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Stake your KRNO (3,3)
Staking allows you to earn KRNO passively via auto-compounding. By staking your KRNO with Kronos DAO, you receive sKRNO (staked KRNO) in return at a 1:1 ratio. After that, your sKRNO balance will increase automatically on every epoch (8 hours) based on the current APY.
The KRNO token address on Klaytn is 0xD676e57Ca65b827fEb112AD81Ff738E7B6c1048d
The sKRNO address on Klaytn is 0x6555F93f608980526B5cA79b3bE2d4EdadB5C562
- 1.
- 2.Make sure the output currency is KRNO. The KRNO token address on Klaytn is 0xD676e57Ca65b827fEb112AD81Ff738E7B6c1048d
- 3.Swap your asset for KRNO.
- 1.
- 2.Enter the amount of KRNO that you would like to stake in the input field. If you would like to stake all your KRNO, press the "Max" button and the input field will be populated with all your available KRNO balance.
- 3.Click "Approve" and sign the transaction.
- 4.After the "Approve" transaction has been processed successfully, click "Stake" and sign the transaction. Finally, you have staked your KRNO!
Note: The "Approve" transaction is only needed when staking/unstaking for the first time; subsequent staking/unstaking only requires you to perform the "Stake" or "Unstake" transaction.
- 1.
- 2.Enter the amount of sKRNO that you would like to unstake in the input field. If you would like to unstake all your sKRNO, press the "Max" button and the input field will be populated with all your available sKRNO balance.
- 3.Click "Approve" and sign the transaction.
- 4.After the "Approve" transaction has been processed successfully, click "Unstake" and sign the transaction.
Note: The "Approve" transaction is only needed when staking/unstaking for the first time; subsequent staking/unstaking only requires you to perform the "Stake" or "Unstake" transaction.
- APY tells you the annualized rate of return based on the reward yield. It takes into account the effect of compounding since sKRNO rebases exponentially.
- TVL measures the dollar amount of all the staked KRNO in Kronos DAO.
- Current Index allows you to track your gain from staking. The index started from 1 at epoch 0, and increases every epoch. If you staked at genesis (epoch 0) and never unstaked any KRNO, your balance today would be X times greater, where X is the current index. You can use the index to track your position by marking down the index number when you stake and unstake. You divide the index number when you unstake by the index number when you stake to get the ratio by which your sKRNO balance has increased.
- Your Balance tells you how many unstaked KRNO are in your wallet. This is the maximum amount that you can stake.
- Your Staked Balance tells you how many staked KRNO are in your wallet. This is the maximum amount that you can unstake.
- Next Reward Amount tells you how much sKRNO you are getting next rebase,
- Next Reward Yield tells you how much your sKRNO balance will increase when the next epoch begins. For example, if you stake 100 KRNO and the upcoming rebase is 0.5427%, your sKRNO balance would increase from 100 to 100.5427.
- ROI (5-Day Rate) estimates how much your sKRNO balance will increase after 5 days, if the reward yield stays the same during this period. For example, if you stake 100 KRNO and the rate is 8.4577%, your sKRNO balance would increase from 100 to 108.4577 after 5 days.
Last modified 1yr ago