# Staking

In Oxbull, staking is a method for users to **qualify for IDOs or Private Sale** whilst **providing an APR of 2.5%**.

To qualify for Oxbull IDOs, the qualifying amounts of $OXI to be staked shall be as per the tiering table below:

<figure><img src="https://1224491665-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F4A60XGboX2z92RYwAw7F%2Fuploads%2FKdM4Mxrl5oPkeBQIqnma%2FOxbull%20Tier%20System.png?alt=media&#x26;token=b31e18de-5318-46bc-957b-30b7c4e67291" alt=""><figcaption></figcaption></figure>

### How to Stake $OXI? <a href="#dc38" id="dc38"></a>

1. Visit <https://oxbull.tech/app/stake>.
2. Under the “Token Staking Route”, users will be able to select the Tier they would like to commit to and stake:

<figure><img src="https://miro.medium.com/v2/resize:fit:1260/1*PHt6JP01Vxe-wWRTmL2iIg.png" alt="" height="446" width="700"><figcaption></figcaption></figure>

3\. Enter the amount of OXI to stake and click “Stake”.

<figure><img src="https://miro.medium.com/v2/resize:fit:1260/1*j1YCEwMK-8jPCBUoKg987A.png" alt="" height="579" width="700"><figcaption></figcaption></figure>

4\. Approve the necessary transactions via wallet and congratulations! The staking is now in effect.

<figure><img src="https://miro.medium.com/v2/resize:fit:1260/1*Y5XRoiRas_KtLPZaIvyXtA.png" alt="" height="454" width="700"><figcaption></figcaption></figure>

5\. Under the “your groups” section, successful staked users are now eligible to join the dedicated Private Group in accordance to their staked tiers.

***

{% hint style="info" %}
Users can now get as many tiers as required in just ONE single wallet.
{% endhint %}

For example, if a user staked double the required amount for Tier 1, they will essentially qualify for 2x Tier 1 , which means that the specific user will have double allocation during IDO/ Private Sale contribution.\
Another example, if a user qualifies for a Tier 1 and Tier 2, the user will have access to both Tier 1 and Tier 2 contribution pool.

<figure><img src="https://miro.medium.com/v2/resize:fit:1260/1*A8vIOH3duYljRhlzM5Fwmg.png" alt="" height="394" width="700"><figcaption></figcaption></figure>

> See the full Oxbull Official FAQ [here](https://oxbull.tech/faq).


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