Steps for Staking XSYN

Basic Steps for Staking on Polygon Ethereum

1. Transfer XSYN to a compatible wallet: MetaMask, Trezor, Ledger, Coinbase Wallet, Trust Wallet, Rainbow Wallet, or other Wallet Connect-supported wallets.

2. Visit dao.xsynth.,io

3. Bridge your XSYN from Layer 1 (Ethereum Mainnet) to Layer 2 (Polygon Ethereum).

4. You'll need to bridge over Ethereum, for gas fees, through the Polygon Gateway to process transactions on Polygon, just like you would on Layer 1.

5. Before proceeding, ensure that you're connected to the Optimism network by heading over to https://chainlist.org/. Once on Chainlist, add Polygon to your wallet.

6. After migrating your xSynth and bridging over ETH to pay Polygon Ethereum transaction fees, you can stake your tokens. To do this, navigate to the staking menu. Once there, use the 'Stake and Borrow More' function and confirm your transaction.

Staking XSYN in Detail

1. Transfer XSYN to a compatible wallet: MetaMask, Frame, Trezor, Ledger, Coinbase Wallet, Rainbow Wallet, or other Wallet Connect-supported wallets.

2. Bridge your XSYN from Ethereum Mainnet to the Polygon network.

3. Visit dao.xsynth.io and connect your wallet. Don't forget to connect your wallet to Polygon.

4. Stake your XSYN using the "Stake & Borrow More" button on the xSynth Staking App. All of your XSYN is now staked and earning rewards. Your account has also been issued sUSD debt that will fluctuate in value.