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How to stake LSK

Img1: Staking at the Lisk Portal

How to stake your LSK tokens​

info

You can stake any amount of LSK tokens, starting from a minimum of 0.01 LSK

  1. Go to the Stake Tokens page on the Lisk Portal:
    → https://portal.lisk.com/staking/stake ←
  2. Connect your Lisk wallet to the Lisk Portal, if you haven't already.
  3. Select the network you want to stake on. This should be either Lisk or Lisk Sepolia Testnet.
  4. Now fill out the form as described in the following steps to complete the staking process. Enter the amount of LSK you wish to stake.

    You may use the %-Buttons below to conveniently stake a certain percentage of your total LSK balance.
  5. Set the locking period.

    By setting the locking period, you define the duration for which your LSK tokens will be staked. As long as the tokens are staked, they are locked for any other usage.
  6. Click the Stake button.

    This will prompt you to initiate the stake and to approve the spending cap for the staking contract.
  7. Approve the spending cap by clicking the Approve button.
    You can skip this step if you already approved a higher or the same spending cap for the staking contract during a previous stake.

    Confirm the spending cap for the Staking contract in your wallet.
  8. Create the locking position by clicking the Stake button.
    Approve the transaction in your wallet.

That's it! 🎉 You have now successfully staked your LSK tokens.

Confirmation
Img2: Staking confirmation message

As you can see on your Staking Dashboard, you receive voting power in the Lisk DAO and staking rewards, proportional to your staked amount and locking duration.

In order to use your voting power to participate in the decentralized governance of Lisk, make sure to Delegate your voting power to yourself or a delegate of your choice.

After at least one day of staking, you should see the accumulated amount of staking rewards that you are eligible for until then. Check out the next section to learn how to claim your rewards.

How to claim staking rewards​

Staking rewards can be claimed at any time. When claiming, you can choose to either receive the rewards or re-stake them, increasing your locked amount and thereby boosting your voting power in governance.

  1. Go to the Claim tab of the Stake Tokens page on the Lisk Portal:
    → https://portal.lisk.com/staking/claim ←
    Connect your Lisk wallet to the Lisk Portal, if you haven't already.
  2. Select the network you want to stake on. This should be either Lisk or Lisk Sepolia Testnet.
  3. Click the Claim Rewards button.
  4. Verify your rewards, ready to be claimed.

  5. Click the Claim Rewards button.
  6. Approve the transaction in your wallet to complete the claiming process.

How to unstake your LSK tokens​

If you wish to unstake your staked LSK in order to use them for different purposes, please follow this process:

caution

LSK tokens can only be unstaked, if the locking period of the staked tokens has expired.

  1. Go to the Unstake tab of the Stake Tokens page on the Lisk Portal:
    → https://portal.lisk.com/staking/unstake ←
    Connect your Lisk wallet to the Lisk Portal, if you haven't already.
  2. Select the network you want to unstake on. This should be either Lisk or Lisk Sepolia Testnet.
  3. Select the expired locking position you wish to unstake and follow the described process.

  4. A prompt will appear, waiting for you to confirm the unstaking process in your wallet.

    Approve the transaction in your wallet to complete the unstaking process.