STAKEFLOW-docs
  • STAKE FLOW 🥩🌊
  • 1️⃣Introduction
  • 2️⃣Vision
  • 3️⃣The Plan
  • 4️⃣A GUIDE FOR POOL CREATORS
  • 6️⃣A GUIDE FOR USERS (STAKERS)
  • 5️⃣STAKE FLOW TOKEN INFO
  • 🌐Official Links and Contract Addresses
Powered by GitBook
On this page

A GUIDE FOR USERS (STAKERS)

PreviousA GUIDE FOR POOL CREATORSNextSTAKE FLOW TOKEN INFO

Last updated 23 days ago

SIMPLICITY is key, for both deployers and users/stakers of STAKE FLOW staking pools!

Please join our telegram for any specific questions! TO STAKE TOKENS AND EARN REWARDS: 1. Navigate to the STAKE FLOW dApp! 2. Connect your wallet. Make sure you are connected to the correct blockchain (i.e SOL, BNB or ETH)

3. Navigate to the pool you would like to use! Select "SHOW DETAIL"

4. Make sure you are connected with the wallet that contains the tokens you would like to stake! 5. Select 'STAKE'. In the dialogue box that appears- Enter the amount of tokens you would like to stake in the proper field. Or select '25%' '50%' '75%' or 'MAX' (max is your entire wallet holdings of that token). 6. Select 'APPROVE'

  1. A dialogue box will appear from your wallet to 'APPROVE TOKENS FOR SPENDING'. This gives our dApp permissions to transfer tokens from your wallet into the STAKE FLOW staking pools so you can earn rewards.

  2. After you have approved tokens, select 'STAKE' once more. A new dialogue box will appear. Select 'CONFIRM'. This action transfers tokens from your wallet into the staking pool

  3. View your rewards in 'REWARDS' area of the staking section. To claim your rewards, select 'CLAIM '. Be wary of gas and transaction fees. Typically you want the reward value to be greater than the transaction fees before you claim!

  4. MAKE SURE YOU CLAIM ALL PENDING REWARDS BEFORE YOU UNSTAKE! If your pool has a lock, and you wish to withdraw: the creator of the pool may enforce a penalty for early unstaking! The dialogue box will show 'EMERGENCY UNSTAKE' in this case. Otherwise the box will show 'UNSTAKE' if you are not violating the staking pool's lock period!

  5. To unstake, select the 'UNSTAKE' tab near the top of the staking section! (or EMERGENCY UNSTAKE if conditions in #9 are relevant). Enter your desired unstake amount in the 'AMOUNT TO UNSTAKE' field. Or you can select 'MAX' unstake your entire position. Select 'UNSTAKE TOKEN' and confirm the transaction. NOTE: BE AWARE OF ANY LOCK PERIODS, IF ANY! DO NOT FORGET TO CLAIM YOUR PENDING REWARDS BEFORE UNSTAKING!

6️⃣
https://t.me/STAKEFLOW_DEFI