Differences

This shows you the differences between two versions of the page.

--- crypto:what_is_waxp [2025/12/27 01:22] – deathrequiem
+++ crypto:what_is_waxp [2025/12/27 06:40] (current) – deathrequiem
@@ Line 37: / Line 37: @@
 {{ :crypto:stake-wax.png?nolink&1200 |}}
   * Click the "STAKE WAXP" button. Enter the amount of WAXP you want to stake.
-{{ :crypto:stake-wax2.png?nolink&800 |}}
+      * **Tip**: Most users stake the majority of their WAXP to CPU and a small amount to NET (a 10:1 ratio is common).
+{{ :crypto:stake-wax2.png?nolink&400 |}}
+  * **Claiming**: Once staked, you will see your rewards accumulate. You must manually click "Claim Earnings" to move them into your wallet.
+    * **The "Max Rewards" Method: Voting**
+Simply staking your tokens isn't enough to get the full reward; you are also expected to vote for Guilds (the entities that run the network).
+  * **Vote for Guilds**: In the "Staking Rewards" or "Vote" section of your wallet, select at least 16 Guilds to vote for.
+  * **Vote Weekly**: Your "Vote Strength" (and thus your rewards) decays over time. To keep earning the maximum amount, you should refresh your vote once a week.
+  * **Use a Proxy**: If you don't want to pick guilds yourself, you can choose a Proxy. This is a trusted user or entity that votes for you. This is a "set it and forget it" way to keep your vote strength at 100%.
+    * **Liquid Staking (WAXFusion)**
+If you don't want your tokens locked up for the standard 72-hour unstaking period, you can use WAXFusion.
+  * You swap your WAXP for **lsWAXP** (Liquid Staked WAXP).
+  * Your tokens earn rewards automatically, and the value of lsWAXP grows relative to WAXP.
+  * The benefit is that you can sell or trade lsWAXP on a DEX (like Alcor) instantly without waiting 3 days to unstake.
+    * **Important Details to Remember**
+  * **Unstaking Period**: If you stake natively, there is a 72-hour waiting period after you click "Unstake" before your tokens are liquid again.
+  * **Resource Usage**: Staking isn't "spending." You still own the tokens; they are just "working" to power your account's transactions while they are locked.
+  * **Auto-Compounding**: Most native staking rewards are **not** automatically restaked. You usually need to claim and then stake the new tokens to compound your earnings.