Staking on PlunderSwap: Step-by-Step Guide

This guide walks you through staking your ZIL on PlunderSwap, from wallet setup to unstaking and claiming.

Prerequisites

Before you begin, make sure you have:

• At least 100 ZIL to stake
• An EVM wallet (MetaMask, WalletConnect, Rabby, etc.)
• A little extra ZIL for gas fees

Step 1: Wallet Setup

Installing MetaMask

1. Visit metamask.io
2. Download the browser extension
3. Create a new wallet or import an existing one
4. Store your seed phrase somewhere safe and offline

Adding Zilliqa Network

1. Open MetaMask
2. Click the network dropdown
3. Select "Add Network"
4. Enter the Zilliqa details:
   • Network Name: Zilliqa EVM
   • RPC URL: https://api.zilliqa.com
   • Chain ID: 32769
   • Currency Symbol: ZIL
   • Block Explorer: https://zilliqa.blockscout.com

Step 2: Getting ZIL

1. Buy ZIL on an exchange that lists it
2. Make sure the exchange supports withdrawals to Zilliqa EVM (0x...) addresses
3. Withdraw to your MetaMask address

Step 3: Connect to PlunderSwap

1. Visit PlunderSwap Staking
2. Click the "Connect Wallet" button
3. Select your wallet
4. Approve the connection request
5. Check that you're on Zilliqa EVM and can see your ZIL balance

Step 4: Stake Your ZIL

1. Enter the amount to stake (minimum 100 ZIL); the MAX button leaves some ZIL for gas
2. Click "Stake ZIL"
3. Review and confirm the transaction in your wallet
4. Once it's confirmed, pZIL is sent to your wallet

Step 5: Monitor Your Stake

The staking page shows:

• pZIL Balance: How much pZIL you hold
• ZIL Value: What your pZIL is currently worth in ZIL
• Current APR: Measured from the pZIL exchange rate over the last 7 days
• Exchange Rate: The current pZIL/ZIL rate

You can also watch any wallet in read-only mode by entering its address on the staking page.

Step 6: Holding pZIL

• pZIL sits in your wallet and grows in value as rewards accumulate
• Rewards are added every hour and re-staked by the pool, with nothing to claim
• It's a standard ERC-20 token, so you can transfer it between wallets
• There are currently no pZIL liquidity pools; to exit, unstake through the staking page

Step 7: Unstaking and Claiming

How to Unstake

1. Go to the staking page
2. Enter the pZIL amount in the "Unstake pZIL" card (you can unstake any amount)
3. Check the estimated ZIL you'll receive
4. Confirm the transaction

Claim Your ZIL

• The ZIL amount is fixed at the exchange rate when you unstake
• Unstaked ZIL goes through an unbonding period of 461,680 blocks (about 6 days at current block times)
• The staking page shows your pending withdrawals and the blocks remaining
• Once it's ready, click "Claim ZIL"

Common Issues and Solutions

Transaction Failed

• Below minimum: Each stake must be at least 100 ZIL
• Not enough gas: Leave some ZIL in your wallet for fees
• Wrong network: Switch to Zilliqa EVM

Can't See pZIL in Your Wallet

Add the token to MetaMask:

• Token Address: 0xc85b0db68467dede96A7087F4d4C47731555cA7A
• Symbol: pZIL
• Decimals: 18

Security Best Practices

• Never share your seed phrase
• Use a hardware wallet for large amounts
• Check you're on the real PlunderSwap site before connecting
• Start with a small amount if you're new

FAQs

What's the minimum stake?

• 100 ZIL per stake.

How often are rewards distributed?

• Every hour, through an increase in the pZIL exchange rate.

Do I need to claim or restake rewards?

• No. Rewards are added to pZIL's value and re-staked by the pool for you.

Can I lose my staked ZIL?

• The main risk is a bug in the smart contract. Validator downtime reduces rewards.

Is there a lock-up period?

• Not while you hold pZIL, but unstaking has an unbonding period of about 6 days before you can claim your ZIL.

What are the fees?

• The pool takes 8% of rewards as commission. There are no deposit or withdrawal fees beyond normal gas.

Need Help?

Join our community on Telegram for questions and updates.

Ready to start? Head to our staking page.