How to Use Citadel.one pSTAKE App
pSTAKE is finally integrated into Citadel.one!
pSTAKE is a liquid staking solution that unlocks the potential of staked PoS assets (e.g. ATOM). PoS token holders can deposit their tokens on the pSTAKE application to mint 1:1 pegged ERC-20 wrapped unstaked tokens, which are represented as pTOKENs (e.g. pATOM) that can then be transferred to other wallets or smart contracts on the Ethereum network to generate additional yield.
Now all this functionality is available right on the Citadel.one platform!
In this guide, we will walk you through the utilization of this new extension and highlight some of the functions available to users. By way of example, all operations will be performed using the Ledger device.
Extensions Store
Open the Citadel.one app. In the right upper corner find the icon with three squares and a circle and click on it.
On the opened page you can see all integrated extensions. Choose the pSTAKE tab.
Making a Deposit
Click on “Deposit”. Choose the token you want to deposit. In the “From” field enter the number of coins you want to deposit.
Select the address you want to deposit your assets to.
Click “Deposit and stake”.
Check all the transaction details and click “Confirm”.
Confirm the operation on your Ledger device.
Congrats! Your transaction is submitted. Some time is required for it to be completed. You can also write a comment for your transaction in the field below.
Staking
To stake Assets, you don’t need to mint pASSETs. stkASSETs are minted right away.
Click on “Stake” and choose the “Stake” tab.
Click on the “From” field to select the token you want to stake and enter the number of coins you want to stake.
Select an address you want to deposit your assets to.
Click “Deposit and stake”.
Check all the transaction details and click “Confirm”.
Confirm the operation on your Ledger device.
Congrats! Your transaction is submitted. Some time is required for it to be completed. You can also write a comment for your transaction in the field below.
Balances
In the “Balances” section you will find all information about your assets: balances, rewards, unbonded tokens. Here you can redeem your tokens and claim your rewards.
Claiming Rewards
Click “Claim now!”
Check all the transaction details and click “Confirm”.
Confirm the operation on your Ledger device.
Congrats! Your transaction is submitted. Some time is required for it to be completed. You can also write a comment for your transaction in the field below.
Unstaking
When unstaking you should first convert stkASSETs into pASSETs, and then pASSETs into ASSETs.
Click on “Stake”. Choose the “Unstake” tab.
Click on the “From” field to select the token you want to unstake.
In the “From” field enter the number of coins you want to unstake. Press “Unstake”.
Check all the transaction details and click “Confirm”.
Confirm the operation on your Ledger device.
Congrats! Your transaction is submitted. Some time is required for it to be completed. You can also write a comment for your transaction in the field below.
Withdrawal
Click on “Withdraw”. Choose the token you want to withdraw. In the “From” field enter the number of coins you want to withdraw.
Select the address you want to withdraw your assets to.
Click “Withdraw”.
Check all the transaction details and click “Confirm”.
Confirm the operation on your Ledger device.
Congrats! Your transaction is submitted. Some time is required for it to be completed. You can also write a comment for your transaction in the field below.
If you have further questions, drop us a message to support@citadel.one. You can also join our chat in telegram, 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 wallets’ balances and networks’ main metrics. 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 nearest future.
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