How to Stake
Last updated
Last updated
Go to the Pools page.
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.