I’m currently away and won’t be able to stake until closer to the end of the month.
Just checking, as long as I stake before May 1st, will I still qualify for the first round of rewards? Or is there any reason I’d need to do it earlier?
Hey @wolfbot,
As long as everything is set up and verified before 00:00 UTC on the 1st of the month, you’re good to go.
That means creating your Vault, connecting your wallet, and completing the ADA verification step (for Cardano), or staking your tokens via the smart contract (on Base). Once that’s done, you’ll be included in that month’s staking cycle.
For Cardano, a snapshot is taken right at the start of each month. For Base, your 30-day staking period also begins on the 1st. In both cases, rewards are only given if your tokens stay staked and untouched for the full duration.
So you don’t need to rush, just try not to leave it to the very last minute in case anything takes a few minutes to confirm.
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Perfect, that clears it up.
I’ll get it staked a day or two before May 1st to be safe. Don’t want to miss out on those rewards now that they’re back!