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Product Development

GUIDE TO MOBY STAKING V1.0

Publish: (UTC) 02:00 PM - 16 Feb 2024

Author: Moby Team

We are thrilled to announce that the Moby Staking V1.0 is officially live at launchmoby.com.

Check out this guide to navigate your staking experience on Moby.

UNDERSTANDING THE MOBY STAKING V1.0

To begin, visit the official website here. Open 'Staking Portal'.

The Staking Portal UI will walk you through the few following functions:

staking-portal


 

Stake and Unstake: Deposit/Withdraw your MOBY Tokens from the Staking Portal.

Your Tiers: Your tier depends on the amount of MOBY Tokens staked.

Claimable Amount and Claim button: Your claimable amount in MOBY Tokens. Click 'Claim' to withdraw to your non-custodial wallet.

Snapshot: Countdown of Moby weekly snapshot period.

Your History: Logs of your staking activities.

To learn more about Moby Staking v1.0, click 'Learn More' to visit our blog.

STAKING YOUR MOBY TOKENS

After opening up Moby Staking Portal, you can start staking your MOBY Tokens.

Initiate Staking:

  • Click the 'Stake and Unstake' button.
  • Choose 'Stake'
  • Input the amount of MOBY Tokens that you want to stake.
  • Click 'Stake Now'
stake


 

Approving Transaction: Approve and sign the transaction on your non-custodial wallet. Your connected wallet will prompt you with a pop-up.

Monitor Your Stake: After approving the transaction, you are now able to track your staked Moby Tokens and your current tier in the Staking Portal UI.

UNSTAKING YOUR MOBY TOKENS

To unstake your MOBY Tokens, follow these instructions:

Initiate Unstaking:

  • Click the 'Stake and Unstake' button.
  • Choose 'Unstake'
  • Input the amount of MOBY Tokens that you want to unstake.
  • Click 'Unstake'
unstake


 

Approving Transaction: Approve and sign the transaction on your non-custodial wallet. Your connected wallet will prompt you with a pop-up.

Track Your Claimable MOBY Tokens: Unstaking your MOBY Tokens requires a 10-day cooldown period. You will be able to track your claimable date and claim your MOBY Tokens after 10 days.

Claim your MOBY Tokens: After the cooldown period finishes, visit our Staking Portal and click 'Claim' to claim your unstaked MOBY Tokens.

Notice: Unvested MOBY Tokens Staking will be introduced in Moby Staking V2.0 (ETA: March 2024)

If you have any questions or encounter any issues, please reach out to the official Moby Discord and open a support ticket.

Please make sure to only interact with our official links provided below.

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