Phala Network (PHA) Staking Interest Calculator | Staking Rewards

Step 1 – Setting up your Phala Wallet

Download the Polkadot-js extension and install on your prefered browser.

Open the Polkadot-js extension and create a new account.

Select Network “Allow use on any chain”, enter the descriptive name and password and click “Add account with the generated seed”.

Step 2 – Finding your Phala Wallet Address

Go to to Phala dApp and authorize the access to your wallet.

After this, you can find your wallet address under your wallet name.

Step 3 – Selecting your Phala StakePool

Enter Phala Network’s delegation page

The first page of delegation is a list of StakePools, which allows users to select and delegate. All data in the list can be sorted. Here you can see what your expected return, the fee for delegating and the size of the StakePool is.

Make sure that the Remaining column is larger than your desired Phala deposit. Otherwise you can’t deposit.

Step 4 – Delegating your $PHA

Click on the Dots on the right-hand side and after this on the popping up Delegate button. Here you enter the amount you want to delegate. Then click Confirm and wait for the signature to complete the delegation successfully.

You have successfully staked your Phala ???

Step 5 – Check Delegation

On the delegation page you can check your delegated StakePool by clicking on My Delegate.