Upfi
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  • How do I stake?
  • How to Unstake

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  1. USING THE WEB
  2. Stake UPS

Devnet

PreviousMainnetNextFarming & UPFI protocol

Last updated 3 years ago

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How do I stake?

In the example below, we will be showing you how to stake UPS. Feel free to stake any amount you like.

  • Head over to http://testnet.upfi.network (Please double check that this is the correct link!)

  • Connect your wallet and choose Solana devnet from your wallet

  • Enter the number of UPS you want to stake. Make sure you have sufficient UPS to stake and SOL to transaction fee.

    • You should get UPS here http://testnet.upfi.network then click faucet ( need to connect your wallet in advance)

    • You can get SOL for gas fee at https://solfaucet.com/ then enter SPL address account and click Devnet

  • Note: You can choose to lock in UPS between at least 7 days and up to 2 years. The longer you stake UPS, the more xUP you will get.

  • Voilà! You have successfully staked your UPS. Now watch it compound and grow.

How to Unstake

  1. Go to the Stake page UPFI Network website. Select the "Unstake" tab.

  2. Enter the amount of xUP that you would like to unstake in the input field.

  3. Click "Approve" and sign the transaction.

  4. After the "Approve" transaction has been processed successfully, click "Unstake" and sign the transaction.

Note: The "Approve" transaction is only needed when staking/unstaking for the first time; subsequent staking/unstaking only requires you to perform the "Stake" or "Unstake" transaction.