Good news — IX Swap’s long-awaited new staking program is finally LIVE on the Polygon network!
Take your pick from four new staking pools, including one with a 2-year staking period, and get rewarded up to 32% APR simply for staking your tokens!
Our pools fill up fast so make sure you’ve read through our in-depth introduction about them here, where we discussed how you can participate and how you can withdraw your staked token and claim your rewards.
- Single-Sided Staking
- Network: Polygon (MATIC)
- Token Name: WIXS
- Start Date: February 15, 2022
In case you missed our other exciting announcement, IXS deposit and withdrawal via Polygon is now available on KuCoin. This means quicker and easier bridging of your IXS tokens to the Polygon network, so you can get WIXS and participate in the staking program. You can read more about it here.
Guide on How to Stake Your WIXS
Please make sure that you have available MATIC on your wallet to cover the transaction and gas fees. Once you’re all set, here’s how you can start staking your WIXS:
- Head over to https://ixswap.defiterm.io/.
- Set your network to Polygon.
- Connect your wallet (either MetaMask or Wallet Connect) by clicking the Connect Wallet button on the top right corner of your screen.
If there is a green light next to your wallet, that means your wallet is connected. Please ensure that you have WIXS tokens to stake and MATIC to pay for gas before you proceed to the next step.
- Go to the menu bar on the left corner of the dashboard and select Staking.
- Choose Active Campaigns and from there, you can see the available staking campaigns.
- Select your preferred staking pool and click the Stake button.
- In the Staking prompt, click the Approve WIXS Token button.
- Confirm on MetaMask.
- Indicate the number of WIXS tokens you want to stake and click the Stake WIXS Token button to proceed.
- Confirm the MetaMask gas fee charge.
- Once successful, you will see the details of your staking participation on your dashboard. Please note that the compounding feature is not available yet and the APY indicated on each staking pool should be understood as APR.
That’s it and you’re done! If you have further questions, feel free to hop into our Telegram channel and one of our community mods will be more than happy to help you out.
About IX Swap
IX Swap is a next-generation platform that leverages DeFi services backed by CeFi regulatory compliance to facilitate safe and convenient issuance, listing, and trading of security tokens and fractionalized NFTs.
By bridging the gap between traditional finance and innovative blockchain-based solutions, IX Swap is paving the way in democratizing access to traditional financial markets that have never been done before.