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Stake

A simple guide to staking ALPH on Powfi. Learn how staking works, what xALPH represents, how rewards accrue, and how you can use xALPH in supported pools and applications.

Prerequisite: a funded Alephium wallet with ALPH available to stake. You also need enough ALPH to cover the network fee.

Goal​

Stake ALPH and receive xALPH.

When you stake ALPH, it becomes locked in the Powfi staking system and xALPH is minted to represent your staked position.

What you'll have after staking:

  • Your ALPH is locked in the staking system.

  • You receive xALPH representing your staked ALPH.

  • Your position can earn staking rewards.

  • Your xALPH can be used in supported pools and applications.

Step-by-step​

1. Open Powfi​

Open powfi.alephium.org and connect your Alephium wallet.

Verify that the URL is powfi.alephium.org before connecting your wallet.

2. Open Staking​

Go to the Staking section on Powfi.

You will see the option to stake ALPH and receive xALPH.

3. Enter the amount​

Enter the amount of ALPH you want to stake.

Before continuing, check:

  • Amount of ALPH you are staking.

  • Staking APR, which is the estimated annual rate of rewards.

  • Available to stake, which is the amount of ALPH available for staking in your wallet.

Keep some ALPH in your wallet for network fees.

4. Review and stake​

Review the staking details.

When everything looks correct, click Stake.

Powfi will prepare the staking transaction and your wallet will ask you to confirm it.

5. Approve in your wallet​

Review the transaction in your Alephium wallet before signing.

Make sure the amount being staked matches what you entered.

If everything looks correct, approve the transaction.

6. Receive xALPH​

Once the transaction is confirmed, your ALPH is locked in the staking system and xALPH is minted to represent your staked position.

At mainnet launch:

1 xALPH = 1 ALPH

Over time, staking rewards accumulate to the underlying staked ALPH, increasing the amount of ALPH represented by each xALPH.

What is xALPH?​

xALPH is a liquid representation of staked ALPH.

Mainnet xALPH token ID: 6dc961b59aae53c768fe6f608e6bea30f6747041af3fd800c8c6533766e54f00

Mainnet xALPH staking contract: 225WevmFp5ZgzPsyVJTvyp2v2uyKrvp329HfrVmzffnWj

When you stake ALPH:

ALPH → locked ALPH → xALPH

Each xALPH is backed by locked ALPH and represents your staked position.

xALPH does not replace ALPH. It lets you use your staked position in supported pools and applications while the underlying ALPH stays locked.