[How to Stake SNX] Synthetic Network Token and Synthetic Staking GUIDE

[How to Stake SNX] Synthetic Network Token and Synthetic Staking GUIDE

Today we’re talking about how to stake snx token with the synthetic network. Synthetic staking in this guide would involve mintr and Staked (which makes this active staking practice passive).

We’re going to how staking synthetic explained here because stakers are a big requirement for the synthetic exchange and the synthetic crypto. If you have snx coin (or snx crypto), and you’re wondering how to use mintr, then this video is for you.

I’m going to show you how to keep an eye on gas prices, because doing anything like swapping and minting with synthetic costs some pretty high fees. We’ll connect our wallet (Metamask, Ledger, etc) with Mintr and use Staked to stake our SNX.

Finally, I’ll talk about some warnings before you stake, because you MUST MEET THESE REQUIREMENTS IF YOU WANT TO PROFIT FROM THIS (that’s a joke, I’m just making sure you pay some attention to these warnings for first time stakers).

Timestamps:
Staking Rewards SNX [1:09]
Checking Gas Prices Before Doing Swaps [2:43]
Using Mintr [4:53]
Minting sUSD [6:10]
Staked’s Passive Strategy [6:55]
Some Warnings [8:59]

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#coursehack_club #coursehack #passive_income #how_to_stake_snx #synthetix_network_token #synthetix #how_to_stake_snx_token #synthetix_network #synthetix_staking #mintr #synthetix_crypto #synthetix_explained #synthetix_exchange #crypto_passive_income #snx_coin #snx_crypto #how_does_synthetix_work #how_to_use_mintr #cryptocurrencies

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