Introduction
THORWallet allows users to stake its native token TGT to earn rewards and obtain benefits such as increased “staking power.” Follow this guide to stake via web or mobile, troubleshoot common issues, and review FAQs.
Prerequisites Before Staking
- Hold some TGT tokens in THORWallet (web or mobile).
- Have sufficient native chain gas token for transaction fees.
- Ensure your wallet and app are up to date and connected.
- Be ready to approve the staking contract if staking for the first time.
How to Stake via Web
- Go to app.thorwallet.org.
- Connect your wallet holding TGT.
- Navigate to “Staking” in the menu.
- Select “Stake”, enter the amount, and click “Preview.”
- Authorize contract spending (if first time).
- Confirm the transaction in your wallet.
How to Stake via Mobile App
- Open the THORWallet app.
- Locate TGT in your assets list.
- Tap “Stake”, enter the amount, and confirm.
- Approve any required transactions (approve + stake).
After Staking & Benefits
- Your staking rewards begin accruing immediately.
- Staking Power grows over time, enhancing perks.
- Unstaking may reset staking power—check rules first.
How to Withdraw / Unstake
Use the “Withdraw” or “Unstake” option in the staking section. Be aware of potential waiting periods or effects on staking power.
Troubleshooting Common Issues
Insufficient Fees / Gas
Make sure you have enough native token to cover both approval and staking transaction fees.
Approval Transaction Fails
Reconnect your wallet, clear browser cache, or retry in a different browser.
Staked Amount Not Showing
Wait for block confirmations, then refresh the staking page or reconnect your wallet.
Unable to Withdraw / Locked Stake
Some staking tiers may enforce minimum lock periods—check official terms.
FAQs
Q1: What is the current TGT staking APR?
APR changes over time. Check the staking page in THORWallet for the latest rate.
Q2: Do I need to approve the contract first?
Yes, on your first stake you must authorize TGT spending by the staking contract.
Q3: What is Staking Power?
Staking Power is a multiplier effect or benefit that grows over time and can influence perks or discounts.
Q4: Can I unstake anytime?
Usually yes, but unstaking may reset your staking power or incur penalties depending on terms.
Q5: How often are rewards distributed?
Rewards accumulate continuously, and you can see them via the staking interface.
Q6: What if I don’t see my stake or rewards?
Try reconnecting your wallet, refreshing, or checking transaction history on a block explorer. Contact support if issues persist.