Did you know you can stake your $CHOKE for a share of protocol revenue?

Learn how in this short guide!

For a general introduction to staking you can read:

How to stake $CHOKE?

What you need:

• $CHOKE tokens in your wallet

• ETH on Arbitrum to pay for gas

What is gas? Read: https://www.web3labs.com/blockchain-explained-what-are-gas-fees for an intro to gas fees.

That's it, you're all set to start staking!

Step 1 - Connect your Wallet

Open the Artichoke staking page: app.articho.ke/staking

1. Click "Connect Wallet"

2. Approve the connection in your wallet app/browser extension

3. Confirm that you are connected to Arbitrum Mainnet

Step 2 - Input amount of $CHOKE you want to stake and approve

1. Enter the amount of $CHOKE tokens you want to stake

2. Click the "Approve" button

3. Approve the spending of $CHOKE in your wallet app/browser extension

   This allows Artichoke to send your specified amount of $CHOKE to the staking pool, but does not send any yet - this is done in the next step and requires your approval again.

Step 3 - Deposit your chosen amount of $CHOKE into the staking pool

1. Double-check that the amount you put in is correct

2. Click the "Deposit" button

3. Approve the transaction in your wallet app/browser extension

Congratulations, you have successfully staked your $CHOKE and are now earning a share of protocol revenue!

You can see your staked amount on the staking page:

Check out this explainer on how Artichoke generates revenue!

Step 4 - Withdraw your stake $CHOKE back to your wallet

When you don’t want to stake any longer, you can withdraw your tokens at any time - in order to do this:

1. Select “Withdraw” option on the staking page

2. Enter amount of tokens you want to withdraw

3. Click the “Withdraw” button

4. Approve the transaction in your wallet app/browser extension

Your tokens are now back in your wallet!

This is all there is to staking $CHOKE on Artichoke!

Some general points/FAQ:

• There is no minimum amount required to stake $CHOKE

• The staked tokens can be withdrawn at any time - you do not need to wait a certain time before you withdraw like with other staking options (locked staking)

• You need to pay gas for every deposit, withdrawal or claiming of rewards - this fee is paid to the Arbitrum network validators and is not imposed by the protocol

• Artichoke has no influence on the gas costs as they depend on network traffic

• There is no fee associated with staking or unstaking $CHOKE