Universe Docs
  • xyzDAO Overview
  • Beginner's Guide to Governance
  • FAQ Walkthroughs
    • How to get $XYZ tokens?
    • How to obtain voting power (stake) in the DAO?
    • How to lock $XYZ to increase voting power?
    • How to delegate voting power (vXYZ)?
    • How to return delegated voting power (vXYZ)?
    • How can I earn rewards from the USDC/XYZ pool?
    • How to withdraw $XYZ from the DAO?
    • How to create a proposal?
    • How to vote on the proposal?
  • DAO Specifications
    • Diamond Standard
    • Thresholds
    • DAO Governance
    • Multiplier and Voting Power
  • Proposals & Voting
    • Proposals
    • Proposals State
    • Warm-Up
    • Abrogation Proposals
    • Voting
  • Token
    • $XYZ Token
    • Token Distribution
    • Air Drop
  • Distribution Programs
    • Yield Farming and LP Incentivization
      • Epochs
    • DAO Staking
    • Airdrops
  • xyzDAO NFTs & Resources
    • Polymorph FAQs
  • Universe Basics
    • Ethereum Basics
      • A Guide to Ethereum & Blockchains
      • What is a Blockchain?
      • Digital Wallets
      • What is ETH?
      • How do I get ETH?
      • What is gas?
      • How can I measure/predict the fees?
    • Marketplace FAQs
      • What are the Marketplace fees?
      • How do I buy an NFT?
      • How do I make an offer for an NFT?
      • How do I list an NFT?
      • How can I cancel my listing?
      • How do I change the price of my listing?
      • How do I accept an offer?
    • Wallet FAQs
      • Do hardware wallets work with Universe XYZ?
      • My transaction is stuck
      • Types of wallets
    • Minting FAQs
      • What is minting?
      • How do I Mint NFTs with Universe XYZ?
      • How do I create Collections on Universe XYZ
      • Where are my NFTs displayed?
      • Are my NFTs on Universe visible on other platforms?
      • Can I mint an NFT without putting it up for sale?
      • Can I sell NFTs minted on Universe on other platforms?
      • What is burning?
      • What is ERC-1155?
      • What is ERC-721?
    • Troubleshooting
      • Basic troubleshooting
      • How do I contact support?
  • Resources
  • Whitepaper
  • Discord
  • Twitter
  • Medium
  • Telegram
  • YouTube
  • GitHub
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  1. FAQ Walkthroughs

How to obtain voting power (stake) in the DAO?

To be able to participate in the DAO, you will need to stake $XYZ tokens.

Walkthrough

  1. Go to the Universe.XYZ and click Governance on the DAO dropdown menu.

  2. Connect your wallet to the platform.

  3. Select "Wallet" in the top menu.

  4. Click on "Enable token" to enable interaction between the smart contract and your wallet.

  5. Confirm the transaction in your wallet and pay gas fees.

  6. Enter the amount of $XYZ you would like to stake or hit "Max". Choose the transaction processing time and click on "Deposit".

  7. Confirm the transaction in your wallet, pay the gas fees and deposit amount on the top of the page.

Congrats! You have successfully staked $XYZ into the xyzDAO.

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Last updated 3 years ago

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