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