Staking tokens in the 1inch Wallet
By staking 1INCH tokens users can participate in the governance process while generating passive income. The APY % for staking is variable depending on the amount of tokens stakes.
To stake 1INCH tokens, first tap on the flower icon at the bottom of the screen. Next, slide the race car to stake the tokens. 1st-time stakers will need to unlock/approve the tokens for use.
Select the number of tokens then tap “Unlock”. On the following page, tap “Approve”
Once approved, tap “Stake 1INCH token” and select the number of 1INCH tokens. Review the details and tap “Confirm Stake”.