Staking has become a popular way to earn passive income in the crypto world. MoneyDogs, a mini-app accessible via Telegram, that allows users earn what they refer to as MDOGS offers an easy and secure way to stake your tokens and earn rewards. In this guide, we’ll walk you through the process of staking on MoneyDogs using Telegram.
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What Is MoneyDogs?
MoneyDogs is a decentralized staking platform integrated with Telegram. It allows users to stake supported cryptocurrencies directly from Telegram, eliminating the need for complex third-party platforms. It offers automated rewards, transparency, and real-time updates.
Why Stake on MoneyDogs?
- Ease of Use: No complex wallets or apps required.
- Automated Rewards: Earn passive income without active trading.
- Security: Funds are secured through blockchain-based smart contracts.
- Transparency: View your staking history and rewards at any time.
How to Get Started
1. Open the MoneyDogs Telegram Bot
- Open Telegram and search for the official MoneyDogs bot.
- Tap Start to initiate the bot.
2. Ensure Your Wallet is Set Up
- If your wallet is not connected, choose the option to connect or create a wallet.
- Follow the prompts to set up a secure wallet or connect an existing one.
4. Stake Your Tokens
- Select the Stake option from the bot menu.
- Choose the Launchpool you are qualified to stake on. There are 3 different Launchpools, each pool has a different MDOGS reward pool. Super Pass & Buyer Pools are ONLY accessible to users who qualify.
- Enter the amount (minimum 1000 $MDOGS ) you wish to stake and confirm the transaction. ‘%’ rate is what you will be getting after staking your MDOGS until 12/22. – If you have 1000 MDOGS and reward rate is 2000% => You get 20,000 MDOGS after 10 days
5. Monitor Your Staking Progress
- Use the Dashboard feature in the bot to check your staking balance.
- Track rewards, withdrawal options, and staking history.
How to Unstake Tokens
- Open the MoneyDogs Telegram Bot.
- Click on the unstake tab, this will show you the button to unstake
- Click on the unstake button and confirm the transaction.
Tips for Successful Staking
- Stay Updated: Follow MoneyDogs’ official Telegram channel for updates.
- Read the Terms: Understand staking conditions, lock-up periods, and withdrawal fees.
