Staking HUAHUA with StaFi
How to Stake HUAHUA with StaFi
Required Wallet
Keplr
- Download Keplr from the Keplr Website (opens in a new tab).
- Once installed, follow the prompts to import or create a new wallet address
Go to HUHUA staking page
Visit the rToken App (opens in a new tab) and click the "Stake" button.
Connect wallet
Click on the “Connect Wallet” button to connect your Keplr wallet.
Input staking amount
Enter the amount of HUAHUA you would like to stake. Review the amount of rHUAHUA you will receive and the Annual Percentage Rate (APR) for staking. Click the "Stake" button to proceed.
Confirm transaction and await for confirmations
Upon clicking “Stake”, you will be redirected to your Keplr wallet. Confirm the transaction details, including gas fees. To proceed, click on the "Approve" button to sign the transaction. Wait for the transaction to be confirmed and the staking operation to be completed successfully.
Do not edit the memo shown on the Keplr transaction. Editing the memo will cause the transaction to fail.
Track rewards
Monitor your staked HUAHUA and its rewards by visiting your Profile (opens in a new tab).
The rHUAHUA Token
rHUAHUA: https://www.mintscan.io/stafi/assets (opens in a new tab)
Additionally, rHUAHUA holders can participate in liquidity mining. To learn more about this opportunity, please visit this page (opens in a new tab).
Commission Fee
10% of HUAHUA staking rewards and 0.2% redemption fee will be allocated to StaFi DAO.
Unstake
Go to HUAHUA unstaking page
Visit the HUAHUA unstaking page (opens in a new tab), and proceed by clicking on the "Unstake" tab.
Input unstaking amount
Enter the desired amount of rHUAHUA you would like to unstake, and proceed by clicking on the "Unstake" button.
Confirm transaction and wait for confirmations
After clicking "Unstake," you will be redirected to your Keplr wallet. Confirm the spending cap of HUAHUA and approve it.
Once confirmed, a second transaction pop-up for staking will appear. Confirm the transaction details, including gas fees. Click the "Confirm" button to sign the transaction.
Wait for the transaction to be confirmed and the unstaking process to be completed successfully.
Note: Unbonding rHUAHUA takes 28 days. HUAHUA will be sent to your wallet after the unbonding period has ended.
