GuidesEarnDelegate

Delegate

You can delegate or stake your Pryzm and Pryzm LP assets to a validator in exchange for rewards. Follow the steps below to delegate your assets. Remember, delegated assets will be locked up with a validator, and they must undergo an undelegating period before they can be traded freely. If you want to liquid stake your assets to be able to trade them freely, visit the Liquid Staking page. To learn more about staking in general, visit the Staking 101 page.

Stake

  1. Visit https://app.pryzm.zone/ and connect your wallet. Under the Earn tab, click Delegate.

  1. In the Tokens section, you'll see a list of tokens that can be staked. Click Stake next to the asset you want to delegate. Remember, you need to have tokens in your account before you can delegate them.

  1. Enter the amount you want to stake and click Next.

  1. Choose a validator to stake to by clicking Select.

  1. After confirming the amount you want to stake, click Confirm and sign the transaction in your wallet extension.

After successfully completing the transaction, your tokens will be staked, and they will start earning rewards.

Redelegate

If you want to switch the validator you are staking with, you can redelegate to transfer your staked assets to a different validator.

  1. Visit https://app.pryzm.zone/ and connect your wallet. Under the Earn tab, click Delegate.

  2. Scroll down to the My Validators section to view the validators you are staked to. Next to the validator you want to redelegate from, click Redelegate.

  1. Enter the amount you want to redelegate, and select a validator you want to redelegate to.

  1. Click Redelegate and sign the transaction in your wallet extension. Once the transaction has been completed, your assets will be redelegated.

Unstake

If you no longer want your assets to be staked, you can unstake them by following the steps below. After initiating an undelegation, you'll have to wait until the undelegation period has ended before you can claim them.

  1. Visit https://app.pryzm.zone/ and connect your wallet. Under the Earn tab, click Delegate.

  2. Scroll down to the My Validators section to view the validators you are staked to. Next to the validator you want to unstake from, click Unstake.

  1. Enter the amount you want to unstake and click Confirm. Complete the transaction in your wallet extension.

  1. After successfully unstaking, wait until the end of the unstaking period to receive your assets. You can view your unstaking assets at any time by visiting your staking dashboard.

Claim rewards

After staking assets, they will start accruing rewards. You can claim your rewards as they grow by following the steps below.

  1. Visit https://app.pryzm.zone/ and connect your wallet. Under the Earn tab, click Delegate.

  2. In your staking dashboard, click Claim Rewards.

  1. Click Claim Rewards and sign the transaction in your wallet extension.

After successfully completing your claim transaction, your rewards will appear in your account.

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