How to Liquid Stake
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Once your first staking cycle has concluded, you will have the option to continue earning rewards via Liquid Staking. Liquid Staking allows you to earn rewards while maintaining liquidity as you receive LiALEX in exchange for your stake. You can start liquid staking directly from the LISA Lab Homepage, or from the ALEX Lab Homepage if you've manually staked before. This section explains how to start liquid staking your rewards from manual staking. For more information, you can refer to the Key Concepts section.
Head to the Stake page, or, alternatively, click on the navbar's Earn
-> Stake
tab from the ALEX Labs homepage.
Once you're on the Stake page, you'll find the My Staking panel, which displays your current stake.
If a cycle has ended and you can claim rewards, you will see the amount of claimable $ALEX and APower on the Harvest
button. If you have no rewards to claim yet, the Harvest
button will be greyed out.
Below the button, you will see the Auto Stake
slider. Click on it if you wish to proceed to Liquid Staking and receive LiALEX in exchange for staking your rewards.
Bear in mind that, if your staking period has ended, Auto Stake
will also stake your Principal (your original $ALEX stake) rather than just your rewards. It is not possible to auto stake only a portion of your principal or your rewards.
With the Auto Stake
slider in green, click on the Harvest
button to stake your rewards.
A confirmation panel will appear where you can double check the amount. If everything looks correct, click Confirm
.
Harvest: The amount of staked $ALEX that will be auto staked and the amount of APower that you have earned by staking.
Auto Stake (receive): The amount of LiALEX tokens you will receive in exchange for continuing to stake your $ALEX. This allows you the benefit of maintaining liquidity while continuing to earn staking rewards.
Stake Price: The price of LiALEX relative to $ALEX.
Total Claim: The amount of LiALEX and APower that will be transferred to your wallet. Your ALEX tokens will continue being staked.
After clicking Confirm
, you will need to confirm the transaction in your wallet.
Here, your Stacks wallet is interacting with the ALEX smart contract and is asking you for approval. Scroll through the wallet transaction window, review it and confirm the transaction. By doing this, you are allowing the wallet to sign and broadcast the transaction.
Wait for the transaction to be confirmed on the network.
Your LiALEX could take between 20-40 minutes to appear on the Stake page, but once the transaction is confirmed on the ALEX network, you will be able to see your staked tokens in the My Staking section.
Note that Liquid Staking does not have a cooldown period, meaning your tokens start earning rewards from the current cycle onward. For more information, please refer to the Staking FAQs.
Recommended to track transaction status:
Turn on Telegram notifications, you will get notified when the transaction is confirmed.
Search for the transaction on the ALEX Explorer.
Check your address activity on the wallet.