How to Stake GRT on Arbitrum Network

Рет қаралды 1,710

Күн бұрын

In this video, we will learn how to stake your Graph (GRT) tokens so that you can make some money online. Staking is one of the wonderful new ways of earning money online and very few people are taking advantage of this gift. Staking Graph Tokens is relatively easy but there is a caveat, it requires a bridging transaction. Bridging transaction is how your port tokens from one network to another. Since the process of bridging is very new to many people, I decided to do a video showing how to do go through the process from beginning to end. Enjoy!
Bridger: bridge.arbitrum.io/
Instagram: JamesAllan0
Patreon: / cityxcape

Пікірлер: 24

@bellobello9562 6 ай бұрын

Thank you so much ive hold The graph for so long and i didnt know how to stake the graph, thank you so much for the help ! I wish that you could show us how to stake IMX Immutable X would be so happy if you could do that. And thanks again for this amazing video

@flshash 4 ай бұрын

hey dude, thnx for amazing video, you explain so good! waiting for more, im in on the project

@cxc 4 ай бұрын

Thanks! The Graph is gonna blow! Did you see my video on my graph income being $600 a month

@elvisadams1503 3 ай бұрын

Thanks much!

@Focus_007 6 ай бұрын

Thank you

@dubdubdude 6 ай бұрын

I beg you a pardon. You want to stake 2500GRT to receive a 11,5%. So you paid: 1) Coinbase fee ≈6$ (3,67$ was only for 1500GRT) 2) Send to Ledger network fee ≈4$ 3) Bridge to Arbitrum Gas fee ≈18$ 4) Ledger transaction Gas fee ≈0.5$ 5) Delegation fee ≈2$ (12,5GRT) You will have to stake it for a whole year just to break even. Am I getting it right?

@cxc 6 ай бұрын

Completely agree with you. I already said in a later episode that I will focus on ICP from now on, ethereum fees are too much

@flshash 4 ай бұрын

Si quieres ahorrarte dinero by fees: 1. envia desde, binance GRT in arbitrum network hacia tu wallet. (debes seleccionar bien las redes para no cometer errores) 2. de la misma manera ETH in arbitrum network hacia la misma wallet ( debes seleccionar bien las redes para no cometer errores) 3. Done

@jman000011 3 ай бұрын

What other chains can you delegate to .. SOL? mATIC?

@HakunaMatata0007 2 ай бұрын

Thank you so much for making this. How do you un-delegate or unstake the tokens ?

@cxc 2 ай бұрын

I did a video called "My Pain Exit from GRT to ICP", that video shows how to undelegate/unstake.

@HakunaMatata0007 2 ай бұрын

@@cxc thank you

@HakunaMatata0007 2 ай бұрын

One question though ! Do you by any chance know what happens if Arbitrum network goes under or closes ! Wouldn't the coins be stuck in that chain since they are not in a users custody and wont be able to be retrieved?

@cxc 2 ай бұрын

@@HakunaMatata0007 What would happen in a situation like that is both the Graph and Arbitrum would announce the coming close and give you a countdown to withdraw your money. The network closure will never be sudden, as long as you periodically check your staking dashboard you would see such critical annoucement somewhere. Just like i got a notification when graph decided to migrate from mainnet to arbitrium

@HakunaMatata0007 2 ай бұрын

@@cxc thank you for replying to this. It makes a lot of sense.