Stake LPs

Stake your Meter LPs and earn NFTs.

How it works in the background?

We create this system to improve the project sustainability, in this case you can stake your liquidity to earn NFTs and, in the background, we stake your liquidity to earn Volt. If you see on all staking and unstaking transaction you will send Volt to the distributor because all liquidity on the pool was staked on the Voltswap rewards contracts.

What we will do with the Volt earnings? All Volt will be used for the project benefit, some times we will buy and burn FTB with all Volt, sometimes we will use it to lock more and increase our position on Voltswap or other times we will use it to promote our project.

You can see all collected Volt in the distributor web page. https://uninft.businessbuilders.city/distribution

Tutorial

1. Go to the staking DAPP on the Meter network https://uninft.businessbuilders.city/staking. Note: If you need to add the Meter network in your wallet provider you can see this tutorial https://docs.meter.io/wallet-setup/interacting-with-meter-mainnet-using-metamask

2. Reading the pool information. In the top of the page you will see the pool information, you can read how many LPs are in the pool, your pool power and your locking time. Additionally you can find a stake button.

   

   Pool information

3. The first LPs staking. In this case the pool has 4,530 LP and my pool power is 0, I will add some liquidity to increase my pool power. You can click on stake and you will see additional information. In this view you can read your LPs balance, your estimated pool power and the liquidity locking time.

   

   Staking liquidity on the pool
4. Selecting the lock time and the amount of LPs. As you see, I have 56 LPs and I will stake only 33 LPs on the pool to have 0.72% of the pool, first of all you must approve your tokens and then you will be able to lock your liquidity in the pool. Move the slider to increase or reduce the lock time.

   

   Staking 33 LPs to earn 0.72% of the pool

5. Now to can click on stake and confirm the transaction using Metamask. Your LPs will be sent to the staking pool and you will be able to request your daily NFTs. Remember that it can change everyday, its mean that you will need to increase your position or increase the lock time to be available to request your daily NFTs.

6. Reading locked LPs. After sending your LPs to the staking pool you will see your position in the pool, your active rewards and if you can request your daily NFTs. As you can see in the next image I staked 33 LPs for 36 days and I have only 0.7% of the pool. In this case I can request the first mini employees package (You can see you available package because it has a green background)

   

   Liquidity pool with updated information

7. Requesting the NFT rewards. Now I can request my mini employees by clicking on the gift button and confirming the transaction. If you can't see the clock or the gift its mean that you position isn't enough to request your mini employees.

   

   Available packages and active packages
8. Waiting for the next distribution. In the other hand when you request your daily mini employee rewards you can see that the icon in the package change to a clock because you need to wait for the next distribution at 0 UTC.

   

   Clock icon, waiting for the next distribution at 0 UTC

9. Increasing my pool power. Now if other users add lqiudiity to the pool you will need to increase your position to maintian the pool power. When other users add LPs you position will be reduced and maybe you wouldn't be able to request your daily mini employees. In this case you can increase your liquidity amount. A. Click on the stake LPs button to open the staking interface

   

   Click on the stake button

   B. Write your LPs amount and read the estimated pool power to have the enough power in the pool

   

   Increasing the staking power

   C. Click on stake and confirm the transaction. You will see that you staking power will increase to the estimated pool power and you will be able to request your mini employees again.

10. Increasing my locking time. If you see that your staking time isn't enought to request your mini employees you can increase your staking time and request your daily mini employees again. Note: Remember that you need to maintain the locking time to request your employees. E.g if you lock your liqudiity for 30 days and the NFTs package needs 30 days, when the day is over and ther are only 29 days left you wouldn't be able to request your NFTs. A. Click on the stake LPs button to open the staking interface

    

    B. Move the slider to increase or reduce the lock time.

    

    Increase or reduce the lock time

    C. Based in the secltion you can click on increase lock time to execute the transaction. Confirm it and then your time will be modified and you will be able to request your NFTs again.