Locked Staking
Locked Staking is similar to putting your money in a bank fixed term savings account, only with much higher returns.
With Locked Staking you stake your tokens into a special locked smart contract for a set period of time, and in exchange you receive reward tokens at a fixed interest rate. The rewards and your staked tokens will only be available to withdraw to your wallet at the completion of the locking period.
NOTE: While staked in a smart contract your tokens will no longer appear in your wallet, but will be visible by connecting your wallet to the DEX.
How to Stake
A wallet can maintain a maximum of five active locked staking positions, for each token.
Open the side menu and tap on Locked Staking, then choose the token you'd like to stake. Ensure your wallet is connected (see Connecting Your Wallet).
Each term lists the APR you will receive for staking your tokens, with the rewards being paid in the same token. Find the staking term you would like to lock your tokens for and toggle it open via the chevron on the right side.
Enter the number of tokens you wish to stake and tap Enable. You will then be prompted by your wallet app to approve the transaction and pay the associated transaction fee (paid with Binance Smart Chain BNB).
Wait for the transaction to approve and the Enable button to change to a Stake button.
Tap Stake and then tap Confirm.
You will then be prompted by your wallet app to approve the transaction and pay the associated transaction fee (paid with Binance Smart Chain BNB).
Once approved, the transaction will be sent to the network for processing. Though this usually takes only about a minute, when the network is under high demand, transactions can take much longer to complete.
Once the transaction completes, the tokens will be removed from your wallet and will now be displayed as Staked on the DEX. The number of tokens earned, and the number of days until you can collect your tokens will also be displayed.
How to Collect Earnings
You can collect your staked tokens and all earned rewards at the completion of the locking period.
Open the side menu and tap on Locked Staking, then tap the token you are intending to harvest. Ensure your wallet is connected (see Connecting Your Wallet).
Find the staking option containing your collectable tokens, and open it by tapping the chevron on the right side.
Tap the Collect button next to the entry representing your unlocked deposit.
You will then be prompted by your wallet app to approve the transaction and pay the associated transaction fee (paid with Binance Smart Chain BNB).
Once approved, the transaction will be sent to the network for processing. Though this usually takes only about a minute, when the network is under high demand, transactions can take much longer.
When complete, your tokens will be removed from the smart contract and deposited in your wallet.
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