How to Join a Liquid Staking Pool Using PolkadotJS
Joining a liquid staking pool on the Tangle Network using PolkadotJS is a simple process. Follow these steps:
Step 1: Access the PolkadotJS Interface
- Open PolkadotJS Apps (opens in a new tab).
- Connect to the Tangle Network by selecting the appropriate network from the dropdown list.
Alternatively, you can access it via direct link:
- The Tangle Testnet is available at: https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Ftestnet-rpc.tangle.tools#/explorer (opens in a new tab)
- The Tangle Mainnet is available at: https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc.tangle.tools#/explorer (opens in a new tab)
Step 2: Navigate to LST Tab
- Click on the Extrinsics tab from the top menu.
- Scroll down to the Lst section where you will see the
join
option.
Step 3: Choose a Pool
- Review the list of available staking pools, including details such as performance, commission rates, and validator selections.
- Select a pool that suits your preferences based on performance, operator reputation, and commission fees.
You can view all pools by clicking on the ChainState tab and navigating to the Lst section and selecting bondedPools.
Step 4: Join the Pool
- Enter the amount of tokens you wish to stake in the pool and the pool ID.
- Confirm the transaction by signing it with your wallet, and your tokens will be bonded to the pool.
Step 5: Confirmation
- If successful, you should see the following screen:
- You can navigate to the Network tab to view the events.
- Finally, you should have the
LST
tokens in your account.