How to stake $CTR tokens on Creator Staking Pools?
Creator is delighted to announce that Creator Staking Pools are now available on Creator Website. Everyone now can stake $CTR to get more $CTR.
STAKE NOW: https://staking.creatorchain.network/
We would like to thank you for the overwhelming support from community since our official announcement of the upcoming Creator Staking Service. This article will illustrate you on how to Stake CTR tokens on Creator website.
Step 1: Join the Creator website then choose the Staking option on the toolbar. Then we have a new window like the picture below
Step 2: Choose your network and collect your wallet.
At an early stage, we support users in 2 Main Networks including BSC and Ethereum. So you can choose either BSC or Ethereum.
Currently Creator supports customers with the “MetaMask” wallet, one of the trustworthy wallets in the market.
If you successfully connect “MetaMask” with Creator, you will be able to see either your Wallet address and your balance on Creator or connected status on Metamask extensions.
After successfully connecting your wallet, you will be able to see your balance at the right corner of the window.
And on the table at the center, here are some information that you need to know
Total Staked: The total amount of CTR token which are staked up to the present time.
CTR price: The CTR price at the market up to the present time
Total Volume 24h: Total trading volume during 24 hours.
You can see the APR and total staked token on each pool up to the present time. When you have staked, you can check your last staked time, total reward and amount of staked $CTR on each pool.
Step 3: Choose one pool to stake $CTR
Here are 3 options for you to choose:
- No lock-up pool: you can stake and unstake any moment you want. This pool allows you to earn a fixed APR of 3–5% of the initial fund you stake.
- 90-day locked pool: Once staking starts, you can only unstake after 90 days. This pool allows you to earn a fixed APR of 14%.
- 180-day locked pool: Similar to 90-day locked pool. Once staking starts, you can only unstake after 180 days. However, this option would bring you the highest yield of 28%.
Let’s pick No lock-up pool as an example.
Step 4: After taking No lock-up pool option, there is a new window as the picture show
To deposit, you need to approve the Creator website to use CTR tokens on your wallet. Let’s click on “Approve CTR”
Step 5: Your Metamask wallet will appear right after you choose Approve CTR. There is a little ETH fee which is associated with this request. After checking the bill, click on “Confirm” to continue.
After the transaction is approved, you can start staking $CTR by entering the amount of CTR tokens you want to stake or click on “Max” to stake all CTR tokens on your wallet. Then choose “Stake”
Step 6: A new popup will appear which show amount of $CTR token you would like to stake. After check the number, click on “Confirm”
Your Metamask will appear one more time which show the fee of staking, after checking the fee, you click on confirm to finish it.
After the transaction is submitted, you can check it on Etherscan by clicking “View on explorer”.
And congratulations, you’ve successfully staked CTR tokens.
Step 8: Now move back to the home Creator Staking page, you can check your staking status now.
Join time: when you choose the 90-day locked pool or 180-day locked pool, the time of unstake will be calculated based on the last time you stake.
For example: You stake 1,000 CTR on 90-day locked pool at Nov 1, 2021, then you continue to stake 500 CTR on Nov 15, 2021, so the staking time will restart from Nov 15, 2021.
So, just by some simple clicks, you can stake $CTR tokens and earn yield in return. Please note that the total allocation reward is 3,000,000 CTR, when it hits the allocation reward, all pools will be locked, hence no one can stake. People who have already staked CTR tokens still can unstake and claim tokens. You can start staking CTR now or you miss this one-a-kind chance.
Creator is a Blockchain as a Service (BaaS) platform that provides No Code Smart Contract, Low Code DApp and other services to empower the DeFi and NFT World. Creator’s Blockchain features shall broaden the gate for every game studio and developer to enter the gamified NFT and Blockchain industry.
Creator has an incredibly friendly UI and multiple enhanced background services. Hence, with or without IT/ Blockchain skills, by filling out some initial information and a few clicks, anyone can simply go live a Smart Contract or DApp.
Creator’s chain is based on the Polkadot/Substrate for true interoperability, user-driven network governance and customizations that focus on Defi, NFT and other services.
If you have any question about Creator Staking, contact us via this Email address: firstname.lastname@example.org
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