Autostaking

(5.3.1)What is Autostaking?

(5.3.1)

What is Autostaking?

Autostaking is a feature that considers your unclaimed rewards for increased pool participation. This stacks your rewards without requiring manual action.

(5.3.2)How It Works

(5.3.2)

How It Works

Your staking position earns rewards from protocol fees
When autostaking is enabled, unclaimed rewards are considered as your pool participation
Your staking position grows over time
The larger position earns proportionally more rewards

(5.3.3)Benefits of Autostaking

(5.3.3)

Benefits of Autostaking

Compound growth: Your rewards earn additional rewards
Hands-off approach: No need to manually claim and restake
Maximise earnings: Never miss compounding opportunities
Time savings: Automated process handles everything

(5.3.4)Enabling Autostaking

(5.3.4)

Enabling Autostaking

Navigate to your staking dashboard
Find the autostaking toggle in My Staking
Enable the feature
Confirm any required transactions

(5.3.5)Considerations

(5.3.5)

Considerations

Autostaking increases your overall staking position
You may want to disable it based on your tax considerations (Note: This is neither tax nor legal advice)
No gas fees is required for auto staking
You can toggle autostaking on/off at any time