How to Stake $GLMR Tokens on #Moonbeam and Earn Staking Rewards?
To get started with the dashboard, navigate to apps.moonbeam.network/moonbeam.
#MoonWell
@MoonwellDeFi @MoonbeamNetwork
To get started with the dashboard, navigate to apps.moonbeam.network/moonbeam.
#MoonWell
@MoonwellDeFi @MoonbeamNetwork
You will also need to connect MetaMask to Moonbeam. GLMR tokens are not ERC-20s but native protocol tokens. Therefore, you must add Moonbeam as a custom network in MetaMask.
Upon accepting permissions and changing the network to Moonbeam, you will be redirected to the main dashboard where you’ll find details about your accounts balance, last transactions, crowdloan rewards data, and staking data.
Token holders can delegate a collator candidate by staking tokens and adding to the collators stake. In return, the collator will share the rewards received from producing blocks amongst all of their delegators.
To delegate a candidate, head to the staking dashboard by scrolling down to the Staking section and clicking on Manage delegations.
From the staking dashboard, you will be able to add stake and delegate collator candidates, modify existing stakes, and get an overall glimpse of your staking activity.
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