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Automate Staking Rewards Claiming with Chainlink Automation - Guide
Currently THALES staking rewards need to be claimed manually by users on a weekly basis or the weekly reward is forfeited. The rewards do not roll over to next week automatically!
With the recent implementation of
claimOnBehalf method in the THALES staking contract, it is finally possible for individual stakers to explore automating their award claiming and thus improve their UX significantly.This page will guide you through the steps of setting up a Chainlink Automation weekly task for auto-claiming your weekly staking rewards.
Chainlink Automation requires LINK tokens for gas to function.
You should have at least 2 LINK in your wallet that will be used to deposit and fund the task you are creation in one of the the task creation process steps.
Navigate to the THALES token Account Preferences page: https://thalesmarket.io/token?activeButtonId=account-preferences
Make sure your wallet used for staking THALES is connected to the dapp.
Click on the
ENABLE CLAIM ON BEHALFbutton that is located in the bottom left corner of the page.After the "Claim on behalf" pop-up window opens, in the address input field make sure to input the following CLA Registry address:
0x75c0530885F385721fddA23C539AF3701d6183D4After inputting the CLA Registry address, click on the
Enable button and confirm the transaction.Connect your wallet to the dapp.
If you want to automate staking on Optimism Network, make sure your wallet and automation dapp is connected to Optimism.
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If you want to automate staking on Arbitrum Network, make sure your wallet and automation dapp is connected to Arbitrum.
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Click on the
Register new Upkeep button. Choose
Time Based.In
Target contract address input field, input the following THALES staking contract address for the respective networks:After inputting the contract address, choose the following function:
claimRewardOnBehalf
Input your wallet address that you use for staking THALES in the accountaddress input field.To Specify your time schedule, in the
Cron expression input field, input the following expression:0 9 * * 2This Cron expression signals timed execution for the automation job to be every Tuesday at 09:00 UTC.
Proceed to the next page, which should look like this:
Scrolling down beneath these details, input your desired
Upkeep name in the Upkeep details tab.Input the desired amount of LINK funding for the upkeep in the
Starting balance (LINK) input field. The amount should be at least 2 LINK.Tick the box which confirms you accept the Terms of Service and click on the Register Upkeep button.
Confirm the transaction and you have successfully automated your weekly THALES staking rewards claims using Chainlink Automation!