What is Stkr?
Stkr is a decentralized protocol and platform that combines staking and DeFi to remove entry barriers and democratize staking for everyone. Stkr introduces Micropools – a proprietary solution that enables you to start staking with as little as 0.5 ETH. Simply choose the amount you want to delegate, and the system will automatically assign it to the best providers.
Stkr is built by the Ankr team, to provide the best user experience and highest level of safety, combined with an attractive reward mechanism and instant staking liquidity through a bond-like synthetic token called aETH.
Staking your ETH will lock it for a certain time. You can only get back the tokens once the staking period is over. Proceed at your own risk.
Staking ETH on Stkr
Open the DApp browser and type in the address, https://stkr.io.
Tap on Launch App to proceed and then then choose Start staking.
You are now at your main dashboard screen. Tapping the 2 lines on the upper left will show your current ETH balance and Address that is connected to the site.
Stkr has a minimum requirement of 0.5 ETH in order to participate in their staking pool. There is no maximum stake. if you have more than 32 ETH in your wallet, you can move the slider to the maximum number of ETH that sits in your wallet.
Move the slider to the right to increase the amount. Tap on Stake to continue.
Your ETH will be locked for at least 12 months. You can only get back the tokens once the staking period is over. Proceed at your own risk.
Confirm the transaction by tapping on Send. Wait for the transaction to be processed.
Confirm your Stake
After the transaction has been confirmed on the ETH network. Your ETH will be sent over to the staking pool and when you go back to your dashboard, you will see the amount you have staked.
While your ETH is staked, an equivalent amount of aETH will be issued by Stkr. You can also check for your estimated earnings.