BSC Suter Shield Mining Tutorial
Attention before Tutorial
- Mining power only calculated based on total funding volume
- Staking BEP-20 version of Suter as multiplier can increase the mining power.
- Due to various Internet conditions, there maybe up to 3s delay for the real-time numbers, be patient and don’t have to refresh the web page. If there is error message during the fund and withdraw, please try one more time or change the network, shut down the VPN.
Connect your Metamask with BSC
- Install Metamask, click the the My Accounts and select thereum Mainnet and Set setting in the drag-down list
2. Choose Networks in the Setting page, input BSC setting parameters, and press SAVE.
3. Mainnet setting parameters as below：
RPC URLs：https://bsc-dataseed1.defibit.io/
ChainID: 0x38, 56 in decimal (if 56 doesn’t work, try 0x38)
Symbol: BNB
Block Explorer: https://bscscan.com
4. Click Metamask to change the network to Binance Smart Chain:
Log in and start mining!
- Deposit Gas into the BSC wallet. Suter Shield BSC is first layer-2 privacy payment network on Binance Smart Chain to support BNB/BUSD, but whatever mining pool you are about to participate into, you have to leave some BNB as Gas fee, 0,0035 BNB gas cost per action if you use Suter Shield, if you don’t deposit Gas fee, you cannot use Suter Shield.and if staking the BEP-20 Suter token can max the mining power, will be illustrated later in this tutorial.
2. Log in https://bscshield.suterusu.io/ .
3. Register New wallet or Log in existing wallet
4. Set the Multiplier, stake a size of BEP-20 SUTER token, minimum 30k, up to 1.5M can increase your mining power from 1% to 50%. If you deposited and staked 1.5M BEP-20 Suter token, you can have additional 50% mining power increase. Slide the bar to select the amount of BEP-20 Suter token you want to stake. Attention, staking Suter token as multiplier is Optional, and all the BEP-20 SUTER token will be locked in the network for 3 Months
5. Fund the BNB/BUSD, if you choose Only Fund, then, there is no mining rewards, but just privacy transaction, and if you choose Fund and Mining, you can receive mining rewards
Enter the amount of tokens you want to stake (the unit of measurement is Unit, the unit ratio for each token is different, please refer to Suter Shield Q&A: Why Suter Shield’s tokens use Unit as the unit of measurement). If you choose BNB mining pool, please don’t put all BNB into mining, and please leave some BNB as gas.
6. Privacy transfer, this is optional step for mining, only Funding volume is counted for Mining power
Enter the amount and the receiver Suter account public key to transfer Suter version of token. Attention, Suter Shield Address (layer-2 wallet address) is not Metamask BSC Address, receiver can give you the address in ‘My Suter Account Address’.
7. Withdraw/Burn
The amount of BNB or BUSD Suter Shield account will be reduced by the entered amount, and the same amount of token minus 1% transaction fee will be returned to your BSC account
8. Rewards harvest. By the end of first phase of mining period, (16th July), Rewards will be released linearly in 45 Days, click Harvest and mining rewards will be distributed to your Mining wallet.
9. Check the real-time mining power, TRY%(Transaction Return per Year and rewards. Suter Shield encourage users to try multiple times with privacy mining and transactions, so the mining power and TRY% will be increased with more transactions, please check the TRY% calculation in our FAQ.
Fund &Burn multiple times can increase the mining power and increase TRY (Transaction Return per Year)%.
