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How to Stake Native ZetaChain Token and Earn Rewards Using Trust Wallet
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Learn how to earn rewards for staking ZETA using Trust Wallet. This step-by-step guide will show you how to stake, unstake, and claim rewards.
ZetaChain's Universal EVM enables seamless, chain-agnostic interoperability as a Layer 1 blockchain. With our recent $ZETA airdrop, many of our Trust Wallet users now hold $ZETA tokens. To further engage these users, we are offering an opportunity to stake $ZETA, contributing to network security while earning a share of 150,000 ZETA in rewards.
Start Date: October 2nd 1pm UTC, 2024
Duration: 21 Days
This guide will walk you through the process of staking $ZETA tokens using Trust Wallet. From downloading Trust Wallet to managing your staked tokens, this step-by-step guide has everything you need to start staking $ZETA securely.
Before You Get Started
Remember that you can use Trust Wallet as your secure crypto wallet. Buy, sell, swap and stake crypto all in one place.
Trust Wallet also lets you manage and interact with 10M+ crypto assets across 100+ blockchains. Download the latest version of Trust Wallet today.
What is Native ZetaChain (ZETA) Staking?
Staking allows you to delegate your tokens to validators who play a crucial role in securing the ZetaChain network by processing transactions and upholding the blockchain's integrity. When you stake your ZETA tokens, you not only support the network's security and decentralization but also earn rewards in return.
Benefits of staking ZETA
When you stake ZETA tokens, you can enjoy several benefits:
Earn Steady Returns: Staking allows you to earn significant rewards on an hourly basis without the need for frequent trading or moving assets.
Lower Risk: Compared to trading, staking is less risky as you’re holding your ZETA tokens to support the network rather than engaging in potentially volatile trades.
Passive Income: Staking offers a passive way to grow your cryptocurrency holdings, providing a steady approach to increasing your assets.
Maximize Airdrop Rewards: If you received ZETA tokens from the recent airdrop, staking offers a great opportunity to earn additional rewards from the tokens you already hold.
Why Choose Trust Wallet for Staking ZETA
Trust Wallet is an excellent choice for staking ZETA because of its robust features and user-friendly interface, which make the staking process straightforward and secure. As a non-custodial wallet, Trust Wallet ensures that you retain full control over your private keys and assets, enhancing the security of your staked tokens.
As a non-custodial wallet, Trust Wallet ensures that you retain full control over your private keys and ZETA tokens, keeping your assets secure. Staking features are integrated directly within Trust Wallet, allowing you to easily stake, manage, and monitor your ZETA, with real-time information on rewards and APR provided in the ‘Earn’ section. Additionally, Trust Wallet supports a diverse range of cryptocurrencies, enabling you to manage and diversify your crypto holdings from a single platform.
Key Details for Staking ZETA Using Trust Wallet
Ensure a smooth and rewarding experience when staking ZetaChain Token ($ZETA) with Trust Wallet by keeping the following points in mind:
Rewards Pool: A total of 150,000 ZETA Tokens are available as rewards for stakers.
Lockup Period: Staked tokens will be locked for 21 days, during which time they cannot be withdrawn or transferred. Please plan accordingly.
Reward Rate (APR): Each address can earn up to a maximum of 150% APR, providing substantial returns on your staked ZETA.
Start Date: The campaign begins on September 18th.
Duration: The staking period lasts for 21 days.
Rewards Distribution Date: Rewards will be distributed during the week of October 14th.
How to Stake Zeta Using Trust Wallet
Before you stake, be sure that you have the most up-to-date version of Trust Wallet.
Next, if you don’t have any ZETA in your wallet, you can deposit crypto using the “Receive” button.
Now you’re ready to stake and earn rewards. Staking can be done in just a few steps, and here’s how.
Note: Below, we’ll use staking ZETA as the example, but the process is generally the same for each asset.
Select the “Earn” button from the wallet home screen.
Select the asset you want to stake, in this example it’s “Native ZetaChain(ZETA)”
Select “Stake.”
Choose the amount you want to stake, and choose the validator you want to use by selecting the Validator dropdown.
Once you choose a validator, select “Continue.”
Follow the remaining instructions to confirm your stake.
How to Unstake ZETA in Trust Wallet
If you would like to unstake your ZETA, simply follow the steps below:
Navigate to ‘Earn’ on the main wallet page and select Native ZetaChain(ZETA).
Choose the Unstake option and proceed as per the given instructions.
Note: You will not be able to withdraw your tokens while they are staked. If you want to withdraw your ZETA, staked ZETA takes 21 days to unstake. This is not something Trust Wallet controls.
In addition to staking crypto, Trust Wallet lets you manage and interact with 10M+ crypto assets across 100+ blockchains. Download the latest version of Trust Wallet today.
Closing Thoughts
This guide will help you navigate the steps to stake, unstake, and claim ZETA rewards smoothly and efficiently. Trust Wallet provides the flexibility and support needed to maximize your ZETA staking journey. Whether your goal is to enhance the security of the ZetaChain network or to earn extra rewards, Trust Wallet offers the tools and resources to ensure a successful and rewarding staking experience.
Disclaimer: Content is for informational purposes and not investment advice. Web3 and crypto come with risk. Please do your own research with respect to interacting with any Web3 applications or crypto assets. View our terms of service.
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Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.