CLH Staking Pools Overview
Network: Ethereum
Start Time: 12:00 UTC, October 3, 2022
Total Staking Rewards: 50,000,000 CLH
Reward Distribution: 8-year linear distribution
Fixed-term Pools: 7, 30, 90, 180 days
🚀 CLICK HERE to join the $CLH staking now! 🚀
Staking Participation
Reading this guide to have a quick understanding of how to stake and withdraw in the $CLH Staking Module. If you need a video clip to further see all the details, click here, or see the FAQ for the staking here.
(Please note that the images below used for illustration are from a test environment and do not affect $CLH on Ethereum mainnet.)
Step 1. View the four pools and stake your $CLH immediately
1. Click the “Connect Wallet” in the upper right corner, and it will change to cyan if successful;
2. Browse four staking pools to see the total staked amount and APY for each pool, and select the appropriate pool and enter an amount;
3. Before clicking Stake, please note that “Automatic Reinvestment” is enabled by default. If you need to withdraw your staked amount and return once the staking period ends, please uncheck it;
4. Click Stake, and wait for the Metamask pop-up window to confirm the transaction. It will be a while for the blockchain to confirm this transaction, and during this time, the Stake button turns into a circled state;
5. Pay attention to the “transaction successful” pop-up window in the upper right corner once everything is completed on the chain.
Step 2. Check your Positions
1. Click the “Position” button to go through all your staking history, where you can see the staking period, duration, and maturity date;
2. You can also see the cumulative accrued rewards and ARP (Annualized Rate of Return) here for each trunk of your staking history. (Namely, the actual return rate for your staking principals);
3. The “Automatic Reinvestment” feature is enabled by default; your principal and rewards will be automatically re-staked into the next round of staking immediately.
4. Do remember to toggle it off before you stake, or cancel it at any time before the staking period ends before your staking period ends if you want to withdraw your investment.
Step 3. Re-stake or withdraw your stake once your staking expires
1. Take the 7-day staking in the GIF below as an example, the record for which we unchecked the “Automatic Reinvestment” has expired and been ready to be “re-stake” or “withdrawn”, while the other 7-day staking has been automatically staked to the next 7-day cycle, and will continue to restake as long as the “Auto-Reinvestment” button is on;
2. Then, there are two choices next. You can click “Restake”, compare the APYs for four pools, and select the one you prefer to stake. You can make principal and rewards restaked in lumpsum, or just put a portion of your principal to restake and withdraw the rest;
3. If you withdraw or re-stake part of the expired staking, the amount will be deducted from the reward first and then the principal. For example, in the below GIF image, we have an expired 7-day stake with a balance of 1,000,000 CLH principal + 10,112.91 CLH; after we restake 500,000 CLH, the balance displayed on the panel has become 510,112.91 CLH in principal that is ready for withdrawal;
4. Once you click the “Withdraw” button and sign the transaction, the principal and rewards will immediately be delivered to your address, executed by the smart contract. There is no maximum withdrawal limit or cooling-off period.
Advanced I. Trace your NFT staking credentials on Etherscan
1. You will receive a staking credential in the form of an NFT to unstake and withdraw your staking. You can check your NFT staking credentials on Etherscan;
2. The image below illustrates how to check your NFT credentials. You can see that the NFT with id 7 was minted when we staked a week ago and destroyed after we withdrawed the staked principals and rewards;
Advanced II. Transfer your NFT staking credentials to others
1. You can transfer your NFTs to others, or receive NFTs from others. The CLH staking system will check your wallet’s NFT balance after connecting and visualize details including terms, stake principal and rewards, which you can redeem when the staking periods of NFTs expire;
2. To transfer your NFT credentials to others, you need to visit the NFT marketplace, as the Metamask extension does not currently support ERC721 or ERC1155 transfers;
3. In the image below, we went to Opensea to visualize and transfer the selected NFT to another address. Afterwards, we can see that the relevant stake record was immediately removed from our position panel and displayed on the receiving panel after connecting to the CLH Staking Module.
Something important to know
- It is important to note that CLH staking follows a fixed-term lock-up model, and once users deposit their $CLH to the staking pools, they cannot exit the pool until the end of its corresponding staking duration;
- You can allocate your CLH to different staking pools as needed. There is no limit to the pool size, so you can stake as much as you want. All results will be aggregated in the “Positions” panel, which acts as a dashboard to view your stake status and perform one-click unstakes or withdrawals;
- Your stake will start earning at 0:00 (UTC) the next day you stake. Therefore, the “Reward” shown in your “Positions” panel is the total earnings as of yesterday.
- Lastly, please make sure you have enough ETH in your wallet for the staking transaction to go through.
Let’s stake ‘em!
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