Have you ever trusted a reward token enough to stake it for a longer period?
Our Holders asked for a stake option to make the investment of loyal Holders even more profitable. The FRTC team has thought about this option, and implemented it.
Now you have the possibility to lock your FRTC tokens for 3, 6 or even 12 months. This will entitle you to an interest premium from the date of the locking when the CAKE reward is distributed.
This is your great opportunity as FairToken Cake is a reliable new-generation reward token. Join and make some profit with your passive income 📈 Don’t miss it!
How to stake your FRTC tokens?
Before you start:
1. think about how long you want to lock in the tokens
2. prepare the wallet address from which you want to lock
3. there is a minimum cost for the lock-up, so you should have at least 0.01 bnb on your wallet
4. don’t rush! do it slowly rather than messing up
The premium for locking FRTC tokens:
You will receive an interest premium on your locked tokens for each reward payment (daily rewards, weekly PayDays)
This means you get a bigger slice of the reward pie. The rate of the interest premium:
3 months commitment -> +10%
6 months commitment -> +15%
12 months commitment -> +25%
I. SECTION – approve
1. step:
https://bscscan.com/token/0xb16d8c2a78f2acd75a63b37e8ce6bccbbd8d8f9e#writeContract
2. step: Connect to Web3 – use the wallet where you hold FRTC
3. step: approve
spender: 0xAB4d3E795CD9eBb3a2A0BCf1CB4a16e18BbA1075 (this the FRTCLockerManager)
amount: 115792089237316195423570985008687907853269984665640564039457584007913129639935 (this is a fix value to enter)
4. step: Write button
II. SECTION – LOCK the tokens
1. step: Locker Manager:
https://bscscan.com/address/0xAB4d3E795CD9eBb3a2A0BCf1CB4a16e18BbA1075#writeContract
2. step: Connect to Web3 – use the wallet where you hold FRTC
3. step: createLocker
– lockerType
3 – 3 months
6 – 6 months
12 – 12 months
– amount – in Wei (you can calculate it here )
where the “Ether” field is used to enter the amount of FRTC you want to stake and the “Wei” field shows the amount to enter during the lock
example: 1 FRTC will look like this 1000000000000000000 (1 + 18 times 0)
4. step: Write button
If you need support, you can find us on Telegram.
III. SECTION – Token removal
Step 1: bscscan your own wallet from which you transferred, filter for FRTC in the “Token:” field, find Create Locker in the “Method” column
Step 2: in that line, copy the address of the locked contract (“To” column, after the word “OUT”), search for this address in bscscan
Step 3: in the locked contract, in the Contract tab under Read Contract (5th point) the value under “unlockTimestamp” shows when the staking expires
(https://time.is/Unix_time_converter helps you interpret it)
https://time.is/Unix_time_converterÂ
Step 4: if it has expired, chose Write Contract and Connect to Web3
Step 5: Write Contract Point 2 “withdraw” and Write button
