Ternoa Staking is Now Available in Fearless Wallet

TL;DR:

• Ternoa native token (CAPS) staking is now available in Fearless Wallet
• Earn up to 15% APR for CAPS staking (max APR for restake option)
• Staking CAPS is now simple with a fearless and intuitive interface

With the latest release of Fearless Wallet, Ternoa’s native token, CAPS, is now available to stake. This feature brings an exciting opportunity for all CAPS holders to earn up to an impressive 17% APR (max APR for restake option) via an intuitive and user-friendly interface.

Gone are the days of complex staking interfaces. With Fearless Wallet, staking CAPS has become a fearless process!

If you’re excited to get started, here’s a quick guide:

If you are new to Fearless Wallet, you need to download the app first.

Once in the app, you can import an existing wallet or create a new one — here is a quick guide.

With CAPS tokens in your Fearless Wallet, navigate to the ‘Staking’ tab.

Tap on the top panel under the ‘Staking’ header and select Ternoa Mainnet.

Provide the amount of CAPS you wish to stake and choose your preferred reward output and click ‘Continue.’ Choosing ‘Restake’ will result in your rewards being automatically added to the staked amount and work in the way of compound interest. ‘Payout’ will allow you to set up a wallet you’d like to use for receiving the rewards.

As with other networks available for fearless staking, you can select suggested validators or choose your own if you have a trusted validator that you are already familiar with.

After reviewing the network fees and ensuring all the details are correct, tap confirm, and you will successfully be staking CAPS!

If you were previously staking validators through another platform, don’t worry. If you’re using the same account, your validators will appear automatically, and you’ll have the option to increase, decrease, or remove your stake.

Thanks to Fearless Wallet, managing your validators and staking CAPS has become effortless.

Please let us know if you have any questions about the feature on our Support Channel or would like to suggest more improvements in our Telegram Community.

Stay Fearless!