How to Claim Your Earned XL1
You earn XL1 for staking! Learn how to redeem it to an XL1 Wallet here.
Navigate to the Claiming Tab
The top left navigation offers multiple views and actions for your stake. The third tab, "Claim", is where you can view your earned XL1 and redeem it to an XL1 Wallet. Currently, only the XL1 Wallet is compatible with XL1 Tokens, because it is compatible with the XYO Layer One Blockchain. The "Bridge" tab will let you "bridge" tokens between an XL1 Wallet and an Ethereum-compatible wallet, transforming your XL1 into Ethereum ERC-20-compatible XL1 Tokens. This is currently in development.
View Staking Rewards
Connect XL1 Wallet to Confirm Reward Destination
This step requires access to Google Chrome so you can use the XL1 Wallet Chrome Extension.
You will need an XL1 Wallet to receive your XL1 staking rewards. At this step, you will connect your XL1 Wallet, which is a Google Chrome extension, to confirm the XL1 Wallet Account address you want to use to receive your rewards.
If you need to download XL1 Wallet, please follow these instructions.
Once this step is complete, you'll see updated text that states your XL1 Wallet has been confirmed.
Create and Sign a Claim for Rewards
Now that you have confirmed where you want you earned XL1 to go after you claim it, you need to confirm you are the owner of the original wallet you used to stake your XYO Tokens to earn these XL1 Tokens.
At this step, you'll see a pop up in your Metamask that asks you to sign with your wallet. It includes numerous details, such as:
Request From
In the picture below, you'll see "localhost:3000", which is the XYO development team's website when they're testing the flow. In a live setting, this will be our website, which is xyo.network.
Type
Claim Confirmation
This signature is specifically for confirming your new claim for your staking XL1 Wallet
From
Wallet Nickname OR 0x...###
This will be your Ethereum wallet. This may appear as a wallet nickname (such as the one shown below in the example) or as the actual wallet address if you have not set a nickname for that wallet before.
To XL1 Address (shortened)
0xabc123...789def
This is your XL1 Wallet address for your rewards. It will appear shortened.
XL1 Amount
10.0
This is the amount of XL1 rewards going to your wallet. In this example, it is 10 XL1.
XL1 Not before block
129935
This is one half of the expiration time for your request. This request will not be processed before the block listed here.
XL1 Not after block
130935
This is the second half of the expiration time for your request. This request will not be processed after the block listed here, therefore expiring the request.
To XL1 Address
This is the same wallet as your XL1 Wallet address above, but full-length. This is required for us so you can not only see the full address, but also so any Web2 or Web3 services needed to process your request have the necessary machine-readable information.
XL1 Amount (Hex)
8ac7230489e80000
Similar to the second XL1 Wallet address, this is a necessary machine-readable item representing the XL1 rewards you are claiming.
Redeem the Claim for Rewards
In this step, you complete the signed claim you created in Step 2, and receive your XL1 rewards in the XL1 Wallet you confirmed above in Step 1. Once Step 3 is complete, you will receive your XL1 Rewards.
Click the button to continue, and you'll see a loading bar showing the attempted transaction.
The loading bar displays all upcoming blocks that fall within your transaction expiration, also known as a transactions "Not Before, Not After" timeframe, measured in blocks.
When your transaction succeeds, the XL1 rewards will be sent to the XL1 Wallet you designated earlier, and you'll see an alert that the transaction succeeded.
Below the loading bar will be a button to view the transaction on the XL1 Explorer website.
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