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added instructions for harvesting rewards and new faq question
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docs/.gitbook/assets/staking/stake-harvest-confirm-wallet.png
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@@ -30,6 +30,14 @@ Harvesting refers to the act of **claiming your staking rewards**. When you clai
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<details>
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<summary>Can I only collect a portion of my rewards?</summary>
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No. If your staking period has ended, all the rewards and APower you have accrued, as well as the $ALEX you've staked, will be transferred to your wallet. You will be able to re-stake them on the next cycle, after the current one ends. If a cycle has ended but you've staked your $ALEX for longer, you will be able to claim your rewards but not your staked ALEX tokens, which will remain locked-up until the staking period you selected expires. If you wish to avoid cooldown periods and manual staking, you can use the **Auto Staking** function with [LiALEX](key-concepts.md#liquid-staking).
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</details>
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<details>
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<summary>Do staking rewards accumulate?</summary>
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Yes, staking rewards accumulate over time. It is not mandatory to harvest your rewards at the end of each cycle, you can claim them whenever you choose. Also, when you withdraw (unstake) your $ALEX or LiALEX, any unharvested rewards will automatically be withdrawn as well.
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@@ -38,6 +46,14 @@ Yes, staking rewards accumulate over time. It is not mandatory to harvest your r
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<details>
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<summary>Can I claim my rewards after every cycle?</summary>
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Yes, rewards can be claimed after every cycle concludes, even if you've staked your $ALEX for several cycles. Bear in mind that, although you can claim rewards, your staked tokens can only be withdrawn after the selected cycles expire.
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</details>
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<details>
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<summary>What is the cooldown period?</summary>
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The cooldown period refers to the time between when your ALEX tokens are staked and when a new cycle begins. Essentially, it is the remaining time (measured in Stacks blocks) of the current staking cycle. This implies that your staked tokens won't start generating rewards immediately, but in the next upcoming cycle.
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@@ -60,14 +76,6 @@ The more cycles you choose to stake for, the less cool-down cycles you will have
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<details>
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<summary>Can I claim my rewards after every cycle?</summary>
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Yes, rewards can be claimed after every cycle concludes, even if you've staked your $ALEX for several cycles. Bear in mind that, although you can claim rewards, your staked tokens can only be withdrawn after the selected cycles expire.
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</details>
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<details>
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<summary>I just staked $ALEX, when will I see my investment?</summary>
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The transaction may take up to 40 minutes to become visible in the "My Staking" menu. You can consult the [Staking Guide](how-to.md#step-5-check-transaction-status) for more information on verifying your staking status.
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@@ -4,9 +4,11 @@ Staking on ALEX takes a few easy steps. In short, it consists of locking up your
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This section explains how to stake your $ALEX manually. For liquid staking with LISA, please consult the [LISA Documentation](https://docs.lisalab.io/).
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## :anchor: Staking Your $ALEX
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### Step 1: Connect Stacks Wallet
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If you haven't already, the first step is to connect your wallet to ALEX. Go to the [Stake page](https://app.alexlab.co/stake) and under the "My Staking" section, press the "Connect stacks wallet" button. After performing the corresponding validation, "My Staking" will display.
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If you haven't already, the first step is to connect your wallet to ALEX. Go to the [Stake page](https://app.alexlab.co/stake) and under the **My Staking** section, press the "Connect stacks wallet" button. After performing the corresponding validation, **My Staking** will display.
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You can always change your wallet configuration from the Wallet Manager in the top right corner.
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@@ -14,9 +16,9 @@ You can always change your wallet configuration from the Wallet Manager in the t
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### Step 2: My Staking
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In "My Staking", "Manual Staking" will indicate how much ALEX you're currently staking, along with its estimated Annual Percentage Rate (APR). Bear in mind that, unlike Annual Percentage Yield (APY), APR doesn't take into account the compounding effect of rewards.
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In **My Staking**, "Manual Staking" will indicate how much ALEX you're currently staking, along with its estimated Annual Percentage Rate (APR). Bear in mind that, unlike Annual Percentage Yield (APY), APR doesn't take into account the compounding effect of rewards.
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On the right-hand side of "My Staking", you will see the "Cycles" section, which indicates how much time is left for the upcoming cycle, as well as the number of the current one. You can expand this section to display "All Cycles." The timer indicates how much time is left of the current cycle. Bear in mind that your tokens will be staked on the upcoming cycle for the first time.
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On the right-hand side of **My Staking**, you will see the "Cycles" section, which indicates how much time is left for the upcoming cycle, as well as the number of the current one. You can expand this section to display "All Cycles." The timer indicates how much time is left of the current cycle. Bear in mind that your tokens will be staked on the upcoming cycle for the first time.
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<figure><img src="../../.gitbook/assets/staking/stake-my-staking.png" alt=""><figcaption></figcaption></figure>
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@@ -42,7 +44,7 @@ Once you've verified your current balances, APR, APY and cycle timing, you can p
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Select how much $ALEX you wish to stake and for how long. You can use the slider to personalize the amount of cycles, and you will see an estimate of how many days the selected amount of cycles will last. If you wish to stake ALEX tokens for different periods of time, you will need to execute two transactions. For example, if you wish to stake 100 ALEX for 8 cycles and 80 ALEX for 24 cycles, you will need to follow these steps twice.
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<figure><img src="../../.gitbook/assets/staking/stake-config.png" alt=""><figcaption></figcaption></figure>
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<figure><img src="../../.gitbook/assets/staking/stake-settings-preview.png" alt=""><figcaption></figcaption></figure>
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The "MAX" button will stake your entire balance.
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@@ -64,9 +66,9 @@ A "Transaction Mining..." pop-up should appear on the top right corner of your s
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### Step 6: Check Transaction Status
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Wait for the transaction to be confirmed on the network. Bear in mind that it may take between 20-40 minutes.
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Wait for the transaction to be confirmed on the network.
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Your staked tokens could take between 20-40 minutes to appear on the [Stake page](https://app.alexlab.co/stake), but once the transaction is confirmed on the ALEX network, you will be able to see your staked tokens in the "My Staking" section.
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Your staked tokens could take between 20-40 minutes to appear on the [Stake page](https://app.alexlab.co/stake), but once the transaction is confirmed on the ALEX network, you will be able to see your staked tokens in the **My Staking** section.
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<figure><img src="../../.gitbook/assets/staking/stake-done.png" alt=""><figcaption></figcaption></figure>
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@@ -78,3 +80,69 @@ Recommended to track transaction status:
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* Check your address activity on the wallet.
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{% endhint %}
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## :moneybag: Harvesting Your Staking Rewards
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### Step 1: Check My Staking
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As when staking, go to the [Stake page](https://app.alexlab.co/stake), or, alternatively, click on the navbar's Earn -> Stake tab from the [ALEX Labs homepage](https://app.alexlab.co).
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Once you're on the Stake page, you'll find the **My Staking** panel, which displays your current stake.
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### Step 2: Harvest Your Principal & Your Rewards
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If a cycle has ended and you can claim rewards, you will see your $ALEX and APower on the **Harvest** button. If you have no rewards to claim yet, the **Harvest** button will be greyed out. The button will also display the amount of $ALEX and APower that are available for harvesting.
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Bear in mind that, if your staking period has ended, harvesting will also transfer your **Principal** (your staked $ALEX), to your wallet. It is not possible to collect only a portion of your principal or your rewards.
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Click on the **Harvest** button to claim your rewards.
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<figure><img src="../../.gitbook/assets/staking/stake-harvest.png" alt=""><figcaption><p></p></figcaption></figure>
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### Step 3: Confirm Harvest
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A confirmation panel will appear where you can double check the amount. If everything looks correct, click "Confirm"
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<figure><img src="../../.gitbook/assets/staking/stake-harvest-confirm.png" alt=""><figcaption><p></p></figcaption></figure>
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#### Confirm harvest
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* **Principal:** This is the amount of staked $ALEX that is no longer locked-up and can be transferred to your wallet. If you've staked 100 ALEX tokens for 4 cycles, and only the first cycle has ended, you will be able to harvest your rewards for that cycle while staked $ALEX remain locked-up for 3 more cycles. Hence, the principal would be 0 for this case. However, after the 4th cycle, the principal would be 100.  
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* **Reward:** The amount of ALEX tokens and APower you can claim as a reward for staking your $ALEX tokens. If you don't harvest your rewards, they will continue to accumulate.
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* **Total Claim:** The sum of your principal and rewards, in $ALEX and APower. This is the amount that will be transferred to your wallet
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### Step 4: Confirm Transaction
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After clicking "Confirm", you will need to confirm the transaction in your wallet.
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Here, your Stacks wallet is interacting with ALEX smart contract and is asking you for approval. Scroll through the wallet transaction window, review it and confirm the transaction. By doing this, you are allowing the wallet to sign and broadcast the transaction.
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<figure><img src="../../.gitbook/assets/staking/stake-harvest-confirm-wallet.png" alt="" width="375"><figcaption><p>Transaction preview displayed on Leather wallet</p></figcaption></figure>
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<figure><img src="../../.gitbook/assets/staking/stake-harvest-wallet-confirm-2.png" alt="" width="375"><figcaption><p>Function arguments and confirmation button</p></figcaption></figure>
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### Step 5: Check Transaction Status
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Wait for the transaction to be confirmed on the network.
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Transferring your rewards and staked tokens could take between 20-40 minutes, but once the transaction is confirmed on the ALEX network, you will be able to see your rewards in your wallet.
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{% hint style="info" %}
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Recommended to track transaction status:
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* Turn on [Telegram notifications](https://t.me/stacks\_tx\_notification\_bot), you will get notified when the transaction is confirmed.
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* Search for the transaction on the [ALEX Explorer](https://app.alexlab.co/explorer).
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* Check your address activity on the wallet.
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{% endhint %}
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<div>
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<figure><img src="../../.gitbook/assets/liquidity-providers/removing-liquidity-7-tg-tx-pending.png" alt="" width="344"><figcaption><p>Telegram message with transaction pending status.</p></figcaption></figure>
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<figure><img src="../../.gitbook/assets/liquidity-providers/removing-liquidity-7-tg-tx-success.png" alt="" width="361"><figcaption><p>Telegram message with transaction success status.</p></figcaption></figure>
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</div>
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