Staking
The Staking dashboard allows users to lock their native RITUAL tokens in the official Staking Contract to earn yield and secure the network.
How to Stake
- Navigate to the Staking tab.
- The UI will display your current wallet balance and the amount of
RITUALyou already have staked. - Enter the amount of
RITUALyou wish to stake. - Click Stake RITUAL.
Because RITUAL is the native token of the chain, staking does not require a prior ERC-20 token approval. The tokens are sent directly to the contract along with the transaction data.
How to Unstake
To retrieve your locked tokens:
- In the Staking tab, switch the action toggle from Stake to Unstake.
- Enter the amount of staked
RITUALyou wish to withdraw. - Click Unstake RITUAL.
The tokens will be returned to your wallet balance immediately upon transaction confirmation.
Yield Generation
Note: As Cat Wallet is currently deployed on the Ritual Testnet, the displayed 8.5% APY is simulated for testing and demonstration purposes.