Mainnet
Last updated
Was this helpful?
Last updated
Was this helpful?
In the example below, we will be showing you how to stake UPS. Feel free to stake any amount you like.
Head over to https://app.upfi.network/governance (Please double check that this is the correct link!)
Connect your wallet
Enter the number of UPS & lockting time you want to stake. Make sure you have sufficient UPS to stake and SOL to transaction fee.
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.
Note:
You can claim xUP reward anytime
You can increase locking time or UPS balance to get more xUP (only be used for 1 tab for 1 time.)
Stake xUP and xUP balance rebases up automatically at the end of every block
Go to the https://app.upfi.network/governance . Select the "Unstake" tab.
Click "Approve" and sign the transaction.
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.
Unstaking xUP before the lock-in period ends incurs an early exit penalty of 50% both Reward and staked UPS
