Pillar Staking is live and consists three main operations
- Locking Tokens
- Delegating Tokens (optional)
- Request Unlocking Tokens
- Unlock Tokens
Once you have some gzil in your account, you can stake them to earn rewards. The staked gzil also allow you to participate in pillar governance.
Click on Lock Tokens button and window shown below should open.
- Enter the amount the gZil you want to stake to the contract.
- Click Approve GZIL Tokens. you may need to refresh the page once this transaction in confirmed and it is absolutely fine .
- Click on Lock GZIL Tokens to lock your token
Delegating Tokens (optional)
By default locking up tokens in staking contract gives you votes to create and vote on governance proposals in pillar protocol (without transferring your tokens). To delegate to any user click on delegate button and input the address to delegate as shown below.
You can always change the delegate to any address (including self). The top 10 addresses to whom the most gZil have been delegated is shown left side of the page.
Placing Unlocking Request
you can place unlocking request by clicking on Request unlock button. Once successfully placed, you can withdraw the tokens immediately after clicking Unlock on individual request. You can always cancel the existing request.