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Start staking

Start earning by staking TAO in subnets!

Step 1: On the SubWallet homepage, select the "Earning" tab on the sidebar.

Step 2: In the Earning options screen, choose the token you want to stake by searching the list or typing the token name in the search bar.

In this example, we want to stake TAO tokens on Bittensor Testnet. Once you've found the token, click on the token's box.

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If you have previously staked funds on the account, after choosing the "Earning" tab, you will be directed to the Your earning positions screen. From there, click the "+" icon at the upper right corner to get to the Earning options screen.

Step 3: In the TAO earning options screen, choose the subnet you want to stake by searching the list or typing the subnet name in the search bar.

A pop-up will appear. Read carefully, scroll down, then choose "Stake to earn" to proceed.

You will be directed to the following Start earning screen.

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Step 4: Enter the required earning information. That includes:

  • Staking amount

  • Validator

  • Slippage (if the minimum slippage tolerance is higher than the default one)

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If you are in the "All accounts" mode, in addition to the above information, you will also need to select the staking account.

chevron-rightTips on selecting a validator for a subnethashtag

We suggest you pay close attention to the validator you are choosing. When selecting a validator, SubWallet supports you with the latest record of validator details.

Click the three-dot icon on each validator's right side to see the details.

You can use the Sort function to find the most suitable validator that fits your needs. Please click the icon at the top right corner and choose your sorting criteria.

chevron-rightSet slippage tolerance for the transactionhashtag

When staking on any subnet (alpha), there is an inherent loss of value during the transaction called slippage. SubWallet will calculate this number once you enter the stake amount and validator.

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The default slippage tolerance SubWallet sets for any staking action is 0.5%.

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A completed earning request will look like the following picture. Click "Stake" to proceed.

Step 5: A popup screen will appear on the right side. Check the information and confirm your staking request by clicking "Approve".

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A staking fee of 0.00005 TAO will be deducted from your stake once the transaction is complete.

For example, if you enter 1 TAO in the Amount field, after the transaction is complete, your staked amount will be 1 - 0.00005, which equals 0.99995 TAO.

Step 6: Your staking request has been submitted!

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You can either click "Back to home" to return to the homepage or "View transaction" to see transaction details in the History tab.

To check the status of your staked funds, after selecting "Back to home", click the Earning tab as per Step 1. In the Your earning positions screen, scroll down, then click on your newly staked funds.

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