How to use Lock Staking
Staking is the easy way to earn $MEIJI rewards in MeijiDAO.
Users can choose the right one among several 5 locked options to get high APR for gathering more rewards.
Getting prepared
Choose your Pool
Before you proceed, you'll want to choose a Pool that's right for you. Visit the Pool page and you’ll see a list of available lock period options.
There is only $MEIJI Staking Pool in MeijiDAO V1.
How to buy $MEIJI
There is easy way to get $MEIJI via MEIJI-BUSD LP on Decentralized Exchange.
Please check below to discover more details.
Putting your Tokens into a Pool
Go back to the Staking page and locate your Pool. Stake part includes more details to show current staked status
When you’re ready, click the APPROVE button and confirm your action in your wallet.
2. After a short wait, the APPROVE button will change to STAKE. Click it and a new popup will appear.
Type the amount of LP Tokens you would like to stake with into the field.
3. When you have the amount entered, the Confirm button will light up. Click it. Your wallet will ask you to confirm your action.
4. After a short wait, the window will close, and you will see your new staked Token balance in the details.
Adding or removing Tokens from a Pool
You may decide you would like to add more Tokens to a Pool at a later date, or to take some out of a Farm. You can do this very easily whenever you'd like.
Go to the Staking page.
2. Find the Lock Pool you have Tokens in. You will see a STAKE and WITHDRAW button on the right-hand side. Click WITHDRAW to remove LP Tokens, or STAKE to add more LP Tokens.
If your staking pool is still locked, you can't withdraw the staked $MEIJI and WITHDRAW button is disabled.
3. A popup will open that looks like the one you used earlier to first stake your Tokens. Like last time, type the amount you would like to unstake/stake.
4. Make sure your information is correct. When you are ready, click the Confirm button and confirm the action in your wallet.
5. After a short wait, your new balance will show in the staking box. If you've unstaked your Tokens, any unharvested rewards you had will automatically have been collected.
Collecting your staking rewards
Staking will bring you $MEIJI rewards over time. You can collect these rewards and use them to create MEIJI-BUSD LP tokens, stake LPs in Farm, jump into target IGO, use them to do anything else you’d like.
Returning to your Pool to Harvest
If you'd like to collect your staking rewards, follow along.
To collect your rewards, you’ll need to visit your chosen Pool and collect the $MEIJI waiting for you.
Go to the Pool page.
Find the Pool you staked your $MEIJI in, and see details. You should see an estimate of your rewards next to “YOUR REWARD AMOUNT".
3. Click the CLAIM button and confirm the action in your wallet. After a short wait, the rewards will be claimed to your wallet for you to use as you like.
And that's all there is to it! You may also want to look at how to use Farm to earn rewards.
Happy staking!
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