As a Liquid Staker
How to use GoGoPool as a Liquid Staker
When you liquid stake with GoGoPool, your $AVAX goes directly towards growing the Avalanche network and getting more subnets and validators launched.
Your AVAX is staked into a deposit pool. These deposit pool funds are then used to match with node operators who want to become a validator for Avlanche's primary network. To learn more about how Avalanche utilizes proof-of-stake validation, check out Avalanche's official documentation.
Every Subnet requires validators to operate, and every Subnet validator must also validate the Avalanche Primary network. Currently, there is no cohesive way for Subnets in need of validators and validators who want to validate Subnets to get in contact. GoGoPool aims to solve this by incentivizing node operators to run through the protocol, in order to create a set of validators that are oriented towards helping Subnets.
The visuals below show how to liquid stake on Fuji. The steps are the same as on Mainnet.
Your wallet provider will prompt you to transfer AVAX
Check your wallet to see the ggAVAX.
A success message will be visible at the top of the screen
The ggAVAX should be visible in your wallet. If you do not see it, make sure you have imported ggAVAX.
Last modified 3mo ago