Single-sided liquidity solutions on Arbitrum and beyond.
Single-sided liquidity solutions on Arbitrum and beyond.
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Did you know you can stake your $CHOKE for a share of protocol revenue?
Learn how in this short guide!
For a general introduction to staking you can read:
https://www.nansen.ai/guides/crypto-staking-explained-the-complete-guide
How to stake $CHOKE?
What you need:
$CHOKE tokens in your wallet
ETH on Arbitrum to pay for gas
What is gas? Read: https://www.web3labs.com/blockchain-explained-what-are-gas-fees for an intro to gas fees.
That's it, you're all set to start staking!
Step 1 - Connect your Wallet
Open the Artichoke staking page: app.articho.ke/staking
Click "Connect Wallet"
Approve the connection in your wallet app/browser extension
Confirm that you are connected to Arbitrum Mainnet
Step 2 - Input amount of $CHOKE you want to stake and approve
Enter the amount of $CHOKE tokens you want to stake
Click the "Approve" button
Approve the spending of $CHOKE in your wallet app/browser extension
This allows Artichoke to send your specified amount of $CHOKE to the staking pool, but does not send any yet - this is done in the next step and requires your approval again.
Step 3 - Deposit your chosen amount of $CHOKE into the staking pool
Double-check that the amount you put in is correct
Click the "Deposit" button
Approve the transaction in your wallet app/browser extension
Congratulations, you have successfully staked your $CHOKE and are now earning a share of protocol revenue!
You can see your staked amount on the staking page:
Check out this explainer on how Artichoke generates revenue!
Step 4 - Withdraw your stake $CHOKE back to your wallet
When you don’t want to stake any longer, you can withdraw your tokens at any time - in order to do this:
Select “Withdraw” option on the staking page
Enter amount of tokens you want to withdraw
Click the “Withdraw” button
Approve the transaction in your wallet app/browser extension
Your tokens are now back in your wallet!
This is all there is to staking $CHOKE on Artichoke!
Some general points/FAQ:
There is no minimum amount required to stake $CHOKE
The staked tokens can be withdrawn at any time - you do not need to wait a certain time before you withdraw like with other staking options (locked staking)
You need to pay gas for every deposit, withdrawal or claiming of rewards - this fee is paid to the Arbitrum network validators and is not imposed by the protocol
Artichoke has no influence on the gas costs as they depend on network traffic
There is no fee associated with staking or unstaking $CHOKE
Did you know you can stake your $CHOKE for a share of protocol revenue?
Learn how in this short guide!
For a general introduction to staking you can read:
https://www.nansen.ai/guides/crypto-staking-explained-the-complete-guide
How to stake $CHOKE?
What you need:
$CHOKE tokens in your wallet
ETH on Arbitrum to pay for gas
What is gas? Read: https://www.web3labs.com/blockchain-explained-what-are-gas-fees for an intro to gas fees.
That's it, you're all set to start staking!
Step 1 - Connect your Wallet
Open the Artichoke staking page: app.articho.ke/staking
Click "Connect Wallet"
Approve the connection in your wallet app/browser extension
Confirm that you are connected to Arbitrum Mainnet
Step 2 - Input amount of $CHOKE you want to stake and approve
Enter the amount of $CHOKE tokens you want to stake
Click the "Approve" button
Approve the spending of $CHOKE in your wallet app/browser extension
This allows Artichoke to send your specified amount of $CHOKE to the staking pool, but does not send any yet - this is done in the next step and requires your approval again.
Step 3 - Deposit your chosen amount of $CHOKE into the staking pool
Double-check that the amount you put in is correct
Click the "Deposit" button
Approve the transaction in your wallet app/browser extension
Congratulations, you have successfully staked your $CHOKE and are now earning a share of protocol revenue!
You can see your staked amount on the staking page:
Check out this explainer on how Artichoke generates revenue!
Step 4 - Withdraw your stake $CHOKE back to your wallet
When you don’t want to stake any longer, you can withdraw your tokens at any time - in order to do this:
Select “Withdraw” option on the staking page
Enter amount of tokens you want to withdraw
Click the “Withdraw” button
Approve the transaction in your wallet app/browser extension
Your tokens are now back in your wallet!
This is all there is to staking $CHOKE on Artichoke!
Some general points/FAQ:
There is no minimum amount required to stake $CHOKE
The staked tokens can be withdrawn at any time - you do not need to wait a certain time before you withdraw like with other staking options (locked staking)
You need to pay gas for every deposit, withdrawal or claiming of rewards - this fee is paid to the Arbitrum network validators and is not imposed by the protocol
Artichoke has no influence on the gas costs as they depend on network traffic
There is no fee associated with staking or unstaking $CHOKE
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