Staking

Staking

1. Introduction to Staking

Staking allows users to earn interest on selected assets by locking them for a fixed duration. This service eliminates the operational burden while ensuring access to high-quality staking projects.

Key Features:
- Fixed-Term Staking: Choose between 30, 60, or 90 days.
- Auto-Renewal Enabled: Staking requires auto-renewal to be activated.
- 24-Hour Frozen Period: Assets are frozen for the first 24 hours after staking.
- Daily Interest Payouts: Interest is credited daily after the frozen period ends.
- No Interest for Early Redemption: If assets are unstaked before interest is credited, no rewards will be paid.


2. How Staking Works

2.1 Staking Timeline Overview (Example)
EventTimeframe
Start Date2025-02-13 10:28
First Interest Payout2025-02-14 22:00
Interest Payout FrequencyDaily
End Date (Example: 60-Day Staking)2025-04-15 22:00


3. How to Stake

Step 1: Access the Staking Section
- Log in to your account.
- Navigate to the "Earn" section.

Step 2: Choose a Staking Asset
- Browse the available staking products.
- Select the asset you wish to stake.
- Select "Stake" from the available options.

Step 3: Choose a Staking Terms
- Choose the staking duration (30, 60, or 90 days)
- Input the amount of assets to be staked.
- Ensure auto-renewal is enabled (required for staking).
- Review the staking terms.
- Click “Start Staking”.


4. Interest Payout & Redemption

4.1 Interest Payout Schedule
- Daily Payouts: Rewards are credited at 22:00 UTC each day after the first payout.
- First Interest Payout: Occurs after the 24-hour frozen period ends.
- Interest is NOT paid if unstaking occurs before payout time.

4.2 Redeeming Staked Assets
- Standard Redemption Process
- Navigate to "Wallet" > "Earn" > "Staking".
- Select the staked asset you want to redeem.
- Click “Redeem” and confirm.

The principal amount will be released at the end of the staking period.

Early Redemption
Interest will not be credited if assets are unstaked before payout. Early redemption releases assets but forfeits all accumulated rewards.

Go to the "Wallet" > "Earn" section.
Find the Earn product and click "Redeem."
Enter the redemption amount and confirm.


5. Auto-Renewal Settings

5.1 How Auto-Renewal Works
Auto-renewal is mandatory when staking assets. At the end of the staking period, funds will automatically be restaked for the same duration unless manually turned off.
If the user does not want auto-renewal for the next cycle, they must disable it before the staking term ends.


6. Frequently Asked Questions (FAQs)

Q: Can I disable auto-renewal after staking?
Yes, auto-renewal can be disabled at any time before the staking period ends.

Q: What happens if I unstake my assets before the payout time?
No interest will be credited if you unstake before the daily payout at 22:00 UTC.

Q: How do I track my staking earnings?
Go to "Wallet" > "Earn". Click “Staking History” to view past transactions and interest payments.


7. Summary of Staking Terms

FeatureDetails
Staking Durations30, 60, 90 days
Auto-Renewal RequirementMust be enabled at the time of staking
Frozen Period24 hours
Interest Payout FrequencyDaily at 22:00 UTC
First Interest PayoutAfter frozen period ends
Early Redemption ImpactNo interest is credited if unstaked before payout time
Auto-Renewal ManagementCan be turned off before staking term ends