How to Stake your xGSWP ?
xGSWP is the escrowed version of GSWP, designed for enhanced utility within the Swamps ecosystem. It offers flexibility with two key conversion options:
What’s the benefit of holding xGSWP ?
xGSWP can be allocated to Extra Rewards, also known as Staking for xGSWP tokens. Stakers earn xGSWP and GSWP/BTC LP tokens.
You can also allocate xGSWP to your staked positions (spNFT) to boost their rewards using YieldBooster.
Note: To convert xGSWP to GSWP, the minimum vesting period is 15 days with a redeem ratio of 0.5: and the maximum vesting period is 2 months, with a redeem ratio of 1:1.
Start to earn with GSWP and xGSWP:
You need to convert your GSWP to xGSWP using the following guide:
2. Go on app.swamps.fi
3. Click on “xGSWP” tab and then “Extra Reward” tab
4. Scroll down and click on “Allocate”
5. Select the amount of xGSWP you would like to allocate
6. Click on “Approve”
7. Confirm the transaction
8. Click on “Allocate”
9. Congrats! You’re now staking xGSWP!
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