Ontology Node Document
HOMENODE
  • Ontology Node Staking Introduction
  • Consensus Round
  • Ontology Staking Incentive Calculation
  • Consensus Round Summary
    • Round 255
    • Round 254
    • Round 253
    • Round 252
    • Round 251
    • Round 250
    • Round 249
    • Round 248
    • Round 247
    • Round 246
    • Round 245
    • Round 244
    • Round 243
    • Round 242
    • Round 241
    • Round 240
    • Round 239
    • Round 238
    • Round 237
    • Round 236
    • Round 235
    • Round 234
    • Round 233
    • Round 232
    • Round 231
    • Round 230
    • Round 229
    • Round 228
    • Round 227
    • Round 226
    • Round 225
    • Round 224
    • Round 223
    • Round 222
    • Round 221
    • Round 220
    • Round 219
    • Round 218
    • Round 217
    • Round 216
    • Round 215
    • Round 214
    • Round 213
    • Round 212
    • Round 211
    • Round 210
    • Round 209
    • Round 208
    • Round 207
    • Round 206
    • Round 205
    • Round 204
    • Round 203
    • Round 202
    • Round 201
    • Round 200
    • Round 199
    • Round 198
    • Round 197
    • Round 196
    • Round 195
    • Round 194
    • Round 193
    • Round 192
    • Round 191
    • Round 190
    • Round 189
    • Round 188
    • Round 187
    • Round 186
    • Round 185
    • Round 184
    • Round 183
    • Round 182
    • Round 181
    • Round 180
    • Round 179
    • Round 178
    • Round 177
    • Round 176
    • Round 175
    • Round 174
    • Round 173
    • Round 172
    • Round 171
    • Round 170
    • Round 169
    • Round 168
    • Round 167
    • Round 166
    • Round 165
    • Round 164
    • Round 163
    • Round 162
    • Round 161
    • Round 160
    • Round 159
    • Round 158
    • Round 157
    • Copy of Round 214
  • Node Checkmark
  • Glossary
  • GUIDES
    • Ontology Node Staking on ONTO Web
    • Ontology Node Staking on ONTO
    • Ontology Node Staking on OWallet
    • Sign Up to Run an Ontology Node
    • Liquid Staking - stONT
  • Q & A
    • Ontology Node Staking FAQ
  • EVENT
    • Ontology 4th Anniversary
      • Cyberspace 4 Philosophers
      • Cyberspace 4 Philosophers NFT Management
      • Guide
      • Node Details
      • NFT Staking Rules
      • Reward Rules
      • ONG Use Cases
      • Burn Rules
      • Stake ONT with Node Cyberspace 4 Philosophers
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On this page
  • Introduction to Liquid Staking
  • Overview of stONT
  • Procedure for Staking ONT
  • Procedure for Unstaking ONT

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  1. GUIDES

Liquid Staking - stONT

  • Introduction to Liquid Staking

  • Overview of stONT

  • Procedure for Staking ONT

  • Procedure for Unstaking ONT

Introduction to Liquid Staking

Let's kick off with Liquid staking represents an evolution in the field of staking. Unlike traditional staking mechanisms that require assets to be locked to earn rewards, liquid staking offers financial flexibility by allowing users to remain liquid. This enables token holders to continue transacting, trading, or participating in various DeFi protocols while concurrently earning staking rewards.

Overview of stONT

stONT serves as a gateway to liquid staking within the Ontology Network. What distinguishes stONT from conventional ONT tokens is its unique economic model. Specifically, stONT escalates in value without multiplying in quantity. As the node you have staked with accumulates ONG rewards, the value of stONT increases against the value of ONG.

Procedure for Staking ONT

Staking ONT tokens can be accomplished using ONTO Wallet's mobile and web-based applications. The process is straightforward and can be summarized in the following steps:

  • Connect Your Wallet: Open the staking application through ONTO Wallet on your mobile device or web browser and establish a connection with your digital wallet.

  • Specify the Desired Amount: Indicate the number of ONT tokens you wish to stake.

  • Stake: Initiate the staking process by clicking on the 'Stake' button.

  • Confirmation: Upon successful staking, a confirmation message will be displayed in the wallet initially connected for this process.

  • Receieve: stONT tokens.

Procedure for Unstaking ONT

If you wish to unstake your ONT tokens, adhere to the steps below:

  • Connect Your Wallet: Make sure your digital wallet is connected via ONTO Wallet's mobile or web application.

  • Specify the Desired Amount: Indicate the number of stONT tokens you would like to use for unstaking.

  • Unstake: Complete the process by clicking on the 'Unstake' button.

Last updated 1 year ago

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