How To Delegate SWTH

Step-by-step guide to delegating your SWTH tokens

The process for staking your SWTH on CarbonHub can be broken down into 3 different stages:

Buy SWTH, or connect your wallet to access your available SWTH, on CarbonHub.
Choose a validator you would like to stake with on CarbonHub.
Enter the amount of SWTH tokens you want to stake.
Start earning rewards. You will receive rewards every second from your staked assets.

Instructions

Step 1: Choose a validator.

From the list of validators, select one or more validator(s) you would like to delegate your staked SWTH to, by clicking on the corresponding 'Delegate' button for the validator.

Delegating to top validators may centralize voting power - Consider delegating to validators with smaller cumulative stake/lower voting power.

Step 2: Enter the preferred amount of staked SWTH you would like to delegate to your validator of choice.

Your staked SWTH amount has been successfully delegated.

Step 3: Earn rewards.

Rewards on staked SWTH tokens are calculated on a per second basis.

Staking SWTH earns rewards in a myraid of tokens.

As block rewards comprise of both SWTH emissions and fee rewards (trading commissions, network fees and CDP fees), staking SWTH earns rewards whenever trades are executed and money market activities (e.g. borrowing) are carried out.

With 65% of block rewards accruing to stakers, this generates staking rewards in a wide variety of assets being traded and borrowed.