In the ever-evolving world of cryptocurrency, staking emerges as a robust strategy for enthusiasts seeking to enhance their digital asset portfolios. Among blockchain platforms, Sui distinguishes itself with a unique proposition: a highly scalable, secure, and developer-friendly ecosystem. This comprehensive guide delves into the nuances of staking Sui, a process not merely about locking tokens for rewards but a pivotal contribution to the network's integrity and performance.

What is SUI and SUI Staking?

Sui is a groundbreaking blockchain technology that prioritizes speed, scalability, and user engagement. It represents a leap forward in facilitating transactions and decentralized applications (DApps) with unparalleled efficiency. As the crypto community gravitates towards more scalable solutions, Sui offers a promising infrastructure for developing and deploying next-generation DApps.

Staking SUI tokens within the Sui ecosystem enables participants to gain staking rewards via the proof-of-stake (PoS) consensus method. By staking their tokens, users effectively commit them to assist in safeguarding the network and confirming transactions. As compensation for their contribution, they earn a portion of the transaction fees produced by the network, awarded as staking rewards. These incentives are regularly allocated to stakers, usually on a weekly or monthly basis.

What Should You Know about SUI?

The staking information is highlighted in the table below:

How to Stake SUI?

Step 1: Download SUI Wallet Chrome Extension  

Before you can start staking SUI, you will need to download the Sui Wallet Chrome extension. This extension allows you to securely manage your SUI tokens and interact with the Sui network.

Step 2: Start Stake

Navigate to Safe Stake on your InfStones dashboard and click Stake Now button.

Select Sui and confirm that you want to stake on the InfStones Sui Validator Node.

Step 3: Connect Wallet

Click Sui Wallet to connect your wallet.

Step 4: Enter Allocated Amount

Once your wallet is connected, you should see your address and total available balance displayed. The next step is to enter the amount of SUI you want to stake, as shown below.

Step 5: Approve Transaction

After entering the amount of SUI you want to stake, click Stake and approve the transaction in your Sui wallet. Once you've approved it, a new popup will appear, confirming the success of the stake.

How to Claim Reward?

According to Sui staking mechanism, you need unstake your staked SUI tokens to claim your staking rewards to your wallet.

How to Unstake?

To unstake your SUI tokens, go to detail page, click Unstake button as shown below.

Next, connect your wallet and select the token you want to unstake. Ensure that the wallet you’re connecting with is the same one you used when staking your tokens initially; otherwise, you’ll receive an error message.

Click Unstake button and verify the transaction in your connected wallet to complete the process.

Please note: The reward will be claimed in your wallet together with the unstaked tokens

How to Check Stake and Reward History?

InfStones now provides an intuitive analytics feature that lets you easily access your stake, unstake, and reward histories. This feature is especially helpful for users who want to monitor their staking activity and track their rewards over time.

Why Staking with InfStones?

User-centric experience:

• Intuitive staking experience with graphic interface.
• Seamless integration with various wallets.
• Standardized and consistent logic across different protocols.

Secure and reliable infrastructure:

• 2000+ service days with 0 slashing.
• Non-custodial staking.
• Trusted by Binance, CoinList, BitGo, OKX and more.

Comprehensive support and resources:

• 24/7 professional support.
• Extensive guiding documentations.