How To Stake Tokens

Goal

Stake tokens for your account.

Before you begin

• Install the currently supported version of cleos.

• Ensure the reference system contracts from cyberway.contracts repository is deployed and used to manage system resources.

• Understand the following:

  • What is an account;

  • What is a stake;

  • What is a bandwidth in CyberWay;

  • What are CPU, NET, RAM and Storage resources.

Steps

Stake 100 CYBER tokens for alice account:

$ cleos push action cyber.token transfer '[alice, cyber.stake, "100.0000 CYBER"]' -p alice@active

or using "system stake" operation:

$ cleos system stake alice "100.0000 CYBER"

Note When you perform a transaction, you do not need to worry about which specific resource (RAM, NET, CPU or Storage) will be consumed more (or less) and how the staked tokens should be spent. The system dynamically and optimally distributes your staked tokens.

Useful links

• The bandwidth in CyberWay
• The cyberway.stake contract