Set up Staking
Last updated
Last updated
Let us guide you through the process of setting up your own staking pool, tailored to your project.
Managing multiple projects? No problemโyou can launch a dedicated pool for each one.
Click "Switch to Creator" in the top right corner of your screen and log in with your project's X account.
Once logged in, you'll be prompted to set up a new two-factor authentication (2FA) for the collection to add extra securityโbecause protecting your account comes first. Scan the QR code using your Google Authenticator app and enter your code.
Upload your project's image, enter your project's name, and write a brief description of what youโre building. Donโt forget to fill in the referral code and link your social media pages to maximize visibility! (Connecting X is required)
Arguably the trickiest part of setting up your staking pool is getting the metadata right.
Weโll provide example codes belowโjust replace the necessary details like id
, name
, attributes
, description
and ipfs
(if required).
Customize your code, input it into Stakit, and ensure your collection size matches the exact number of inscriptions in your collection. If you don't use ipfs source for images, you don't have to add any extra lines to the code.
Once you paste the edited code, it should look something like this:
Now, let's set up the reward distribution system. Choosing the correct reward type is important. Click the option you are interested in and follow the steps to setup your staking pool.
Currently, we offer 3 types of rewards. off-chain Points and on-chain Runes and BRC-20s.
Off-chain points exist only within Stakit, while on-chain Runes and BRC-20s are tokens deployed directly on the Bitcoin blockchain, potentially holding monetary value.