How to Stake and Unstake
Last updated
Last updated
Stake SUI
Before you start Ensure the following:
You are using a Chrome Browser, or one that supports Chrome extensions like Brave.
You have a supported SUI Wallet installed and set up in your browser.
For a list of supported SUI wallet: Supported Wallets
Get SUI and send it to your SUI Wallet. Follow these steps to get and send SUI tokens to your SUI Wallet:
Create an SUI address using the SUI Wallet.
If you bought SUI tokens from Binance, send the acquired SUI tokens to your SUI network address from the SUI Wallet. If you bought SUI tokens from a decentralized exchange like Sui Swap, there's no need to transfer the tokens to your SUI Wallet as they are already in your possession.
For Testnet please read How to request Testnet Tokens.
Visit Volo Staking Dashboard here.
Click connect Wallet either on top-right corner of the page or on the dashboard button. then pick your wallet or safe that you want to use. Click on the "Connect Wallet" button located either in the top-right corner of the page or on the dashboard button.
A pop-up window will appear with a list of supported wallets. Choose the wallet that you want to use for the connection.
We are going with Ethos in our guide.
You are now connected and you can view your balance of SUI and voloSUI.
To stake your SUI tokens you will have insert the desired amount of SUI tokens you wish to stake, once you have entered the quantity, click on the "Stake" button.
By clicking the "Stake" button, you will initiate the staking process for your SUI tokens. Make sure to review the transaction details and confirm the transaction using your wallet or safe. After the transaction is confirmed, your SUI tokens will be staked, and you will start earning rewards based on the staking program.
Click Approve to complete the stake transaction after reviewing it.
You are now staked, you will see your balance of voloSUI updated. Enjoy your staking rewards and don't forget to make use of your liquid voloSUI tokens.
To view your new balance you may need to refresh the page.
If you wish to unstake, all you have to do is follow these steps:
Enter the amount of voloSUI you wish to unstake.
Click the "Unstake" button.
Approve the transaction in your wallet.
Please note that it may take up to 24 hours to receive your tokens. The unstaking queue for voloSUI happens once every 24 hours.
