How To Stake and Vote
How to use Swyrl Exchange to vote every epoch and earn protocol fees, vote incentives & exit penalties.
Before You Vote
Definition of Epoch: A unit of geologic time that is a division of a period. We use the term epoch as a indicator when all votes and rewards are reset for the following week, starting a fresh week of new incentives. For Swyrl this period of time is 7 days always restarting at 00:00 Thursday UTC time.
Convert and Stake
Convert SWYRL to xSWYRL
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Open the Earn Page:
Go to Earn → xSWYRL -> Convert SWYRL. -
Enter Amount:
Input the number of SWYRL tokens you wish to convert (e.g.,100). -
Confirm Conversion:
Click Convert SWYRL.
Stake and Manage xSWYRL
Only staked xSWYRL will recevie the voting power and rebase rewards, once you obtain xSWYRL:
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Go to the Stake section:
On top of the page, select Stake xSWYRL. -
Enter Amount:
Type the amount to stake (e.g.,100 xSWYRL). -
Stake and Confirm:
Click Stake xSWYRL to lock your tokens. -
Track Rewards:
Check your Total Staked, Rebase APR, and Pending Rebase updates on the right.
Vote
In order to earn protocol fees and vote incentives, you need to vote on the desired pairs with your staked xSWYRL.
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Open the Vote Page:
Click Vote in the top bar. -
Check Voting Power:
See your available xSWYRL voting power (e.g.,8100). -
Distribute Votes:
Allocate vote weight across pools (e.g.,30% SWYRL/MON,30% USDC/MON,20% ANGLER/MON,20% USDC/MON CL). -
Submit Votes:
Ensure total allocation equals 100%, then click Submit Vote to confirm.
Vote Timing: Most users wait until the final minutes before an epoch ends to vote for pools with the highest rewards (APR). This is so you can see the final vote dilution of each pool before voting for incentives.
Earnings
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Go to Dashboard → Vote Tab:
View your accumulated voting rewards. -
Claim Rewards:
Click Claim next to each pool, or Claim All to collect everything at once. -
Track Total:
Your Total Voting Rewards (e.g.,$8.00) updates instantly after each epoch.
