Staking

Can I send EUM to the Elitium Dashboard to start staking?

3 years ago

Yes, you can deposit funds from an exchange or external private wallet to the Elitium Dashboard to start staking — in fact, it’s what we recommend you do if you already own a balance of EUM.

Just follow the steps below:

  1. Head to your dashboard
  2. Click ‘Staking
  3. Click ‘Deposit and Start Staking
  4. Select ‘Deposit EUM from wallet
  5. Send your EUM to the staking wallet address

Once the transaction is validated by the blockchain, you will see the funds in your staking balance and staking will start automatically — to track progress, log in to your dashboard, click ‘Staking‘ and scroll down to ‘Transactions‘ at the bottom of the screen where you will see the staked balance and accrued rewards.