How do I stake AWC?

Warning: original BEP-2 AWC staking no longer generates rewards. Unstake your BEP-2 AWC and swap it for BEP-20 AWC to stake it and generate rewards. Use this AWC swap tool to get new BEP-20 AWC tokens instead of the old BEP-2 AWC. 

Stake your AWC with Atomic Wallet to receive interest on your deposit! Here, we'll guide you through everything you need to know to stake your AWC and earn rewards. 

Contents

AWC 101: Things you need to know before staking your tokens

Atomic Wallet Token (AWC)

First reward Immediately
Regular rewards Every second
Yearly yield 20%
  • You can only stake the  BEP-20 AWC, which is a BSC token. There are also ERC-20 AWC and BEP-2 AWC, which are not available for staking. We know this may be confusing at first, so you're welcome to read our guide to learn more. AWC: Common Questions
    If you wish to have ERC-20 AWC staking in Atomic Wallet, feel free to let us know about it via our support form. If there’s enough demand we might implement this feature in the future!
  • To stake your AWC, you'll need to pay a network fee in BSC. AWC is a token based on the Binance Smart Chain, which is why you'll need to pay a network fee in BSC to stake your tokens. (Does Atomic Wallet charge any additional transaction fees?)
  • Minimum amount for staking is 50 AWC. You will not be able to stake your AWC if you have less than 50 AWC. 
  • Rewards need to be claimed manually. AWC staking rewards are not claimed automatically, you need to claim them manually from time to time. New rewards are generated every second and you can claim them any time you want. Alternatively, you can choose to compound your rewards. 
  • Your AWC deposit will be frozen throughout the staking period. Your AWC will be delegated to a smart contract, which means that these coins won’t be counted toward your total balance. Also, you won’t be able to transfer or swap them. 
  • Unstaking takes 10 full days. Once you click or tap the Unstake button, your deposit will be frozen for 10 more days. After the unstaking period is over, your coins will be deposited to your address. Your AWC won’t be earning any interest over the waiting period.

How to stake AWC in your Atomic Wallet app

  1. Go to Staking AWC;

  2. Click Stake;

  3. Decide on the amount to stake. Note that you'll need to have some BNB on your balance to pay the network fee;

  4. Voila, your AWC deposit is now staked! Relax and wait for your first rewards to arrive;

  1. Select the Staking tab in the bottom panel and tap AWC;

  2. Tap Stake;

  3. Set the amount of AWC you want to stake and tap Stake;

  4. Enter your password and tap Confirm;

  5. Voila, your AWC deposit is now staked! Relax and wait for your first rewards to arrive;

Rewards

Rewards need to be claimed manually. You can claim them as often as you like. Keep in mind, however, that the claiming transaction requires a fee to be paid in BSC. 

How to unstake your AWC

Note: You'll need to pay a network fee in BSC to unstake your AWC.

To unstake your AWC, go to Staking AWC and click (or tap) Unstake. Once you do that, your AWC will show up under 'Pending withdrawals' It will take 10 days for your AWC to unstake completely. After 10 days, you'll see your AWC under 'Available withdrawals'. Simply click or tap 'Withdraw' to make your AWC available again. 

How to compound your rewards

Compound interest is a term most often used in relation to bank deposits. It is the process of adding interest to the initial sum of the deposit. In cryptocurrency terms that would mean the process of adding staking rewards to your initial staked amount. In other words, instead of claiming your rewards, you can choose to add them to your staked AWC. Simply click or tap the 'Compound' button in your AWC staking interface, enter your password and hit 'Confirm'. Now your rewards have been added to your staked amount, allowing you to earn even more in the future. 

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