Step-by-Step Guidance for Swapping $BNB and $MATIC for Staking in AILayer
This guidance is specifically focused on the swapping feature for users with $BNB or $MATIC, with the swapped assets being able to be utilized for staking in the AILayer Dataset Staking event.
AILayer Dataset Staking Event Link:
Staking Rules:
Guidance:
1. Follow steps 1-6 of our $USDT and $USDC Staking Guidance
2. Select the Stake tab, followed by clicking the network dropdown to see the list of network chains.
3. Select the EVM network: BNB Chain or Polygon Chain.
Select BNB Chain for swapping your $BNB tokens, and select Polygon for swapping your $MATIC tokens.
We will be swapping $BNB to $USDT for this specific tutorial, therefore, we selected BNB Chain.
4. Click the Select button in the Total Amount section.
5. Select the asset you want to use for staking.
The option of $BNB or $MATIC will appear based on the network you choose. $BNB will appear when BNB Chain is selected, and $MATIC will appear when Polygon is selected.
6. Click the Select button in the Received Token section.
7. Select the asset you expect to receive in the AILayer Mainnet: $USDT or $USDC.
8. Enter the amount of tokens you want to swap and bridge.
The amount of received token will be calculated automatically based the formula of Total amount of swapped tokens - Slippage fee.
9. Create / join a team if you don't have one yet. The wallet in this tutorial is already part of a team. Check the Staking Rules article to learn more (Link provided above).
10. Click on Confirm.
11. A message box will appear to confirm the approval of the spending cap. Click Approve, and a pop-up from your wallet will appear.
12. Approve the spending cap on the pop-up window of your wallet.
13. A message box will appear to confirm the transaction requested. Click Submit, and a pop-up from your wallet will appear.
14. Confirm the transaction from the pop-up window of your wallet.
15. This message box will appear indicating that you have successfully staked your selected EVM asset! Congratulations!
16. You can now head to the Stake Campaign page to view the progress of your staked assets and your team's staked assets.
About AILayer
AILayer is the first decentralized Bitcoin Layer2 network project supporting large-scale AI applications, audited by ScaleBit. Recently, AILayer received strategic investments from notable institutions like Waterdrip Capital and SatoshiLab, reinforcing its position in the BTC ecosystem. AILayer aims to continuously build the infrastructure for decentralized AI and support the development of decentralized AI applications.