StakingHub
Staking Your Tokens on Qrolli
Welcome to Qrolli's staking platform, where you can multiply your rewards by staking your QR tokens. Staking is a simple yet powerful way to increase your earnings and actively participate in the Qrolli ecosystem. Here's a step-by-step guide on how to stake your tokens each round:
Introduction to Staking: Staking allows you to lock up your QR tokens for a certain period in exchange for rewards. By staking your tokens, you contribute to the stability and security of the Qrolli network while earning additional benefits.
Staking Overview: Staking involves locking up QR tokens to participate in the network and receive rewards. The StakingHub contract governs this process, ensuring fairness and transparency in reward distribution. QR tokens serve as the native utility token within the ecosystem, facilitating various functions such as staking, voting, and value exchange.
Key Concepts: A fundamental concept in staking is the notion of staking points. These points determine the multiplier applied to a user's rewards based on their staked QR token balance. Notably, the conversion rate is set at 1000 $QR = 1 Point, providing users with clarity on their potential rewards.
Round Start Information: Staking rounds on Qrolli typically begin one week before each round in the RewardHub. It's important to note that once a round starts, users won't be able to stake their tokens until the next round. Stay updated on the start of each round to maximize your staking potential.
Access Your Rewards: To begin staking, visit your profile page on Qrolli. You can access this page by clicking on the following link: Your Rewards Page
Initiate Staking: Once on your rewards page, locate the "Stake" button and click on it to initiate the staking process.
Enter Staking Amount: In the staking interface, you'll be prompted to enter the amount of QR tokens you wish to stake. Input the desired quantity and proceed to the next step.
Confirm Staking Transaction: After entering the staking amount, confirm the transaction and wait for it to be processed. Be sure to check the details and review the transaction fee before proceeding.
Wait for Confirmation: Once the transaction is submitted, you'll need to wait for confirmation from the blockchain network. This may take a few moments, so please be patient.
Staking Complete: Congratulations! Your staking transaction has been successfully confirmed. You've now staked your QR tokens and are ready to earn rewards in the upcoming round.
By following these simple steps, you can start staking your QR tokens and unlock additional rewards on Qrolli. Stay tuned for more updates and opportunities to maximize your staking benefits!
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