1.5 KiB
Staking
Thanks to Proposal #10, any $TORN holder can lock their $TORN token into Governance contract like before, but are now able to receive a portion of the fees collected by relayers proportionately to their stake.
As explained here, on every withdrawal via relayer, the relayer has to pay a fee from his staked balance. Currently, this fee is fixed at 0.3% and can be changed at any time by a governance vote.
How to lock $TORN token ?
In order to lock $TORN token,
Go to: https://app.tornado.cash/governance
Click Manage -> Lock Tab
Approve the governance contract to transfer your TORN tokens by clicking on the Approve button. Once the approve is confirmed, chose the amount you want to deposit and click Lock. Confirm the transaction in your wallet and wait for the confirmation.
How to claim staking reward ?
To claim staking reward, go to https://app.tornado.cash/governance
You will be able to see your staking reward at the top of the page:
Click Manage -> Claim tab -> Claim button.
That's it, we're done. 😉__
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Written by @bt11ba