Announcement

Step-by-Step Guide — RFUEL Staking

MANTRA DAO Step-by-Step Guide — RFUEL Staking
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Key Takeaways

A new RFUEL pool with auto-compounding has been launched unstake from the old pool now and take advantage of high APRs

Following our announcement about the new RFUEL staking pool, we want to share the steps that existing stakers must undertake to move to the new staking pool.

In a few easy clicks, you can unstake and claim your rewards on the existing pool and begin the process to move to the new staking pool!

RFUEL staked on MANTRA DAO’s platform

Here are the steps needed to move your staked tokens to the new staking pool:

  1. Claim your RFUEL rewards (initiating your 8 day claiming period)
  2. Immediately after claiming, unstake your RFUEL from the current staking pool (initiating your 8 day unstaking period)
  3. Wait 8 days
  4. Withdraw your claimed and unstaked RFUEL tokens
  5. Stake your RFUEL to the new upgraded staking pool

Points to keep in mind during the unstaking process

  1. Please ensure that you claim your tokens FIRST before initiating the unstake action. Make sure that you unstake your tokens directly after you claim so that you don't delay or restart the 8 day period before you can withdraw.
  2. Rewards will stop on the old RFUEL staking pool and users will no longer be able to stake their tokens to this pool

Step 1 - Claim your RFUEL rewards


Step 2 - Unstake your RFUEL; Successfully initiating the 8-day unstaking period

Step 3 — Wait for the8 day unstaking period to complete

Step 4 — Withdrawyour tokens once the 8-day timer is complete

Step 5 — Stake yourtokens to the new RFUEL Staking Pool!


Please note, the staking rewards strategy will start on 18 August 2021.

Once the staking reward begins the values for estimated APR and Daily Estimated rewards will be visible on your screen.

IMPORTANT INFORMATION

This material is intended to be of general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. It does not constitute legal or tax advice. The views expressed are those of the author and the comments, opinions and analyses are rendered as of the publication date and may change without notice. There is no guarantee that any forecasts or predictions made will come to pass. The information provided in this material is not intended as a complete analysis of all material facts or circumstances regarding any country, region or market. All investments involve risks, including possible loss of principal.

Risk management does not imply elimination of risks, and not all investments are suitable for all investors. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by MANTRA to be reliable, are not necessarily all inclusive and are not guaranteed as to accuracy. Data from third party sources has not independently verified, validated or audited. MANTRA accepts no liability whatsoever for any loss arising from use of this information; reliance upon the comments, opinions and analyses in the material is at the sole discretion of the user.

Any products, services and information in this material may not be available in all jurisdictions and are offered local laws and regulation permit. Please consult your own financial professional or legal advisor for further information on availability of products and services in your jurisdiction. Please also see the disclaimer which is found at the bottom of this website under the heading “Important Disclosures”.​

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