How to stake tokens on GamesPad
Staking cryptocurrency implies committing crypto assets to a blockchain network to facilitate and validate transactions. Proof-of-stake (POS) allows cryptocurrency owners to verify block transactions based on staked currencies. Staking can be a great way to use your crypto to generate passive income, especially because some cryptocurrencies offer high-interest rates for staking.
Here is a detailed guide on how to start staking on GamesPad. First, you will need to deposit your GMPD tokens in the GamesPad staking pool. Later, you will regularly get rewards with more GMPD tokens.
- Go to app.gamespad.com > Staking Pool.
- Click on the box as shown in the image, and you’ll see the extended version of the pool.
- Type in or select the amount of the $GMPD tokens you’d like to stake.
- Click on “Deposit” > “Approve” > “Confirm” in your MetaMask wallet.
- Please wait for the next confirmation stage. Click “OK” > “Deposit GMPD” > “Confirm” in the wallet.
- Click “OK” and revisit the page to make sure the operation is completed.
Congratulations! You just deposited your tokens successfully.