Staking on PlunderSwap: Step-by-Step Guide

This comprehensive guide will walk you through staking your ZIL tokens on PlunderSwap, from wallet setup to managing your staked positions.

Prerequisites

Before you begin, ensure you have:

ZIL tokens in your wallet
A compatible Web3 wallet (MetaMask, WalletConnect, Rabby, etc.)
Some ZIL for gas fees (usually less than 1 ZIL)

Step 1: Wallet Setup

Installing MetaMask

Visit metamask.io
Download the browser extension
Create a new wallet or import existing
Secure your seed phrase safely

Adding Zilliqa Network

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

For detailed instructions, visit: https://docs.plunderswap.com/get-started/connection-guide/

Step 2: Getting ZIL Tokens

Option A: Buy on Exchange

Purchase ZIL on major exchanges:
- Binance, KuCoin (International)
- Binance US, Crypto.com (USA citizens)
Withdraw to your MetaMask address
Note: Most CEXs only support legacy Zilliqa network (zil1 addresses). You'll need to:
- Withdraw to a legacy Zilliqa wallet first
- Use our transfer tool to bridge to EVM

Option B: Bridge from Legacy Zilliqa

Use PlunderSwap's transfer tool
Connect both legacy and EVM wallets
Transfer your ZIL to EVM chain

Option C: Swap on PlunderSwap DEX

If you have other tokens on Zilliqa EVM
Use PlunderSwap DEX to swap for ZIL
Ensure sufficient balance for staking

Step 3: Connect to PlunderSwap

Navigate to Staking Page

Visit PlunderSwap Staking
Click "Connect Wallet" button
Select MetaMask from options
Approve connection request

Verify Connection

Check wallet address displayed
Ensure correct network (Zilliqa EVM)
View your ZIL balance

Step 4: Stake Your ZIL

Enter Staking Amount

In the staking interface, enter amount to stake
Minimum stake: 100 ZIL
Keep some ZIL for gas fees

Review Transaction Details

Exchange Rate: Current pZIL rate
You Will Receive: Amount of pZIL
Network Fee: Gas cost in ZIL
Current APY: Annual percentage yield

Confirm Staking

Click "Stake ZIL" button
Review MetaMask popup
Confirm gas fee
Click "Confirm" to proceed

Transaction Processing

Wait for transaction confirmation
Usually takes 10-30 seconds
You'll see a success message
pZIL automatically sent to wallet

Step 5: Monitor Your Stake

View Staking Dashboard

Your pZIL Balance: Current holdings
Current Value: Worth in ZIL
Earned Rewards: Accumulated earnings
Current APY: Live yield rate

Track Performance

Check daily earnings
Monitor APY changes
View transaction history
Export data for records

Step 6: Using Your pZIL

DeFi Options

Provide Liquidity: Add to PlunderSwap DEX pools
Lending: Use as collateral
Yield Farming: Earn additional rewards
Trading: Swap for other tokens

Best Practices

Diversify DeFi positions
Monitor smart contract risks
Keep some pZIL liquid
Track gas costs

Step 7: Unstaking Process

When to Unstake

Need liquidity
Better opportunities elsewhere
Risk management
Taking profits

How to Unstake

Go to staking dashboard
Click "Unstake" tab
Enter pZIL amount
Review ZIL to receive
Confirm transaction

Receive Your ZIL

Original stake + rewards
Instant withdrawal
No unbonding period
Ready to use immediately

Advanced Features

Auto-Compounding

Rewards automatically reinvested
No manual claiming needed
Maximizes compound interest
Gas-efficient design

Partial Unstaking

Unstake any amount
Keep remaining staked
Flexible position management
No minimum unstake

Staking Strategies

Long-term Holding: Maximize compound effect
DeFi Integration: Use pZIL in protocols
Rebalancing: Adjust position size
Tax Optimization: Plan withdrawals

Common Issues and Solutions

Transaction Failed

Insufficient gas: Increase gas limit
Slippage: Adjust tolerance
Network congestion: Try again later

Can't See pZIL

Add token to MetaMask:
- Token Address: [pZIL Contract]
- Symbol: pZIL
- Decimals: 18

Wrong Network

Switch to Zilliqa EVM in MetaMask
Check Chain ID: 32769
Verify RPC URL

Security Best Practices

Wallet Security

Never share seed phrase
Use hardware wallet for large amounts
Enable 2FA where possible
Verify URLs carefully

Transaction Safety

Double-check addresses
Start with small amounts
Verify contract addresses
Monitor unusual activity

DeFi Safety

Research protocols thoroughly
Understand risks involved
Don't invest more than you can afford to lose
Keep some assets liquid

Tips for Maximizing Returns

Timing Your Stakes

Stake during high APY periods
Consider gas costs
Plan long-term positions
Monitor market conditions

Optimizing Gas

Stake larger amounts less frequently
Use during low network activity
Bundle transactions when possible
Set appropriate gas limits

Yield Strategies

Compare DeFi yields
Balance risk and reward
Diversify positions
Track total returns

FAQs

What's the minimum stake?

100 ZIL minimum.

How often are rewards distributed?

Continuously through exchange rate increase.

Can I lose my staked ZIL?

Only through smart contract risk or validator slashing (rare).

Is there a lock-up period?

No, pZIL provides instant liquidity.

What are the fees?

10% performance fee on rewards, no deposit/withdrawal fees.

Next Steps

Start Small: Test with a small amount first
Learn More: Read other articles in our Learn center
Join Community: Telegram for questions and updates
Stay Informed: Follow PlunderSwap announcements

Conclusion

Staking on PlunderSwap is designed to be simple, secure, and rewarding. With liquid pZIL tokens, you maintain flexibility while earning competitive yields. Start your staking journey today!

Need Help?

Join our community:

Telegram: https://t.me/plunderswap

Staking on PlunderSwap is designed to be simple, secure, and rewarding. With pZIL, you get the best of both worlds: staking rewards and liquidity. Follow this guide, start with an amount you're comfortable with, and join thousands earning passive income through liquid staking.

Ready to start? Head to our staking page and begin your staking journey today!