The Dragon Awaits — League of Stakes Part Two
A guide on how to stake your RVX tokens with the upcoming League of Stakes release!
Awakening the Dragon — Upcoming League of Stakes Launch Date 🐉
We are proud to announce that the dragon will exit its lair on July 6th, 2020 at 10PM SGT and staking will finally begin! Mark your calendars and set your alarms, the king of League of Stakes awaits 👑
Join our Telegram Announcements channel here
Deep dive into Part One here if you haven’t already
Part one covers the in-depth League of Stakes reward structure as well as the Stake-to-Burn mechanism:
How to participate in League of Stakes
This guide includes how to participate using the League of Stakes web app as well as the League of Stakes Dapp in the RX Wallet. Stay tuned for the release of League of Stakes — the dragon is still in its lair!
**League of Stakes will only support WRC-20 RVX!**
RX Wallet Guide:
Step 1. Download and install the latest version of RX Wallet from our website using the link below. (Keep in mind, we will be releasing a new version which includes the League of Stakes Dapp once League of Stakes goes live).
Download RX Wallet here, find the RX Wallet overview and set-up guide here.
Step 2. Once you have set up your RX Wallet, ensure you have your RVX tokens deposited and a small amount of WAN for gas fees(1 WAN is sufficient). Click on the League of Stakes Dapp on the left.
Step 3. You will notice your main RX Wallet address is already connected in the top right-hand corner. Click on “Start Staking”.
Step 4. Enter the amount of RVX you wish to stake, then click “Deposit”.
Step 5. Click on “Yes” to confirm the popup. This will allow the League of Stakes Dapp to interact with your RX Wallet address.
Step 6. You will see a confirmation message on the top left. Your RVX has been deposited and you are now earning rewards! Once you have earned some rewards, click on “Claim Rewards”.
Step 7. To withdraw your tokens, click on “Withdraw”, enter the amount you wish to withdraw and click “Withdraw” on the pop-up.
Step 8. You will see a confirmation message on the top left. Your RVX has been withdrawn and sent back to your main RX wallet address.
Web Guide:
Step 1. Head over the League of Stakes website (link will be shared once we go live!)
Step 2. Click on “Please Click to Select A Wallet” in the top right-hand corner.
Creating a browser Wallet
Step 1. Click on Browser Wallet from the drop-down menu and enter a secure password. Click Next.
Step 2. Backup your Recover Phrase (Seed words). Write them down on paper and store it securely!
Step 3. Confirm your Recovery Phrase (fill in the missing words). Click Next.
Step 4. Click the checkbox, then click “Create”.
Step 5. Your Browser Wallet is now created. Click on “Done” to finish. Ensure you deposit at least 1 Wan for gas fees, otherwise, your transactions will fail.
Step 6. Click on your connected wallet in the top right corner. Enter your password again and click “Unlock”. You can copy your address from here to deposit your RVX tokens as well as a small amount of Wan for gas.
Step 7. Click to update your balance, your Wan should show up here, click “Close”
Staking your RVX tokens
Step 1. With your wallet now connected, you will see your RVX balance under WALLET TOKEN BALANCE. Click on “Start Staking”.
Step 2. Select the amount you wish to deposit for staking, then click “Deposit”
Step 3. Wait for the loading to complete, the pop-up will automatically close.
Step 4. You will see a confirmation message on the top left. Your RVX has been deposited and you are now earning rewards! Once you have earned some rewards, click on “Claim Rewards”.
Withdrawing your RVX
Step 1. Click on “Withdraw”. (Make sure your connected wallet is unlocked by clicking on the top right corner and entering your wallet password).
Step 2. Enter the amount you want to withdraw, then click “Withdraw”.
Step 3. Wait for the loading to complete, the pop-up will automatically close.
Step 5. You will see a confirmation message on the top left. Your RVX has been withdrawn and sent back to your connected wallet address.
About RiveX
RiveX is a chain agnostic interoperable layer-2 solution across different blockchain protocols. RiveX aims to empower the next generation of decentralized applications, decentralized finance and enterprise solutions. RiveX has comprehensive interoperable DeFi solutions such as RX Wallet which aims to integrate DAPPS from different blockchain protocols to enable an interoperable DeFi ecosystem within RX Wallet itself. The first DAPP which RX Wallet has already integrated is WRDEX. Another core product powered by RiveX is the world’s first cross-chain DEX called WRDEX.
👇 More about RiveX 👇
RX Wallet | WRDEX | Website | Twitter | Telegram | Medium | GitHub
