How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet

Staking SHIB allows you to passively earn staking rewards weekly. 

How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet

The quantity of rewards you may receive depends on the amount of Shiba Inu (SHIB) you staked. The longer you leave your Shiba Inu tokens in the pool, the more returns you will receive.

Keep in mind that frequently staking and unstaking your Shiba Inu token on Shibaswap will lower your long-term gains.

Please download the last update of Ledger Live Application:

1. Ledger Live for Windows 10/11

2. Ledger Live for MAC

3. Ledger Live for Android

This article’s tutorial describes how to stake Shiba Inu (SHIB) with your Ledger device connect to MetaMask via Shibaswap.

Before you start

  • Update the Ledger device to the latest firmware version.
  • Update the Ledger Live app to the latest version.
  • Make sure that you installed the Ethereum (App) app on your Ledger device.
    • Connect and unlock your Ledger device.
    • Open Ledger Live and go to My Ledger. “If asked, allow access to My Ledger by pressing both buttons on your Ledger device simultaneously.”
    • Navigate to My Ledger, click on the App Catalog, and search for Ethereum (ETH). Once located click on it to Install.
    • Wait for the installation process to finish. You have installed the Ethereum (ETH) app on your Ledger device.
  • If you already have the Ethereum network app on your Ledger device, update it to the latest version.

Before beginning this tutorial, make sure that the Shiba Inu (SHIB) tokens you want to stake are stored in your Ledger Ethereum account. You can buy Shiba Inu (SHIB) from an exchange and send it to your Ledger wallet.

Connect Ledger device to MetaMask

Shiba is an ERC20 token, so you’ll need to connect your Ledger wallet to MetaMask. If you’ve already connected your Ledger device to Metamask before, skip this step and proceed to delegate your SHIB tokens on Shibaswap below.

  • Go to Metamask.io and click on Install MetaMask for your browser.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Add the MetaMask extension to your browser
  • Wait for the extension to be added to your browser. (we recommend Google Chrome)
  • Select Create a new wallet.
  • Once you have created a new wallet. Click on your profile icon and select Connect Hardware Wallet.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Follow the instructions on the screen to connect your Ledger device. To do this: Plug your Ledger device into your computer and open the Ethereum (ETH) app on your Ledger device by navigating to the Ethereum icon and pressing both buttons simultaneously. Wait for your Ledger device to display: Application is ready.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Select Ledger.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Wait for MetaMask to recognize your Ledger device, and click on Continue.
  • A list of accounts appears. These are your Ledger Ethereum accounts.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Select an account by ticking the box then click Unlock.
  • All done! Your Ledger Ethereum account and Cartesi balance will appear in MetaMask.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet

If you still haven’t added SHIB tokens to your Ledger SHIB account, you won’t be able to see any SHIB tokens in your Ledger MetaMask account.

You’ll have to buy SHIB tokens from an exchange. To do this: click on receive in your Ledger MetaMask account, copy the receiving address, and send your SHIB tokens to it via the ERC20 network.

Wait for the transaction to be confirmed and your SHIB tokens will be available in your Ledger MetaMask account.

How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet

Now, you have SHIB tokens available to stake. Remember to add some ETH also to pay for transaction fees.

Stake Shiba Inu (SHIB)

By staking your SHIB tokens on Shibaswap, you’ll get 33% of your Woof Returns to claim weekly, however, the remaining 67% will be time-locked for 6 months.

How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Open your browser. (We recommend Google Chrome)
  • Go to the Shibaswap website: Shibaswap.com/
  • Click on Connect.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Choose MetaMask from the list to connect through your Ledger MetaMask account.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Once you’ve successfully connected your wallet. Click on the Stake Tokens button.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Click on Bury SHIB.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Enter the amount of SHIB you want to Stake and click Approve.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Verify and confirm the transaction on MetaMask, if everything looks good. Sign it on your Ledger device.
  • Now you have successfully staked your SHIB tokens with Ledger MetaMask account.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • To claim your Woof returns, go to the dashboard and click on Farm Tokens!
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • You’ll see your available Woof rewards. To claim it: click on Woof Bone.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet

Unstake Shiba Inu (SHIB)

  • Open your browser. (We recommend Google Chrome)
  • Go to the Shibaswap website: Shibaswap.com/
  • Click on the Stake Tokens buttons
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Click on Bury SHIB.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Click on Unstake. Enter the amount of SHIB you want to Unstake and click on Unstake.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet
  • Verify and confirm the transaction on MetaMask, if everything looks good. Sign it on your Ledger device.
How to stake, Farm SHIB, Shiba Inu Tokens with Ledger Wallet

You’ve successfully Unstake your SHIB tokens.