February 28, 2024

Staking ZETA using MetaMask! How to add ZETA to MetaMask?

The ZETA (ZETA) coin is a digital currency created for transactions and investments within its own blockchain ecosystem. Similar to other cryptocurrencies, it exists on a decentralized ledger, enabling secure transactions directly between participants. Users can use ZETA coins for staking, purchasing, selling, or holding as investments, as well as for exchanging goods and services within the ZETA network.

Staking in cryptocurrency is similar to earning interest in a bank. By staking ZETA coins, you contribute to the security and functionality of the network, and in return, you receive rewards in the form of additional ZETA coins. To begin staking, follow the instructions below or on the ZETA platform (navigate to ZetaHub through the link, select the Stake section). Staking and participating in liquidity pools are fundamental strategies.

How to Add ZETA Coin to MetaMask?


Video Guide: "How to Add ZETA Coin to MetaMask?"


1) Visit the website (chainlist.org) - the link to the coin itself.
2) To find the coin in the site's search, type zetachain.
3) Connect your wallet.
4) Click on "Add to MetaMask."
5) The coin is added and appears in your wallet.
6) Don't forget to disconnect from the site afterward, as shown in the video guide.

How to Stake ZETA Coins Using the MetaMask Wallet?


1) Go to the website (hub.zetachain.com).
2) Connect your wallet to the Zetachain website.
3) On the left panel, select the Stake section.
4) Choose a validator.
5) Stake your coins and receive your rewards, IMPORTANT!: always leave 1-2 coins in your balance to cover network gas fees. SIMPLY LEAVE 1-2 COINS, and you can stake the rest.
6) How to claim rewards for ZETA staking is shown in the video. Remember, staking.

Risks and Considerations in ZETA Coin Staking

Investing in ZETA coins can yield high profits but comes with certain risks. Market volatility and liquidity risk may impact the value of your assets. It's also crucial to consider the validator risk when participating in a staking pool. Risk management involves thorough research, diversification of investments, and constant monitoring of market conditions.

Attention!
Before staking ZETA, remember:
1) Rewards from staking can be withdrawn and claimed at any time.
2) Staked ZETA coins are locked for 21 days. Withdrawing staked tokens takes 21 days, a common practice in Cosmos ecosystems.
3) Make a deliberate decision, considering all risks!