💰Staking (Coming Soon)
Welcome to the Dango Staking Contract! This document provides you with a comprehensive guide on how to use our staking contract to stake your Dango Tokens and earn rewards.
1. Introduction
The Council of Dangos Staking Contract allows you to stake your Dango Tokens and earn rewards based on the duration of your stake. All stakers are treated equally, ensuring a fair and transparent staking experience.
2. Getting Started
2.1 Prerequisites
Before you begin staking, ensure that you have:
A wallet compatible with Dango Tokens (e.g., MetaMask).
Sufficient Dango Tokens in your wallet.
2.2 Accessing the Staking Contract
To access the staking contract:
Visit the Dango Token website.
Navigate to the Staking section.
Connect your wallet to the platform.
3. Staking Your Dango Tokens
To stake your Dango Tokens:
On the staking platform, select "Stake."
Enter the amount of Dango Tokens you want to stake and specify the staking duration.
Confirm the transaction in your wallet.
Your tokens are now staked in the contract.
4. Unstaking and Withdrawal
4.1 Unstaking
You can only unstake your tokens after the lock-in period has expired.
To unstake:
Go to the staking platform.
Click "Unstake."
Confirm the transaction in your wallet.
4.2 Withdrawal of Rewards
You can withdraw your earned rewards at any time without affecting your staked tokens.
To withdraw rewards:
Go to the staking platform.
Click "Withdraw Rewards."
Confirm the transaction in your wallet.
5. Emergency Unstaking
In case of emergencies, an emergency unstaking feature is available. However, this feature comes with a penalty. Use it only when necessary.
6. Staking Lock-in Periods
Soon.
7. FAQs
Q: How are rewards calculated?
A: Rewards are calculated based on the duration you have staked your tokens and the predetermined annual percentage yield (APY).
Q: Can I unstake my tokens at any time?
A: No, there is a lock-in period before you can unstake your tokens.
The Dango Staking Contract provides you with a fair and equitable way to stake your Dango Tokens and participate in governance. We encourage you to explore our platform, stake your tokens, and actively engage in our community discussions to help shape the future of our project.
If you have further questions or need assistance, please don't hesitate to reach out to our community support channels. Happy staking!
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