$XCT Token Incentive for Citadel.one Delegators and Users: Ultimate Guide
We congratulate all Citadel.one users on the day of the token launch! The launch of DAO brings a lot of changes to our platform every day. Of course, all these changes are aimed at improving the user experience and increasing the efficiency of your investments.
In this regard, we have good news for the holders of 8 cryptocurrencies integrated into our platform: Cosmos, Secret Network, Akash Network, Kava Labs, Band Protocol, Tezos, IOST and ICON. If you are the holder of one of these cryptocurrencies, then you have the opportunity to receive rewards in XCT with over 28+% APY in XCT for staking one of these currencies through our nodes on top of you staking rewards.
In this article, we will tell you how to start receiving $XCT rewards in 7 simple steps. So let’s move on!
Step 1. Sign up in Citadel.one platform
Go to app.citadel.one and sign up with your most preferred and convenient method.
If you have not interacted with the Citadel.one interface before and have questions about working with wallets, then check out our Ultimate Wallet Guide. There you will find all the answers to your questions.
NOTE: Citadel.one is a non-custodial platform. Your private keys will be safely stored offline in your browser and will be additionally encrypted with a payment password.
Here’s also a video on how to create a one seed wallet:
Step 2. Go to the DAO page
Actually, after you have logged in to the Citadel.one application, you will see an interface where you will need to click on the “DAO” button in the upper right corner.
Step 3. Assign the Balance Smart Chain address
In the window that appears, click the “Get your XCT” button.
IMPORTANT: Before you start, make sure that you stake your assets with Citadel.one nodes via the Citadel.one platform.
Step 4. Choose the BSC address
You will need to choose some Binance Smart Chain address to configure for XCT rewards.
If you don’t have BSC address yet, you can create one in few clics, just press “Add Wallet” in the lower left corner of the window and choose your most preferred option.
Step 5. Assign Addresses
In the next step you can see all addresses that can be assigned for XCT reward distribution.
Reminder here are all the networks eligible for the XCT incentive: $ATOM, $SCRT, $AKT, $KAVA, $BAND, $XTZ, $IOST, $ICX ($OSMO SOON!).
Step 6. Confirm an Assignment
Enter your payment password and click on “Finish” button.
You can always remove or add more addresses at any time.
Step 7. Double-check the assigned addresses
After assigning addresses, you can see all the addresses you have selected in the window that appears.
We recommend that you double-check the resulting list again and make sure that you have assigned all the addresses you need.
If everything is shown in the list as you have selected, then click on the “OK” button.
You also can configure multiple BSC address or change it to another at any time, just click on the “Manage”.
Congratulations! After completing these steps, you can receive rewards in the $XCT to your assigned BSC address!
XCT rewards should start accumulating instantly. Here’s a video guide how you can check them:
or simply use this guide:
IMPORTANT: Be careful and double-check the contract address of the token you are buying:
$XCT BEP20 Address: 0xe8670901e86818745b28c8b30b17986958fce8cc
If you have further questions, drop us a message to support@citadel.one. You can also join our chat in telegram, there is an active discussion of all current updates, as well as round-the-clock support from our managers.
About Citadel.one
Citadel.one is a non-custodial Proof-of-Stake platform for the management and storage of crypto assets. Users can create public addresses for all supported networks with one seed phrase, connect their Ledger or Trezor device, or import an address generated by another wallet.
The analytical dashboard provides relevant information on wallets’ balances and networks’ main metrics. In Citadel.one, we standardize the semantics, making interactions with the platform as easy as possible. The same goes for network metrics. By using universal terms, we are making it easier for users to understand and compare networks.
One of the main functions of the Citadel.one platform is participation in the PoS consensus — users can stake and delegate their assets, claim rewards, and follow the latest network proposals in the voting tab.
Citadel.one offers its users instant cryptocurrency exchange services that allow fast and secure crypto assets swap. It is also possible to buy and sell crypto with a credit or debit card. Citadel.one users can track rewards, withdrawals, transfers, and deposits across all supported networks and add comments to these transactions.
Among PoS platforms, Citadel.one supports BAND network ($BAND) Secret Network ($SCRT), Cosmos ($ATOM), ICON ($ICX), IOST ($IOST), KAVA ($KAVA), BSC and Tezos ($XTZ). We also support Ethereum, Bitcoin, and Tether ($USDT) for our users’ convenience. Mobile and desktop versions, new networks, including Polkadot are scheduled for the upcoming updates. Furthermore, delving into the idea of true decentralization, we envision Citadel.one a decentralized autonomous organization and a genuinely community-owned platform in the nearest future.
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