Staking
Last updated
Last updated
Copyright© Fathom App 2024.
To deposit and then withdraw your FXD in the Vault, follow the steps below:
Go to Fathom DApp.
Enter the amount of FTHM you would like to deposit and lock period. During lock period you can't withdraw tokens without a significant penalty, but you will be receiving more rewards and voting power.
Click "Stake"
You may be required to approve the FTHM transfer before the actual transfer (depending on your previous deposits).
Sign and send the transaction in your Wallet.
Wait for the transaction to be processed.
Once the transaction has gone through, you'll see your position in "My Positions" on the same page.
If the lock period has passed for the position, you can "Unstake" without penalties. You can choose how many tokens you want to unstake.
Otherwise, you can use "Early Unstake", which will result in token loss. You can do it only for the full amount of the tokens minus the penalty.
ATTENTION: Do not forget to claim accrued rewards before unstaking, otherwise you will loose them. Clock "Claim rewards" button and follow the process.
Sign and send the transaction in your Wallet.
Wait for the transaction to be processed.
Click "Yes, Unstake"
You may be required to approve the vFTHM transfer before the actual transfer (depending on your previous deposits).
Sign and send the transaction in your Wallet.
Wait for the transaction to be processed.
Once the transaction has gone through, you'll see your position in "My Positions" has either changed, or disappeared. You will also see the "Unstake Cooling Down" notification and "Cooldown in progress" with timer.
Wait for the cooldown period to pass. You can withdraw the unstaked and rewarded amount right after it. Clock "Withdraw" button.
Sign and send the transaction in your Wallet.
Wait for the transaction to be processed.