How to $PHA (Khala/Phala).
Get and Stake (Delegate) $PHA
1. How to get $PHA tokens ✅
1.1. First of all, Khala and Phala have one token for 2 networks💪
The total supply is 1 billion. The tokens of funds and teams have been unlocked for a long time ago. There are mainly reward tokens that are locked.
On November 21, the rewards will be reduced by 25% (while APR will still promise to be damn good). For Khala/Phala halving means reducing rewards by 25%. It happens every 6 months.
1.2. To get and use $PHA you need a wallet that supports Khala/Phala networks. Please, choose one of these: Polkadot.js; Talisman; Subwallet; Nova wallet.
1.3. You can exchange $PHA on CEX: Kucoin, Mexc, Kraken, Gate.io or on DEX: Uniswap.org or Karura swap (for tokens that are in use there: ksm, kar and others). Detailed guide here
Also, here is erc20 standard PHA token on Binance. To transfer to Khala Network, you must first withdraw tokens from Binance to a metamask wallet. Then, through the bridge subbridge.io transfers $PHA to the Khala network.
(Note: the direct transaction of $PHA between Khala and Phala networks is not available as of now.)
Before sending a $PHA token via subbridge.io, make sure the Khala network is selected! The Phala Network (built on Polkadot) has the same $PHA token, but now staking (delegation) and mint is only available from the Khala network!
Bellow is how to interact with subbridge.io
2. How to STAKE (DELEGATE) $PHA 🚀🚀🚀
2.1. Make sure you have $PHA on your Khala account. One of the easiest way to check if you are ready to stake (delegate) it is just connect to https://app.phala.network/
Here are some screenshots to explain the main apps options.
2.2. Your Dashboard — loaded by default when you connected to the apps.
You can see how much $PHA do you have, its current value. Also, you can make direct transfer between Khala accounts — click to “Transfer”.
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In order to start delegate press “Delegate” tab at upper side of the apps.
2.3. Delegate’s tab. Here is a general information about ALL pools. The main recomendation — just explore this panel leisurely.
Choose pool/pools you want to delegate (click “delegate”, digit 1 at screenshot below). Note — before start delegation your can get more details about any pool by looking at its history (you can see details on the next screenshot below).
2.4. Pool history. When you click on Pid the page shown below will open for the pool you choose. Here 4 tabs: APR, Commission, Delegation, Workers. You can see history of chosen pool. Thus, have a greate information how this pool have been performing over time.
2.5. When you have finished with delegation click “My delegate” (digit 2 at the screenshot 2.3. Delegate’s tab). Here is your personal Delegation’s page. You can see information in a format similar to what has shown at sceenshot 2.3. Delegate’s tab, but here is only those pools to which you have delegated your tokens.
You can: claim all rewards at once (digit 2 at the screenshot); claim reward from single pool; delegate more; withdraw; reclaim All Workers.
3. Video
You are welcome to learn about “how to stake” from @KryptosChain video guide.
4. Also you can get Spirit NFT for FREE at PHALA WORLD (the account must have 10 PHA, which can be staked after mint, and ~0.01 pha more than is enough for gas fee).
!СOME and SAVE the broken WORLD!
