Stake with Lock

How to lock KNINE for staking rewards + multipliers

Lock

In this type of staking, your deposit will be locked for the time you choose. The longer the lock period you choose, the higher your reward will be.

Deposit KNINE for Locked Staking

1. Using the form on the left, you can create a new locking position:

   • "Amount" input field for entering the KNINE deposit amount;

   • Your current balance of KNINE tokens and the “Use max” button to deposit the entire amount;

   • “Lock Duration” slider - selecting the period for token locking. The default period is “1 month”;

2. Information on your new deposit:

   • Duration - the token locking period you selected;

   • APR - current APR of the KNINE staking protocol;

   • Multiplier - your deposit multiplier, determined based on the selected locking period;

   • Your Deposit - the deposit amount you specified;

   • Deposit Boost - an addition to your Deposit amount based on a multiplier. This amount is NOT deducted from your wallet, it is provided by the staking protocol to calculate the boosted reward.

3. The form on the right displays your Real Yield Staking status:

   • Time left - the remaining time of your deposit lock;

   • Amount - the amount of your deposit. You’ve sent this amount from your wallet;

   • Multiplier - the multiplier applied to your deposit based on the lock period;

   • APR - current APR of the KNINE staking protocol;

   • Reward - the amount of your accumulated reward (BONE);

   • Total Statistics - protocol stats:

     • Stakers - number of Real Yield Staking participants;

     • Total Staked - the sum of all deposits in Real Yield Staking;

     • TVL - total value locked at Real Yield Staking.

4. After you have indicated the deposit amount and selected the lock period, click on the “Lock” button and confirm the transaction in your wallet;

5. Wait for the transaction to complete. Popup window displays the transaction progress.
6. Once the transaction is complete, the updated deposit amount will appear in the form on the right.

Steps to Add More KNINE to Existing Locked Deposit

You can increase your KNINE deposit in the current position by entering a new amount in the "Amount" field, selecting a lock period not less than the current one and clicking the "Lock" button.

1. Enter the amount of the new deposit;

2. Specify the token locking period no less than the current period. If you select a period less than the current one, an error will be displayed:
3. After selecting the correct parameters, click on the “Lock” button;

4. Confirm the transaction in your wallet and wait until the transaction is processed (the transaction status is displayed in the popup).

The locking period will be restarted and the new deposit will be added to the previous KNINE deposit amount. Wait a while and check that the BONE reward amount increases in accordance with new parameters of your deposit.