How to Stake $CULP?
Last updated
Last updated
Notes:
Delegate your badges prior to staking CU! Badge Boosts will only be received on deposits once badges have been delegated. If the badges aren’t delegated before staking, you will miss out on the badge bonus!
Existing deposits will be migrated with the existing badge boosts that you had on Polygon, but you will need to re-delegate your badges before re-enabling your badge boost.
Make sure you have enough $ETH for gas fees!
Upon adding liquidity into the $CU/$ETH pool, you can immediately stake the $CULP you have acquired by clicking “Stake CULP” button.
If you’re coming from the “Overview” tab you can click “Stake” in the $CULP block, you may also You can check your received $CULP here.
Now in the “Stake” popup enter the $CULP balance you want to stake. Choose your preferred duration for your CULP to be staked, you have the option to stake from 1 month to 12 months. The longer the duration, the higher sAsset amount you will receive. The Badge Bonus, Estimated APR, Timeblock Convert, and Cumulative Convert will be shown on the popup. Once, you’ve finalized the amount of CULP and duration to stake, click the “Stake” button.
A blockchain transaction will pop up. “Confirm” to proceed with staking and wait for the transaction to be completed. Once the transaction completes, you’ve now successfully staked $CULP.
