How to Stake Your NBT in Nanobyte.finance
Before we start staking, make sure that you have the following:
1. Crypto wallet app. We recommend using Metamask or Trust Wallet!
2. Connected to BNB Chain. Learn how to connect to BNB chain here à https://docs.pancakeswap.finance/get-started/connection-guide
3. Prepare some BNB on BNB chain for gas (0.01 BNB should be enough for your staking transactions), and some amount of NBT that you want to stake
If you don’t know how to buy NBT, you can read it here à https://medium.com/@nanobyte.io/how-to-buy-nbt-on-pancakeswap-becca7570d16
Let’s start!
- Navigate Yourself to The Staking Website (https://staking.nanobyte.finance/), Then Press “Stake Now”
2. Press “Connect Wallet”, Then Select Metamask Regardless of What wallet You Are Using
3. Press “Enable Contract”, Then Approve The Transaction in Your Wallet
4. There will be two new buttons showing up now: Flexible and Locked:
a. Flexible staking gives you the freedom to unstake anytime. To do flexible staking, press “Flexible” and input the NBT that you want to stake, then press “Confirm” and approve the transaction in your wallet
b. Locked staking requires you to lock your NBT for a certain period of time, but with a bigger yield compared to flexible staking (up to 600% more!). To do locked staking, press “Locked”, then input the amount of NBT that you want to lock and the lock duration you want, then press “Confirm” and approve the transaction in your wallet
c. Remember that you can always hit the calculator button to do a staking simulation, and know how much you can get before you commit to the staking!
5. And Your NBT is Staked! You can check your overall staking position when you press “View Details” and scroll down a little bit, and you can press “Harvest” anytime to claim your earned NBT, but do note that this will cost some!
6. To Unstake, you can scroll down to the bottom of the page and select which NBT transaction you’d like to be unstaked. Note that NBT in locked staking can only be unstaked after the unlock time stated
