term for the highest returns.</li></ul>You can manually enter the number of tokens to stake or use the Max or Half buttons for quick input. In this example, we&#39;re staking 300,000 CSW tokens. (See screenshot 4 for a visual reference.)<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/697d7aab02a940b7aa45acf40ef932f9.png" /><h3 id="step-5-staking-fees-one-time-and-network-fees">Step 5: Staking Fees — One-Time and Network Fees</h3>Before you finalize your staking, note the following fees:1. Staking Fee: A one-time fee of 0.08 SOL is required to initiate staking.2. Network Fees: In addition to the staking fee, you&#39;ll need a small amount of SOL to cover network fees. For example, in this case, the fee is 0.00039 SOL, but it may vary depending on network conditions.Once you review the fees (shown in screenshot 5), click “Approve” to confirm the transaction via your wallet.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/bef9b5fbf4d44eb9be5419f3e0262be5.png" /><h3 id="step-6-staking-confirmation">Step 6: Staking Confirmation</h3>Once approved, the platform will confirm that your tokens have been successfully staked. You’ll see key details such as:<ul><li>The amount of CSW staked (e.g., 300,000 CSW).</li></ul><ul><li>The lock period chosen (e.g., 8 days).</li></ul><ul><li>The date and time your stake was locked (e.g., 09/26/2024 at 21:34). A link to the transaction details on the blockchain is also provided.</li></ul>Refer to screenshot 6 for the staking confirmation screen.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/b1b39e2b6907490ba0d41abce154186a.png" /><h3 id="step-7-monitoring-your-rewards">Step 7: Monitoring Your Rewards</h3>After your CSW tokens are staked, the platform provides real-time tracking, allowing you to:<ul><li>Monitor your rewards as they accumulate.</li></ul><ul><li>View daily reward estimates based on your staked amount.</li></ul>This helps you plan when to claim your rewards and track how much you&#39;ve earned.<h3 id="step-8-claiming-your-rewards">Step 8: Claiming Your Rewards</h3>You can claim your staking rewards anytime, but note that gas fees in SOL are required. These fees depend on network conditions, so it’s best to claim your rewards strategically when fees are low. We recommend waiting until your rewards accumulate to avoid unnecessary gas fees.<h3 id="step-9-unstaking-a-simple-process">Step 9: Unstaking — A Simple Process</h3>Once your lock period ends, unstaking your tokens is easy. Follow the same steps to unstake, and your tokens will be returned to your wallet. Just like staking, a small network fee is required for unstaking, but no additional fees are charged by Crosswalk.<h3 id="in-conclusion">In Conclusion:</h3>Staking Crosswalk Token (CSW) offers a straightforward and rewarding way to engage with the Crosswalk Ecosystem. With real-time reward tracking, transparent fees, and flexible staking periods, it’s easy to manage your stake and earn rewards.Be sure to consider staking fees, network gas costs, and strategically claim your rewards to maximize your earnings.Happy staking!Crosswalk Ecosystem Team

Complete Guide to Staking Crosswalk Token (CSW) in the Crosswalk Ecosystem

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