How to stake SAN
Santiment TeamSeveral authors
This article describes how to stake SAN token that are already in your posession. Please refer to this article to learn how to buy SAN in the first place.
There are two ways to connect an Ethereum address to a Sanbase account. You can use MetaMask as a first login (and add an email address later) or add it to an existing account.
This procedure is described in the article Logging into Sanbase, please check there.
After logging into Sanbase using your email address you open the account settings, which can be found in the upper right corner by hovering over the account-icon:
In account settings, you will find the following option, click it:
In case your MetaMask plugin is not logged in yet, please do it now as prompted.
Please note that MetaMask can create a local wallet within the browser, import a wallet in multiple ways, or be connected to a hardware wallet like the Ledger Nano S. Make sure your tokens are safe!
Please confirm the following step to let Sanbase connect to MetaMask (and the selected wallet):
You will now be asked to sign a message with your private key. Please note that this is not a transaction, no tokens are sent, no changes are made to the blockchain. This step simply proves that the connected account is in your control and hereby belongs to you.
After confirmation, you will see your address and SAN token balance in the account settings.
Please note: Staking currently means holding a certain number of tokens at an ETH address that Sanbase can check each time you visit (it's a lot like maintaining a minimum balance in a bank account). In the future, we plan to implement a more advanced staking mechanism.