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How to Stake

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Last updated 5 months ago

Go to the Pools page.

(Auto) logo on pool indicates it is Auto-compounding. BBC pools only.

APR and ROI

Please note the APR and ROI will change all the time depending on the participation level of the farms/pools and general market activity.

In these images the APR, ROI and token prices are based purely on test net activity. They will be different on main net.

Unstake penalty

While it is possible to unstake a flexible stake at any time, there is though a small 4% penalty if withdrawing during first 4 days. After 4 days it is possible to withdraw the principle fully without any penalties.

Find your desired staking pool. Here in this example we will use the $9INCH staking pool.

First you need to have some $9INCH tokens in your wallet. You can buy from the market to get some.

Once you have some $9INCH, proceed to [Enable BBC]

  • Depending on your wallet app, it might ask to set a token spending limit how much you can use, before it needs to ask for a new spending limit.

Review and confirm the transaction in your wallet.

For all supported tokens it is possible to choose between Flexible or Locked staking.

Flexible: Remove principle and harvest rewards any time.

Locked: Remove the principle and rewards only after the locking period has ended and fully served.

In this example we will use the flexible staking.

Once you choose Flexible or Locked staking a new window will appear.

Set amount of tokens you want to stake.

Once you are happy with your choices click [Confirm].

Review and confirm the transaction in your wallet.

  • Depending on your wallet app, it might ask to set a token spending limit how much you can use, before it needs to ask for a new spending limit.

Congratulations, you are now Staked and earning $BBC rewards!

On flexible staking, at any time you can [Insert] more tokens, [Harvest] rewards or [Pull out] the principle.

You can even [Convert to Lock], and open a new flexible stake after.

Max 52 week lock gives a 21x yield boost multiplier and even one week gives roughly 38% extra compared to flexible staking.

Total APR depends of your percentage of the pool vs other participants share.

Just remember you can not withdraw from Locked staking until the locking period is complete and tokens unlock.

Find your desired staking pool. Here in this example we will use the $BBC staking pool.

BBC pools are unique from the others as they auto-compound the rewards while staked.

First you need to have some $BBC tokens in your wallet. You can either buy from the market or provide liquidity and farm to get some.

Once you have some $BBC, proceed to [Enable BBC]

  • Depending on your wallet app, it might ask to set a token spending limit how much you can use, before it needs to ask for a new spending limit.

Review and confirm the transaction in your wallet.

For all supported tokens it is possible to choose between Flexible or Locked staking.

Flexible: Remove principle and harvest rewards any time.

Locked: Remove the principle and rewards only after the locking period has ended and fully served.

In this example we will use the locked staking.

Once you choose Flexible or Locked staking a new window will appear.

Set amount of tokens you want to stake.

Choose staking length (on locked only).

Max 52 week lock gives a 21x multiplier to your principle and even one week gives 38% extra.

Once you are happy with your choices scroll down and [Confirm].

Review and confirm the transaction in your wallet.

  • Depending on your wallet app, it might ask to set a token spending limit how much you can use, before it needs to ask for a new spending limit.

Congratulations, you are now Staked and earning $BBC rewards!

At any time you can [Add] more tokens or [Extend] the lock.

Just remember you can not withdraw from Locked staking until the locking period is complete and tokens unlock.

It is also possible to add an independent Flexible stake while having a locked stake.

Performance fee applies only to flexible staking rewards.

✨
ROI and token values reflect test net prices.
You can review the effect of your choices on LOCK OVERVIEW. This is ofc based on the current market and participation activity. APR and ROI can change while staked.
On locked staking confirmation there is a final disclaimer to remind tokens and rewards can only be withdrawn after staking period is fully served and tokens become unlocked.