Note that all the data indicated in the screenshots shared below is only for illustrative purposes and are NOT the final staking pools to be offered on launch date.
Here’s what you need to know.
Staking is an easy way to earn a guaranteed yield — aka passive income — in the crypto-verse.
To begin staking, you’ll have to lock your cryptocurrencies up in a “staking pool” for a fixed period of time to earn rewards. For investors already holding FXF bags for the long term, it’s a simple way to boost returns.
FINXFLO launched its staking feature on 8 Sep 202, and we have iterated our platform to ensure a seamless and secure staking experience.
Step 1: Go to https://yield.finxflo.com
You will see different staking pools for selection. Each differs in staking amount and lock-up periods.
You’ll see a “Start Earning” button on pools available for staking, while pools that have been filled will show a “Fully Staked” button:
You will need to sign in to your FINXFLO account before you can start staking.
Step 2: Login to FXF staking platform
Click on the profile icon on the top right hand corner of the website, you will be redirected to login page
Login with your trading platform credentials.
If you don’t have an account registered with our trading platform, please visit https://trade.finxflo.com to complete the account setup and complete KYC.
Validate with the 2FA (two factor authentication) if needed. After successful validation, you will be redirected to the staking pools page.
Step: 3: KYC Verification
You will have to complete the KYC verification to stake on FINXFLO. Failing to complete the KYC will result in the error message below.
Please note that your FINXFLO account has to be KYC-verified before you can stake or withdraw.
Step 4: Connect Wallet
After completion of KYC, click on Connect to Wallet. Your wallet will be successfully connected to the staking platform.
Step 5: Staking is a two-part process
Part 1: Approve
Part 2: Stake Tokens
Part 1: Approve
Select your staking pool by clicking on “Start Earning” and a pop-up window will appear.
Click on “Approve” to continue:
You will need to approve the request to link your personal wallet for the staking of FXF Tokens.
Click “Confirm” to continue: The transaction will then be initiated. The linking of your wallet for staking is approved once the transaction is successful:
Step 6: Stake Tokens
You can now input the number of tokens you wish to stake:
Once you have stated your staking amount, the total rewards earned will be shown below.
Click “Stake” to proceed:
Your staking is almost complete!
Select “confirm” to initiate the transaction with the gas fees stated:
Wait for your transaction to be processed.
It should take a few seconds to complete:
Step 7: Redirect back to https://yield.finxflo.com
The page will be refreshed and you will be redirected back to https://yield.finxflo.com.
You will be able to see how much you have staked in the chosen pool:
Step 8: Claim your staked tokens
Upon completion of staking duration, you can visit https://yield.finxflo.com to claim your staked tokens, along with the rewards.
*For users who have already staked in our pools, you will be able to withdraw without being KYC-verified once the pool tenure ends.
Login to your account and click the “Claim” button:
Upon claiming your tokens and rewards, you will see the staking pool completed card:
There you have it, 8 easy steps to stake and claim your FXF tokens 😊
Get your wallets ready to begin staking and earn rewards today!