Staking Checklist

You must complete all of the steps below to stake ISKs.

•  Iskra Portal Sign up - Guide >

• Create Iskra Wallet - Guide >

What You Need for Staking

• Have Base Chain ISK token to stake and a small amount of Base Chain ETH for transaction fee ready in your Iskra Wallet.

Staking Guide

1. Access [Staking] Menu

   • Click [Staking] in the Iskra portal menu or access through Wallet > Staking.

   • You can check the total ISK and sISK balance in your wallet.

   • Click [Stake].

2. Enter the amount of ISKs to stake.

   • You need to stake at least 1 ISK. There is no limit to how many ISKs you can stake.

3. Upon entering the desired amount to stake, you can check the amount of sISK to receive according to the 'Exchange Rate' at that time of inquiry at 'You will receive'.

4. As the preliminary step to send ISKs to the Staking Contract, you will be asked to sign for approval if it is your first time staking.

5. After entering the desired staking amount, proceed with signing to perform the Staking Transaction.

   • You will be asked to confirm the transaction details once again and enter the Iskra Wallet password to sign the transaction.

6. If the Stake transaction is successfully completed, checking Transaction Confirmed details is available.

   • On the Transaction Confirmed pop-up, you can check the Transaction Hash, the amount of ISK staked, the amount of sISK minted, the exchange rate between ISK and sISK at the time of confirmation and the transaction fee actually paid.

7. After staking, you can check ISK Staking Rewards in 'Your Stats' menu.

   • ‘Your sISK Value’ refers to the entire amount of ISK you will receive if you unstake all of your sISK. This number increases in real time according to the number in Stats > 'sISK Value'.

   • You can see that the sISK balance being increased as well.

What you Need for Unstaking

Have Base Chain sISK token to unstake and a small amount of Base Chain ETH for transaction fee ready in your Iskra Wallet.

Unstaking Guide

1. Access [Staking] Menu

   • Click [Staking] in the Iskra portal menu or access through Wallet > Staking.

   • You can check your ISK and sISK balance in your wallet.

2. If you unstake, you will no longer receive the ISK Staking Rewards you were receiving. 

   • Click [Proceed] to proceed with unstaking if you agree with the notice.

3. Enter the amount of sISKs to unstake.

   • You need to unstake at least 1 sISK. There is no limit to how many sISKs you can unstake.

   • If you enter the desired amount to unstake, you can check the amount of ISK to receive according to the 'Exchange Rate' at that time of inquiry at 'You will receive'.

4. After entering the desired amount to unstake, proceed with signing to perform the Unstaking Transaction.

   • You will be asked to confirm the transaction details once again and enter the Iskra Wallet password to sign the transaction.

5. If the Unstake transaction is successfully completed, checking Transaction Confirmed details is available.

   • On the Transaction Confirmed pop-up, you can check the Transaction Hash, the amount of sISK burned, the amount of ISK unstaked, the exchange rate between ISK and sISK at the time of confirmation and the transaction fee actually paid.

6. You may check the unstaked ISK through the ISK balance in your wallet.

   • Check out the increased ISK balance through [Available ISK] or Wallet > Token menu.