CXT Staking on Covalent Network: A Quick and Easy Tutorial
by Kamil Zawieja
Published on September 10, 2024
TL;DR;
CXT staking rewards are generated through the Staking Emission Schedule. Estimate your rewards using the CXT Staking Calculator, helping you understand the potential staking APY.
Use the Covalent Asset Page to track CXT staking details, including reward rates, validator count, and staking ratio.
Choose operators wisely, using the Staking Rewards Verified Staking Provider (VSP) Program, considering metrics like commission, number of delegators, staked balances, and performance.
How to stake CXT in a nutshell: Step 1: Go to the CXT Staking Dashboard and connect your wallet. Step 2: Select the operator to stake by clicking the “Stake” button. Step 3: Enter the amount of CXT tokens to stake and click “Approve”. Step 4: Finalize the staking process by clicking “Stake” and confirm the transaction in your wallet.
