2 KiB
2 KiB
Getting Started
What You Need
- A Web3 wallet (MetaMask, Coinbase Wallet, etc.)
- Some ETH on Base network
- 5 minutes
Step 1: Get KRK Tokens
- Go to the KrAIken app
- Connect your wallet
- Swap ETH for KRK on Uniswap
- Make sure you're on Base network
- Use the 1% fee tier pool
Tip: Start small. The protocol is unaudited — only use what you're comfortable risking.
Step 2: Stake Your Tokens
- Go to the Staking Dashboard
- Connect your wallet (if not already connected)
- Choose how many KRK tokens to stake
- Minimum stake is displayed in the form
- Pick your earning rate (tax rate)
- Lower = cheaper to hold, but easier to challenge
- Higher = more expensive, but harder to challenge
- Start with a mid-range rate if you're unsure
- Click Stake and confirm the transaction
Step 3: Monitor Your Position
Once staked, you'll see your position in the Active Positions section:
- Your slot count and ownership percentage
- Current earning rate
- Accrued tax obligation
You can view detailed stats in your Wallet Dashboard.
Understanding the Numbers
- Owner Slots: Your share of the staking pool. 1,000 slots = 1% ownership.
- Tax Rate: What you pay yearly to hold your position. Paid when you unstake or manually.
- Floor Tax: The minimum rate needed to challenge existing positions.
- Positions Buyout: How many positions your rate would displace.
Unstaking
To exit a position:
- Find your position in the Active Positions list
- Click to expand it
- Choose to unstake (partially or fully)
- You receive your staked tokens plus any earnings, minus tax owed
Tips
- Check the floor tax before staking. If it's high, many positions are actively defended.
- Watch the ETH reserve on the landing page — growing reserve = healthy protocol.
- Don't panic if challenged — you get paid out at market value. You can always re-stake.
- Join the community — Telegram for questions and discussion.