Staking 1inch tokens is a great way to participate in the 1inch Network Instant and DAO governance process.
***Please note: The staking process requires two separate transactions: Approval and Staking. The staking transaction may require up to 8x the gas costs of the approval, due to higher computational demand.
How to stake:
To stake your 1inch tokens, first tap on the little growing flower icon at the bottom of the screen.
Next, slide the race car to stake the tokens.
***If this is your first time staking, you will need to unlock/approve the tokens for use.
Select the amount of tokens you would like to unlock, then tap "Unlock". On the following page, tap "Approve"
Once approved, select the amount of 1inch tokens you would like to stake, then tap "Stake 1inch token". On the following screen, review the details and tap "Confirm Stake".
Now your transaction has been submitted, and can be viewed with the link provided.
Once the transaction confirms, you will see the newly staked balance on the main staking screen, along with your voting power, 1inch Network Treasury balance, and other information.
You have now successfully staked your 1inch tokens.