edgen Staking
Introduction
Staking EDGEN allows users to earn protocol rewards, participate in LayerEdge's verification economy, and access ecosystem incentives.
LayerEdge supports two staking modes: Tiered Staking for committed participants, and Normal Staking for smaller holders. Both modes are non-custodial and integrated directly into the protocol.
here : https://layeredge.foundation/staking
Staking EDGEN (Tiered Staking)
Tiered Staking offers enhanced APYs for users staking ≥ 3,000 EDGEN.
Step 1: Connect Your Wallet
Go to the LayerEdge Staking Page and click Connect Wallet.
Step 2: Enter Your Stake (≥ 3000)
Input an amount equal to or greater than 3,000 $EDGEN. Click Switch Network if prompted.
Step 3: Understand Tiered Staking System
You'll be shown an explanation of the 3-tier system:
- Tier 1 → Top 20% of stakers → 50% APY
- Tier 2 → Next 30% → 35% APY
- Tier 3 → Remaining 50% → 20% APY
Ranking System
The staking system uses two different types of rankings:
Tier Rank: Determines which tier (1, 2, or 3) you belong to based on:
- Your staking position (first-come-first-serve basis)
- Minimum stake requirement (≥3,000 EDGEN for tier eligibility)
- Total number of active stakers
Individual User Rank: Your specific position within your tier, calculated by:
- Total staked amount (higher stake = better rank)
- Used for display purposes on the dashboard
- Does not affect APY (APY is tier-based only)
The APY shown on your dashboard corresponds to your current tier, which can change as new stakers join or existing stakers leave the system.
Click Next.
Step 4: Confirm Staking
You'll see a confirmation with:
- Your stake amount (e.g. 3012 $EDGEN)
- Real-time rewards enabled
- Tier placement based on total stake and timing
Click Yes, I'm sure to proceed.
Step 5: View Tiers & Dashboard
After staking, your dashboard will reflect:
- Tier placement - Your current tier (1, 2, or 3) based on staking position
- Rank Status - Your individual ranking within your tier (e.g., #6495)
- APY - Current Annual Percentage Yield based on your tier
- Total staked - Your total EDGEN stake amount
- Real-time rewards tracking - Continuously updated reward earnings
Understanding Dashboard Metrics
- APY: Determined by your tier, can change as the staking pool evolves
- Rank Status: Your position among all stakers, used for display purposes
- Tier: Calculated based on your staking position in the first-come-first-serve system
Important Notes
Once staked, your wallet enters the tier system permanently. Unstaking will demote you to Tier 3, and rejoining higher tiers will require a new wallet.
Staking EDGEN
Users staking less than 3,000 EDGEN can still earn rewards through Normal Staking:
Step 1: Connect Your Wallet
Go to the LayerEdge Staking Page and click Connect Wallet.
Step 2: Choose a Wallet
Select your wallet (MetaMask, OKX Wallet, Coinbase, etc.).
Step 3: Enter Stake Amount
Input your EDGEN amount (less than 3000). If prompted, click Switch Network to Edgen Chain.
Step 4: Accept Tier Terms
You'll be prompted to agree to staking terms:
- 7-day cooldown to unstake
- Unstaking moves wallet to permanent Tier 3
- Re-entry into tier system requires a new wallet
Check the box and click Next.
Step 5: Confirm Staking
You'll see a confirmation message showing:
- Your stake amount
- Tier 3 APY: 20%
Click Yes, I'm sure to confirm.
Step 6: Dashboard Updated
Your staking status, rewards, and tier will now appear on the dashboard.
Bonus for edgenOS Phase III Participants
Participants in edgenOS Phase III who stake and hold an Staker Badge (TBA) will be eligible for exclusive bonus rewards. Details will be announced soon.
Unstaking EDGEN
Step 1: Enter Unstake Amount
Click the Unstake tab, enter the amount to withdraw, and click Unstake now.
Step 2: Confirm Tier Terms
If prompted again, accept the 7-day cooldown + tier demotion warning.
Step 3: Final Confirmation
Confirm your unstake. The 7-day cooldown will begin. After that, you may withdraw.
Once cooldown ends, return to the dashboard to withdraw your tokens.
Important Note
You can re-stake, but to re-enter Tiers 1 or 2, you'll need to use a new wallet.