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Liquid Staking on EVM (sTLOS)

A guide on how to stake TLOS on EVM for the sTLOS receipt token.

The sTLOS receipt token is very exciting for the future development of the Telos DeFi ecosystem. sTLOS liquid staking allows you to remain flexible with your investments while enjoying staking rewards.

Once liquidity pairs for sTLOS/TLOS are available on our tEVM exchanges, these can be used to sell sTLOS receipt tokens at a market-determined price.

tip

Please be aware that a 10-day unstaking timer is applied when removing your funds from sTLOS liquid staking. Once unstaked and sent to the underlying ESCROW contract, you will no longer be able to sell or transfer your tokens.

Purpose​

In this guide, we will stake TLOS for sTLOS(receipt token) on Telos Web Wallet and Teloscan.

Why stake TLOS for sTLOS?​

  • Staked sTLOS helps you put your staked TLOS to work in Defi and explore additional yield opportunities.
  • Helps lock TVL on EVM, enabling more attraction for investors and Dapps building on Telos.
tip

Having sTLOS on the tEVM does not allow you to vote in governance processes (including block producers and worker proposals) - these are limited to the Zero Network. Stake on Zero to participate in Defi. Stake on EVM for receipt token and more yield opportunities. It's simple to ask yourself this question: why am I staking? What is my defi play(have a plan), as there is a 3-5 day locking period.

Prerequisites​

You can easily create a new account on Metamask or utilize an existing tEVM account when staking to sTLOS. If you have never used tEVM before with your Telos Zero account, the following guide will assist you in creating a tEVM account using the Telos Web Wallet.

To stake TLOS on EVM following pre-requisites are required:

  • An EVM account on Metamask
  • MetaMask If you don't have Metamask, then follow this link Download Metamask
  • Add Telos EVM to MetaMask

Note: You may use Chainlist and select Chain ID 40 TLOS to connect Telos RPC to the Metamask client.

For manual configuration, please use the following parameters:

Stake With Telos Web Wallet​

Stake​

  1. Head over to Telos Web Wallet and login with your wallet
Web Wallet
  1. Navigate to the Staking page
Web Wallet
Web Wallet
  1. Stake TLOS
  • Enter the amount of $TLOS you want to stake
  • Click "Stake"
  • Sign the transaction
Web Wallet

Congrats! Your TLOS is staked and you have received the corresponding amount of sTLOS tokens!

Unstake​

  1. Click the "Unstake" tab
  • Enter the amount to unstake
  • Click "Unstake"
  • Sign the transaction
info

Unstaking TLOS will take 10 days

Web Wallet

Withdraw​

  1. Once your TLOS has been unlocked, you can withdraw your TLOS
  • Click the "Withdraw" tab
  • Enter the amount of TLOS to withdraw
  • Sign the transaction
  • Complete! Your TLOS will now be in your wallet!

Thanks for using sTLOS liquid staking on the world's fastest EVM!

Stake With Teloscan​

Stake​

  1. Head over to Teloscan

  2. Navigate to the staking page

  • Click on the "Burger menu" (top right of the page)
  • Select Stake Telos
Teloscan
  1. Connect Wallet
Teloscan
  1. Input a desired amount you want to lock up and stake.
Teloscan
  1. Add sTLOS token to your wallet
  • Add sTLOS to Metamask
  • Click Stake Telos once you're ready
Teloscan
  1. Confirm the transaction on Metamask.
Teloscan
info

Note: After staking your sTLOS, it will be locked up and earning rewards on a fixed interval of 30 minutes.

Unstake​

  1. Select Unstake Tab
  • To unstake your tokens, enter the amount, then click unstake.
Teloscan
  • Unstaking will swap your sTLOS receipt token for TLOS and transfer it to an ESCROW smart contract. The withdrawn balance will include all rewards. After the defined unstaking period, your TLOS can be claimed.
info

Removing unstaked TLOS from the ECSROW contract is impossible until the unstaking period ends.**

  1. Unstake confirmation message
  • There will be a confirmation message pop-up that explains the unstaking process. Please read and confirm it.
Teloscan
  1. Unstake transaction approval on Metamask
Teloscan

Claim your sTLOS rewards​

info

All matured positions will be claimed in one transaction when the claim button has been clicked and the transaction is confirmed.

Select the desired amount to claim

Teloscan
  • Authorize the transaction via MetaMask

Thanks for using sTLOS liquid staking on the world's fastest EVM!