Stake FIT to Earn FIG
๐ FIT Staking Guide (Farming FIG Token)
Earn FIG rewards by staking FIT! ๐ฅ Follow this guide to stake FIT easily and securely.
1๏ธโฃ FIT Staking Overview
What is FIT? ๐ When you deposit FIL, FIT tokens (equity proof tokens) are issued. ๐ FIT tokens not only generate FIL staking income but can also be staked in the farm to earn additional FIG rewards.
FIG Rewards โ FIG is the governance token of Filliquid. โ FIG rewards are distributed based on fixed release rules, which can be found in the white paper.
PC Version Guide
โ Open the FIT Farming Panel
๐ Navigate to the Farming page and open the FIT Farming panel. ๐ Here, you can view your current FIT balance and the amount already staked.
โก Enter the Amount to Stake
โ Input the amount of FIT you want to stake in the text box.
โข Choose the Staking Period
โ Select your preferred staking (lock-up) period.
Options range from 1 month to 1 year.
Longer staking periods yield higher rewards.
Rewards are dynamically adjusted based on the total network-wide staked amount (refer to the white paper for details).
โฃ Confirm the Staking
โ Review the staking details and click "Confirm". โ A confirmation pop-up will appear in your wallet (Metamask, Foxwallet, Burrito Wallet, etc.)โsign the transaction to finalize the staking.
Mobile Version Guide
1๏ธโฃ Tap the hamburger menu in the top right corner and select "Farming". 2๏ธโฃ Choose FIT Farming. 3๏ธโฃ Set the desired staking period and enter the amount of FIT received from depositing Filecoin. 4๏ธโฃ Check the estimated FIG farming rewards and press the Confirm button.
โ Once farming is complete, you can check your staking history at the bottom of the page.
๐ Staking Summary
โ๏ธ Deposit FIL โ Receive FIT tokens โ Stake FIT โ Earn FIG rewards โ๏ธ Longer staking periods result in higher returns โ๏ธ Reward rates may fluctuate based on total network staking โ๏ธ Refer to the white paper for reward distribution rules
๐ก Maximize your FIG rewards by selecting the ideal lock-up period for you! ๐
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