Staking on Hex Safe

This guide will walk you through on how to use the Staking Services on Hex Safe

How do I stake on Hex Safe ?
How do I unstake on Hex Safe ?
How can I claim my rewards on Hex Safe ?

How can I stake on Hex Safe  ?

  1. Navigate to Staking: Locate the "Staking" section within Hex Safe.
  2. Choose Your Stake: Click on the "Stake Now" button for the specific asset you want to stake.
  3. Define Stake Parameters:
    • Select the asset you wish to stake.
    • Choose the Network on which the staking will occur.
    • Specify the account from which you'll be funding the stake.
  1. Add Stake Details:
    • Enter the amount of tokens you want to stake.
      • For ETH only: Amount has to be a multiple of 32ETH.
    • Carefully review the terms and conditions associated with staking. Ensure you understand the potential risks and rewards before proceeding.
    • If you agree to the terms, click the "Stake" button.
  1. Confirmation:
    • A confirmation screen will appear. Double-check all the details of your stake (amount, validator, network, etc.).
    • If everything looks correct, click "Confirm Staking" to proceed.
  2. Authenticate via Hex Safe Mobile App:
    • You'll receive a prompt within your Hex Safe Mobile App requesting confirmation for the staking transaction.
    • Review the details on your mobile app and confirm the transaction if it matches what you initiated on Hex Safe .
  3. Approve transaction on Hex Safe Mobile App:
    • Once the transaction is initiated, users with the Approver role will be prompted to give final approval of the transaction on the Hex Safe Mobile App.


How can I Unstake on Hex Safe ?

  1. Access Staking Positions: Locate the "Staking" section within Hex Safe.
  2. Find Your Stake: Scroll down to view a list of all your current staking positions.
  3. Initiate Unstake: Identify the specific asset you want to unstake. Look for the "..." button on the right side of the corresponding stake entry. Click on this button and select "unstake".
  4. Confirm unstake Details:
    • The platform will display a confirmation screen. Verify that the information matches your unstaking request, including:
      • Asset: The token being unstaked.
      • Network: The blockchain network associated with the stake.
      • Account: The account from which the staked tokens originated.
    • If everything looks correct, click "Continue".
  5. Choose a Validator : Select the validator from which you want to unstake your tokens from.
  6. Review and Confirm:
    • A confirmation screen will summarize the unstaking transaction details.
    • Double-check all the information (validator, network, asset amount, etc.).
    • Once you're confident about the details, click "Confirm Unstake" to proceed.
  7. Authenticate via Hex Safe Mobile App:
    • You'll receive a prompt within your Hex Safe Mobile App requesting confirmation for the staking transaction.
    • Review the details on your mobile app and confirm the transaction if it matches what you initiated on Hex Safe .
  8. Approve transaction on Hex Safe Mobile App:
    • Once the transaction is initiated, users with the Approver role will be prompted to give final approval of the transaction on the Hex Safe Mobile App. 

How can I claim my rewards on Hex Safe ?

  1. Access Staking Positions: Locate and navigate to the "Staking" section within Hex Safe.
  2. Identify Rewards: Scroll down to view a list of all your current staking positions.
  3. Claim Rewards: Find the specific asset for which you want to claim rewards. Look for the gift icon on the right side of the corresponding stake entry. Click on this icon and select "Claim Rewards".
  4. Confirm Claim Details:
    • The platform will display a confirmation screen. Verify that the information matches your claim request, including:
      • Asset: The asset for which you're claiming rewards.
      • Network: The blockchain network associated with the stake.
      • Account: The account where the claimed rewards will be deposited.
    • If everything looks correct, click "Continue".
  5. Choose Validator: Select the validator from whom you want to claim rewards.
  6. Review and Confirm:
    • A confirmation screen will summarize the claim transaction details. Double-check all the information (validator, network, asset amount, etc.).
    • Once you're confident about the details, click "Confirm Claim Rewards" to proceed.
  7. Authenticate via Hex Safe Mobile App:
    • You'll receive a prompt within your Hex Safe Mobile App requesting confirmation for the staking transaction.
    • Review the details on your mobile app and confirm the transaction if it matches what you initiated on Hex Safe .
  8. Approve transaction on Hex Safe Mobile App:
    • Once the transaction is initiated, users with the Approver role will be prompted to give final approval of the transaction on the Hex Safe Mobile App.