How to Stake Your $TSCT?
Staking Feature will go live on 28th January 2022 at 12pm UTC, learn how to join it!
Despite its youth, Transient keeps improving its already robust user experience. Crypto launchpads have become a very important source of early allocation opportunities, but people tend to overlook the lucrative potential of Staking.
These opportunities are usually driven by the increasing need for liquidity by startups and investors. If you are looking for a simpler way to leverage your existing tokens, Staking is definitely one of the ways to go. The pool is going live Thursday, 28th and all the details on how to stake your $TSCT are listed below!
What you need to know about $TSCT Staking
Highlights
- Receive $TSCT rewards through the Staking Pools
- Tokens locked on stake continue to count on Transient’s Tiering System
Current Live Pool: 90 Days (Ethereum Network)
Please note that investors can currently only take part in the 90 Day ETH Pool. A BSC $TSCT staking pool will also be available — to be announced soon.
The Staking pool will have a 90 days duration to ERC20 tokens with initial APY of 50%.
Why and When you should stake?
Why?
Besides the interest rate itself, users will still have their exclusive benefits on Transient’s Tier System, making you able to enjoy various advantages across all Transient’s dApps.
When?
Participants will have the opportunity to get ready for staking when it goes live on January 28th 2022.
Transient’s Roadmap, Tiering System and Staking Features are just in the beginning. Stay up to date with the latest developments by following us on Twitter and Telegram.
What do you need to get started?
In order to participate in the Staking Pools, head over to the platform, which is going to be announced soon.
Connect your wallet using “Connect Wallet” at top right corner of your screen (either through Metamask or Wallet Connect)
If there is a green light next to your wallet, that means your wallet is connected. Make sure you have $TSCT tokens to stake and $ETH to pay for gas fees.
Go to the menu bar on the left corner of the dashboard and select “Staking”.
Click “Active Campaigns”. From there you will be able to see the general overview of available staking campaigns.
Staking Steps
After you have connected your wallet (Ethereum), click the stake button.
In the STAKE TSCT prompt, approve TSCT tokens if you are using the portal for the first time.
Confirm on Metamask.
Add the number of $TSCT tokens you want to stake.
Confirm the Metamask $ETH gas fee charge.
You are done!
When the transaction is completed, you will be able to see your active staking campaign on your dashboard.
With the launch of this staking rewards system, Transient hopes to improve on our community experience by providing holders with more opportunities to earn additional rewards and also having more time to stake their tokens so they can maximize their earning potential.
*The information on the screenshots is for illustration only.
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