2)We take staking ATOM as an example to demonstrate the operation in StaFiHub App. Click “Stake” to start the staking process.
3)Enter the amount of ATOM and received address on the "STAKE" page, and click "You will get 20.00 rATOM".
4)Click “Understood” and “Approve”as the page prompts, the "Liquidity Process" on the right will show the Sending & Minting process.
Note: Liquidity process will request your approval, do not edit your memo, otherwise you cannot receive your rATOM.
5)Check the delegation data on the "DASHBOARD" page.
2.Redeem The Staked ATOM
1)Click "Redeem rATOM" on the "DASHBOARD" page.
2)Enter the number of rATOM, and the system will calculate the amount of redeemed ATOM based on the current exchange rate.
Confirm the address of receiving ATOM.
3)Confirm the following information on the pop-up page: The number of unbonded rATOM, unbonding commission (it is set as 0.2% of unbond rATOM in the early stage), Relay bridge fee, unbonding period, and the number of ATOM you could get.
4)After the signature is completed, the amount of staked ATOM and unbonding ATOM will be displayed on the "Unbonded Records" page.
After the unbonding period ends, the user does not need to withdraw it manually, and the ATOM tokens will be automatically sent to the designated address.
When the sending is completed and the ATOMs are sent to the StaFiHub contract address on the Cosmos chain, but the staking process is not completed yet, the "Recovery" function will help you to resume the staking process.
1)Confirm whether the transaction is successful in the notification bar. If it prompts "Error", it means the stake operation failed, as shown below:
2)Confirm the Token type on the current page, enter the TxHash and receiving address, click "Proceed" to continue the delegation process.
When you continue to stake ATOM, the signature page will pop up, just follow the prompts.