What does it mean to Stake HEX?
Staking HEX is the process of locking your HEX for a defined time of your choosing.
As a reward for locking HEX, you will be paid HEX in interest. You will not be able to receive this HEX until the Stake period has completed.
When you stake, keep this in mind. Bigger pays better, longer pays better. At the time of this writing, HEX is paying 37% interest APY on HEX stakes.
1. Open Your Browser, Open MetaMask to Login
2. Login to Metamask
3. Navigate to the address go.hex.com and click on the Stake menu tab.
4. Enter Stake details (Amount of HEX and stake duration)
Enter the amount in HEX to stake (green rectangle)
Enter the length in days you would like to stake (red rectangle)
Notice the Orange square as you are inputting amount/length values. These values are updated and give you interest you would earn.
Note: The Big payday has already occurred. This detail is no longer visible.
5. Confirm Metamask Transaction
6. Stake is complete!
7. Don't forget to End Stake when your stake duration has completed.
Don’t forget to come back to the staking tab and check on the progress of your stake. Once it reaches 100%, you can end the stake.
If a completed stake is unclaimed after two weeks you will begin to lose your HEX in the stake.
To end the stake click on the <em>End Stake</em> button.
8. End Stake or Good Accounting
When you click on End Stake you will see two options:
End Stake – This option will end your stake
Good Accounting – Selecting this option will prevent you from losing any HEX from your stake. As mentioned in the previous step, if you have an unclaimed stake and two weeks pass by, then you will start to lose your stake profits as well as the HEX that you have staked. Selecting this option prevents you from those fees without actually claiming the HEX back to your wallet.
9. End Stake Metamask Confirmation
Confirm the staking transaction.
You can click the EDIT link to speedup the transaction (Green arrow)
Click on the Confirm button (Red arrow)
