🔒How to stake JOJO and get veJOJO?
Last updated
Last updated
Navigate to the Staking Page:
Click the "JOJO Staking" button located in the top left corner under the "Earn" tab.
Choose Your Staking Parameters:
Amount: Enter the desired amount of JOJO you wish to stake.
Duration: Select the preferred lock-up period. Note that longer lock-up periods yield higher veJOJO rewards.
Example Staking Scenarios:
Scenario 1: Staking 50 JOJO for 30 days yields approximately 1.027397 veJOJO.
Scenario 2: Staking 180 JOJO for 30 days yields approximately 6.164383 veJOJO.
Remember: The longer you lock your JOJO, the higher your veJOJO rewards will be.
Confirm Your Stake:
Review your staking details and click "Confirm" to proceed.
Monitor Your Staking:
Your staked JOJO balance and lock-up end time will be displayed on the JOJO staking page.
Once the lock-up period ends, you can claim your original JOJO tokens.