Skip to main content
19.4.2023 damian

How stake THOL token?

AngelBlock is a new cryptocurrency built on L1 Aleph Zero. Recently, with the introduction of smart contracts on Aleph Zero, AngelBlock launched staking of its native token THOL. In the following paragraphs, we will describe how to stake THOL.

There are two options for purchasing THOL tokens:

Visit Uniswap and exchange your favorite tokens for THOL (decentralized option).Visit the MEXC exchange and get THOL through the USDT/THOL trading pair.

The following instructions will show you how to stake THOL tokens:

Make sure you have THOL and/or NFT in your wallet; otherwise, you will not have access to the Staking interface.Visit the AngelBlock $THOL Token page.Click Connect wallet in the top-right corner of the page.Select MetaMask.If you have multiple accounts in MetaMask, choose the account you want to connect and click Next.If prompted, switch to the Ethereum Mainnet network and click on Switch network to confirm the change.Click Sign and wait a moment for the connection process to complete.A successful connection to the AngelBlock Protocol is indicated in the top right corner by the wallet address you connected. Now you will have access to the Staking interface.

Before staking THOL tokens, be aware:

Currently, THOL can only be staked on Ethereum.Make sure you have some ETH to pay the gas fee for your staking transaction.Staking rewards are accrued daily and automatically reinvested.You can stake THOL and NFTs together in a single transaction to save on transaction fees.

To stake THOL tokens:

Visit the AngelBlock page.Make sure you are on the Stake interface (not Unstake).Enter the desired amount of THOL to stake and click Approve staking to allow AngelBlock access to your THOL. In MetaMask, set a spending limit for THOL (simply click on "default value". Or set the same amount of tokens you want to stake) or allow unlimited spending and click Next. Review and click Approve. (Enter only a number that you are comfortable with the contract spending now or in the future. You can always increase the spending limit later).Back in the THOL Staking interface, click Stake.Confirm the transaction in MetaMask.You will see your staked THOL in the Recent Transactions section below. It may take a few moments for the transaction to complete and for the AngelBlock Staking dashboard to update.

To unstake THOL tokens:

Visit the AngelBlock $THOL Token page.Click on Unstake to access the Unstake interface (not Stake).Enter the desired amount of THOL to unstake and click Unstake.Confirm the transaction in MetaMask.You will see your unstaked THOL in the Recent Transactions section below. It may take a few moments for the transaction to complete and for the AngelBlock Staking dashboard to update.Your unstaked THOL is queued and will be available for release after the unlocking period ends (10 days).After the 10 days, click on Release $THOL to credit the tokens to your wallet.Confirm the transaction in MetaMask, and you will receive the THOL tokens in your wallet.

 

Rate by number of stars

Rating:

Our other articles

A significant day for the Terra community has arrived as Alliance staking rewards are now live, according to a tweet from Terra. Welcoming users from the Migaloo and Carbon ecosystems, the platform is expanding its reach. Notably, holders of bWHALE, ampWHALE, and rSWTH can now stake their tokens on Terra with a zero-day unbonding period. This new development allows users to earn LUNA staking yield in addition to their chain’s native staking rewards. More details about staking Alliance assets on Terra can be found on the official Terra Money Twitter page. Warp Protocol's Multi-Chain Expansion Continue
Trust Wallet, a popular digital wallet, has announced its support for Base Mainnet. This development allows users to explore the BASE ecosystem through Trust Wallet. The integration of Base, a low-cost, open-source layer 2 blockchain, into Trust Wallet is a significant step forward for both platforms. Users can get started by following the instructions provided on the Trust Wallet's blog. In addition, Trust Wallet users are encouraged to stay connected and updated by joining the conversations on various platforms such as Telegram, Discord, Twitter, Instagram, and Facebook. Earning Crypto with Staking in Trust W
Adding custom tokens in Carbon Browser has been made as simple as typing the first few characters of the token name, according to a recent tweet from Carbon's official Twitter account. The example given showed how typing 'Pool' brings up the $POOLX token. The ease of this feature encourages users to add tokens to their wallets, and they are invited to share their first choices in the comments. More information can be found on the original tweet here. The Carbon Browser promotes usage of $CSIX, #Web3, #DeFi, and #BNB amongst others. Over 53M+ $CSIX Staked on Carbon A significan
As per recent reports, the Carbon Browser Wallet has added Ripple's digital currency, XRP, to its platform. This move is expected to provide over six million users with access to XRP on both Android and iOS platforms. The news was first announced via a tweet from the official Carbon account. This inclusion is a significant development for the XRP community, including #XRPArmy, #XRPCommunity, #XRPHolders, and others who have been advocating for wider adoption of this digital asset. Earn Up To 15% APY on CSIX With Carbon Browser In another devel