Axelar Staking Guide
Axelar is the universal overlay network, securely connecting all blockchain ecosystems, applications, assets, and users to deliver Web3 interoperability.
In this article, we will show you how to stake $AXL via the Citadel.one platform.
How to stake $AXL via Citadel.one
Step 1. In the Citadel.one app open the page of the AXL address you need. Click Start Staking.
Step 2. In the Amount field, write down the number of AXL tokens you want to delegate. If you want to select another node for staking, click Change. Then click Stake.
Step 3. Double-check the amount and commission fee. Enter your password in the text box and press the Confirm button.
Step 4. When everything went fine you should see a “Success” screen. Here, you can see your wallet address, the chosen node, the amount you staked, go to explorer to track your transaction, and add a comment to it. Press Ok and wait while the transaction is going through.
That’s it! Now you will begin to receive rewards based on how much AXL you staked.
To learn more about Axelar visit their official website.
If you have further questions, drop us a message to support@citadel.one. You can also join our chat in Telegram, where there is an active discussion of all current updates, as well as round-the-clock support from our managers
About Citadel.one
Citadel.one is a non-custodial Proof-of-Stake platform for the management and storage of crypto assets. Users can create public addresses for all supported networks with one seed phrase, connect their Ledger or Trezor device, or import an address generated by another wallet.
The analytical dashboard provides relevant information on balances of wallets and main metrics of networks. In Citadel.one, we standardize the semantics, making interactions with the platform as easy as possible. The same goes for network metrics. By using universal terms, we are making it easier for users to understand and compare networks.
One of the main functions of the Citadel.one platform is participation in the PoS consensus — users can stake and delegate their assets, claim rewards, and follow the latest network proposals in the voting tab.
Citadel.one offers its users instant cryptocurrency exchange services that allow fast and secure crypto assets swap. It is also possible to buy and sell crypto with a credit or debit card. Citadel.one users can track rewards, withdrawals, transfers, and deposits across all supported networks and add comments to these transactions.
Among PoS platforms, Citadel.one supports BAND network ($BAND) Secret Network ($SCRT), Cosmos ($ATOM), ICON ($ICX), IOST ($IOST), KAVA ($KAVA), BSC ($BNB), Juno ($JUNO), Comdex ($CMDX) and Tezos ($XTZ). We also support Ethereum, Bitcoin, and Tether ($USDT) for our users’ convenience. Mobile and desktop versions, new networks, including Polkadot are scheduled for the upcoming updates. Furthermore, delving into the idea of true decentralization, we envision Citadel.one a decentralized autonomous organization and a genuinely community-owned platform in the near future.
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