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Stake and Earn! Up to 33% APY

How to earn Proxy Rewards and REX Rewards by staking to REX and delegating your votes to the EOS Support Proxy

Markus Hinrichs avatar
Written by Markus Hinrichs
Updated over a week ago

In this short step-by-step guide, I will show you how to safely stake and store your EOS and use it effectively by delegating voting rights to the trusted EOS Support Proxy. Please check the banner above for those of you who already know how proxying works and are just looking for the name of EOS Support's proxy.


Prerequisites:

Step 1

Step 2

Enter the amount you want to stake and click Stake:

You don't want to sign up for the EOS Support platform?

Find here the alternative method how to stake and proxy to EOS Support:

Step 3

Select your wallet.

(Choose wallets that implemented the Scatter protocol by selecting Scatter.)

Step 4

Sign the transaction request.

Congratulations!

You are now officially proxying your votes to the EOS Support Proxy eossprt.spt earning 4.5% APY Proxy Reward + additional reward from REX (approx. 27% APY, measured on September 5th).

EOS Staking Rewards (REX) will compound under "Total REX." Proxy Rewards will compound under "CPU Staked" and can be moved regularly into REX to maximize the compounding effect with REX.

When moving the CPU daily to REX, the measured double compounding effect results in an approximate APY of 33% (measured on September 5th).

If you encounter any issues during the process, please don't hesitate to contact EOS Support directly. You can contact the Live Support Chat by clicking the blue icon in this page's lower right corner.

EOS Support extends its gratitude for your votes and cordially invites you to visit the EOS Support Website for News about EOS, Learning Center, EOS Support Wiki, Live Chat Support, and much more.

You can stay on top of things by following EOS Support on Twitter in your language.


Author: Dario Cesaro, Markus Hinrichs

Editor: Randall Roland

Sources & References

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