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Hey guys, in today’s video we are going to learn everything about SandBox Staking, and how to make passive income by investing and staking the Sand token.
The Sandbox is a decentralized, community-driven gaming ecosystem where players can build, own, and monetize their gaming experiences in the Ethereum blockchain. The Sandbox uses several token types to ensure a circular economy between all the types of users who will interact with the platform: players, creators, curators, and land owners.
To understand how the staking works and what are the rewards, you will need to go to the Sandbox game and sign up with your MetaMask wallet (make sure you have some Matic tokens there). Then go to SandBox Website, and click on “staking”. To stake liquidity, you need to add it first. Go to the QuickSwap exchange, and buy some Sand tokens. Then click on “pool”, and approve the transaction. Once you have liquidity, go back to the SandBox and click on “deposit”.
We will see what kind of rewards we have and I will guide you through every step of how to get started and stake your Sand tokens.
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Related Videos:
How To Connect Polygon Matic To Metamask (Complete Setup Tutorial):
How To Download, Create, And Use Metamask Wallet (Complete Beginners Guide):
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Useful links:
SandBox Staking:
QuickSwap Exchange:
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Timestamps:
00:00 Intro
00:49 Opportunities On SandBox
02:28 How To Stake Sand
06:33 Outro And Summary
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#StandBox #Staking #SandToken #Polygon #Ethereum #Tutorial #Guide #DEFI
The content in any of Johnny’s Youtube videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information.
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
I am just sharing my knowledge and my findings.
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Until next time,
Johnny Time
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