TrustWallet Launches IoTeX Staking/Voting dApp!

IoTeX
IoTeX
Apr 17 · 5 min read

What is TrustWallet?

Trust Wallet is a mobile wallet app that lets you send, receive and store cryptocurrency tokens, including IoTeX. Designed with a focus on simplicity, Trustwallet aims to provide a platform that’s easy and straightforward to set up and use. TrustWallet was acquired by Binance in July 2018.

How to Stake/Vote using TrustWallet?

In this section, we provide step-by-step instructions on how to vote using the IoTeX staking/voting dApp on TrustWallet. For any questions, please reach out to the official TrustWallet Telegram or IoTeX Telegram.

Step #1: Install TrustWallet

The first step is to install TrustWallet on your mobile device. TrustWallet is available for Apple, Google Play, and Android on the TrustWallet website:

Step #2: Add IoTeX to TrustWallet

After installing TrustWallet, add IoTeX by clicking the search icon on the top right. You may transfer existing IOTX and other tokens to TrustWallet, or purchase new tokens in the app directly.

Step #3: Open the IoTeX staking/voting dApp

Now that you have IOTX tokens (and some ETH for gas fees) in your TrustWallet, it’s time to VOTE! Start by visiting the “dApps” section of TrustWallet.

Step #4: Vote for Delegates

There are 50+ IoTeX Delegates with unique backgrounds to choose from on the voting website. You can vote for as many Delegates as you want with a single account. We recommend dividing your total tokens into at least five buckets, which lets you vote for up to five Delegates.

  • Setting a stake duration gives you bonus votes, which will reduce every day and converge to zero when the stake duration expires
  • Choose auto-stake on/off. “On” means your stake duration will be locked and your voting power will be retained until you turn off auto-stake.

Changing your Votes

After making your votes, you can update your votes and change your voting buckets in several ways on the “My Votes” page:

  • Restake: extend your stake duration or turn on/off auto-stake at any time
  • Unstake: if you do not set a stake duration or your stake duration has expired, you may unstake your tokens — the process takes 3 days before you can withdraw to your wallet
  • Withdraw: after the 3 day unstake period, you may withdraw your tokens to your wallet

What’s Next?

We hope you enjoy the IoTeX voting process — your participation in voting makes the IoTeX network more efficient and secure. If you have any issues or questions regarding voting using TrustWallet, please reach out to the official TrustWallet Telegram or IoTeX Telegram.


About IoTeX

Founded as an open-source project in 2017, IoTeX is building the world’s leading privacy-centric blockchain platform for the Internet of Things (IoT). Their mission is to build a decentralized trust fabric for a new era of collaboration and data exchange among devices, applications and people. Backed by a global team of research scientists and top engineers, IoTeX combines blockchain, trusted hardware and edge computing to realize the full potential of IoT.

@iotex

IoTeX is the auto-scalable and privacy-centric blockchain infrastructure for the Internet of Things (IoT). IoTeX is bringing autonomous device coordination to the masses by "connecting the physical world, block by block".

IoTeX

Written by

IoTeX

The Privacy-Centric Blockchain Platform for IoT

@iotex

@iotex

IoTeX is the auto-scalable and privacy-centric blockchain infrastructure for the Internet of Things (IoT). IoTeX is bringing autonomous device coordination to the masses by "connecting the physical world, block by block".