{"id":285,"date":"2022-09-17T16:56:10","date_gmt":"2022-09-17T08:56:10","guid":{"rendered":"https:\/\/www.maplabs.io\/blog\/?p=285"},"modified":"2022-09-17T17:04:47","modified_gmt":"2022-09-17T09:04:47","slug":"map-token-staking","status":"publish","type":"post","link":"https:\/\/www.mapprotocol.io\/blog\/map-token-staking\/","title":{"rendered":"$MAP Token Staking Tutorial"},"content":{"rendered":"\n

This guide will teach you how to stake your $MAP token into a MAP Validator Pool.<\/p>\n\n\n\n

\ud83e\udd11 From Sept 13 to 21, top 3 users, that staked the most amount of $MAP into the Validator Pool with the most $MAP staked (the winning Validator), will split an extra reward of $1000 worth of $MAP. An additional $2000 worth of $MAP will also be split between 30 lucky winners, randomly picked from those that staked in the winning Validator\u2019s Pool.<\/p>\n\n\n\n

\ud83d\udccc Please note that staking your $MAP token into a MAP Validator Pool means you will delegate for $MAP to that specific MAP Validator<\/strong> for the purpose of securing the MAP Mainnet, Relay Chain.<\/p>\n\n\n\n

Step 1 \u2014 Going to the Staking Page<\/strong><\/h2>\n\n\n\n

Let\u2019s head on over to the website: https:\/\/staking.maplabs.io<\/a><\/p>\n\n\n\n

Step 2 \u2014 Connecting your wallet<\/strong><\/h2>\n\n\n\n

It will ask you to connect your wallet and collect to your wallet with $MAP tokens.<\/p>\n\n\n\n

\"Map<\/figure>\n\n\n\n
\"Selecting
Choose the wallet to connect<\/figcaption><\/figure>\n\n\n\n

For this tutorial, we will be using MetaMask<\/strong> as an example. You will need some $MAP token (on MAP Mainnet) in order to create an account and participate in the staking.<\/p>\n\n\n\n

\ud83d\udccdIf your wallet is not already on the MAP Mainnet Network, there might be a pop-up window asking you to switch over to MAP Mainnet<\/strong> (\u201cMAP-poc3\u201d).<\/p>\n\n\n\n

\ud83d\udccdIf you need to purchase $MAP tokens, please visit the following link on how to obtain some $MAP tokens – https:\/\/mapprotocolofficial.medium.com\/how-to-get-map-tokens-via-metamask-5ad02ba98b13<\/a><\/p>\n\n\n\n

\"Connecting<\/figure>\n\n\n\n

Step 3 \u2014 Creating a MAP Account<\/strong><\/h2>\n\n\n\n

After connecting your wallet you will be asked to create a name for your staking account.<\/p>\n\n\n\n

\"Creating<\/figure>\n\n\n\n
\"Connecting<\/figure>\n\n\n\n

Step 4 \u2014 Locking your $MAP tokens for staking<\/strong><\/h2>\n\n\n\n

Next, we will have to lock your $MAP tokens. The amount of $MAP locked will be the amount of $MAP you would be able to use for staking. \u201cUnlock\u201d shows the amount of $MAP tokens remaining in your wallet which are not locked.<\/p>\n\n\n\n

Hit the Lock<\/strong> button and put in the amount you want to use for staking.<\/p>\n\n\n\n

\"Map<\/figure>\n\n\n\n

Hit continue<\/strong> and confirm the transaction.<\/p>\n\n\n\n

\"Review<\/figure>\n\n\n\n

Now that your $MAP tokens are locked you can use them to vote (stake).<\/p>\n\n\n\n

Step 5 \u2014 Choosing the Validator Pool & Staking your $MAP tokens<\/strong><\/h2>\n\n\n\n

Click on the \u201cvote<\/strong>\u201d button in the top right of the website and choose the Validator Pool which you wish to stake\/vote.<\/p>\n\n\n\n

Click \u2018vote for<\/strong>\u2019 to stake your $MAP into that pool. *Please note that staking your $MAP token into a MAP Validator Pool means you will delegate for $MAP to that specific MAP Validator for the purpose of securing the MAP Mainnet, Relay Chain.<\/p>\n\n\n\n

\"Vote<\/figure>\n\n\n\n

Put in the amount<\/strong> you want to stake and hit continue.<\/p>\n\n\n\n

\"Selecting<\/figure>\n\n\n\n

Click on the vote<\/strong> button and confirm the transaction in your wallet.<\/p>\n\n\n\n

\"Reviewing<\/figure>\n\n\n\n

\ud83c\udf89Congratulations, you have now successfully staked your $MAP tokens into a Validator Pool!<\/p>\n\n\n\n

You can choose multiple different Validator Pools<\/strong> if you wish for your $MAP token staking. The respective APY represents the approximate amount you will get for the staking into that specific Validator Pool which will change according to the number of total participants in that particular pool.<\/p>\n\n\n\n

Just remember that to withdraw $MAP tokens<\/strong> back to your wallet you have to unlock <\/strong>them first and wait approximately 15 days <\/strong>subsequently for the withdrawal.<\/p><\/blockquote>\n\n\n\n

Authors: Hank the Crank<\/a> &<\/em> Maffaz<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This guide will teach you how to stake your $MAP token into a MAP Validator Pool. \ud83e\udd11 From Sept 13 to 21, top 3 users, that staked the most amount…<\/p>\n","protected":false},"author":2,"featured_media":298,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[57],"yoast_head":"\nHow to Stake Map Token | MAP staking Guide<\/title>\n<meta name=\"description\" content=\"In this guide, we will show you how to stake your MAP token into a MAP Validator Pool using MetaMask wallet as an example.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mapprotocol.io\/blog\/map-token-staking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Stake Map Token | MAP staking Guide\" \/>\n<meta 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