KLAYswap
English
English
  • Introduction
  • Protocol Overview
  • Core Concept
  • KLAYswap Advantages
  • Risk & Security
  • Privacy Policy
  • Audit
  • TOKENOMICS
    • KSP
      • KSP TOKENOMICS
      • Automation of KSP distribution rate
        • Voting policy on passing governance
        • KSP distribution ratio reflection policy
      • KSP Allocation
  • PRODUCT
    • SWAP
    • Single-side Deposit
      • Detailed policy of Single Deposit
    • Pair Deposit
    • V3 Pair Deposit
      • V2 to V3 Migration
        • V2 to V3 Migration Guide
        • V2 to V3 Migration Policy
      • V3 Pair Deposit
        • V3 Deposit Guide
        • V3 pair Deposit Policy
      • V3 to V3 Migration
        • V3 to V3 Migration Guide
        • V3 to V3 Migration Policy
      • V3 Pair Withdraw
        • V3 Withdraw Guide
        • V3 Withdraw Policy
    • Plus Deposit
      • Detailed policy of Plus Deposit
    • Long/Short Position Deposit
      • Open and Close Long/Short Positions
        • Open Short Positions
        • Open Long Positions
        • Remove Long Position
        • Remove Short Position
      • Position Deposit Details Policy
    • KSP Staking & Voting
      • Staking, Pool Voting Policy
    • Governance
      • Governance Voting Policy
    • Drops
    • Ecopot
    • Pool Airdrop
    • APR & APY
      • TVL
      • Pool
      • Staking
    • Interest rate
  • DEVELOPERS
    • Contract
      • Factory
      • Exchange
      • PoolVoting
      • VotingKSP
      • Treasury
      • Distribution
      • Governor
      • SinglePool
      • SinglePool Factory
      • PlusPool
      • PlusPool Factory
      • Store
      • Utils
      • Single/Plus Utils
      • Helper
      • EcoPotVoting
      • EcoPot
      • V3
        • V3Factory
        • V3Pool
        • NonfungiblePositionManager
        • NonfungibleTokenPositionDescriptor
        • V3SwapRouter
        • V3Migrator
        • V3Estimator
        • PositionMigrator
        • V3Treasury
        • V3AirdropOperator
        • UniversalRouter
    • Airdrop
      • Set Airdrop Operator
      • Start Airdrop
    • EcoPot
      • Set EcoPot
      • Start EcoPot
  • HOW-TO GUIDES
    • KLAYswap Guide
    • How to add liquidity on KLAYswap
    • [Burrito Wallet] How to deposit assets using mobile devices?
    • How to create a liquidity pool on KLAYswap
    • How to stake and vote on KLAYswap
    • How to deposit assets
      • Deposit Klaytn-based assets
      • Deposit Ethereum-based assets
      • Deposit XRP
    • FAQ
  • KLAYswap
  • Orbit Bridge
  • KLAYswap git
  • Orbit Bridge git
  • KLAYswap audit report
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  1. HOW-TO GUIDES

How to stake and vote on KLAYswap

PreviousHow to create a liquidity pool on KLAYswapNextHow to deposit assets

Last updated 4 years ago

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Generally in the KLAYswap economy, each vKSP holder (governance participant) will support the liquidity pool that is most directly advantageous to him/her, as more KSP will be distributed the more support is behind any particular pool.

vKSP refers to the voting power of overall KLAYswap governance and participants must stake and acquire their own KSP to acquire vKSP.

*However, even if you stake the same quantity of KSP, the amount of vKSP acquired will vary depending on the length of the staking period.

Click the ‘Stake & Boost’ tab at the top of the page, and then you will be taken into the Staking and Voting page.

At the page, click the ‘Staking’ button, and the staking pop-up page will be shown so that you can type amounts you wish to stake, and select the period (4 Months/8 Months/12Months). After completing, click ‘Next Step’ to confirm your transaction.

*If it’s the first time staking KSP, your wallet needs to be approved to allow the contract to access the token.

Once your transaction is confirmed, your screen should show that you have vKSP.

Now, you can vote for a specific pool or several pools with your vKSP.

*The KSP distribution rate by liquidity pool (set to initial value) can be changed through voting by vKSP holders.

-Example Page-