The Kephi Staking Guide

Published on: 11.08.2022
The Kephi Staking Guide

The Kephi staking guide will allow users of $KPHI tokens to properly stake their assets to earn income. Kephi Gallery is a marketplace where artists from different disciplines can get together, share and monetize their work.

From visual arts to music, from movie clips to even theatre, every artist is welcome to create their NFTs and start trading their pieces of art.

Here is the step-by-step guide on how to stake KPHI Tokens
HOW TO PURCHASE KPHI TOKENS
  • You can easily buy them on PancakeSwap or Kaidex
  • Kardiachain token: 0x6CD689DefCA80f9F2CBED9D0C6f3B2Cf4abc4598
  • BSC token: 0xfa4a5c4ce029fd6872400545df44675219c2e037
RULES AND PARAMETERS
  • The Staking contract will be deployed on the Kardiachain Blockchain
  • Users can deposit any amount of tokens with a minimum of 1 KPHI
  • Users can deposit KPHI at any time after August 8th, 2022, and until the staking program ends
  • Staking Period: Flexible. You can stake and unstake at anytime
  • Users can deposit KPHI multiple times
  • Users can withdraw deposited KPHI at anytime
  • After depositing KPHI, users will receive sKPHI as a reward. This reward can be swapped by KPHI token at anytime

The user’s APR is not static and depends on the pool share, KPHI amount, and token price. You can stake your tokens in a flexible period, APR increases/decreases depending on the amount of staked tokens.

The users who stake first will gain a maximum benefit due to a smaller number of participants and therefore receive a bigger pool share.

HOW TO STAKE?
  • Go to staking.kephi.io
  • Choose Kardiachain Network in MetaMask or from Kardiachain wallet.
  • For BSC Holders, staking will be launched during September. Meanwhile, you can use the bridge to move your BSC tokens to Kardiachain
  • Select Kardiachain
  • Make sure you have selected the Kardiachain network in Metamask/Kardiachain wallet. The Staking app will automatically connect your wallet. If you don’t select the proper network, the application won’t work
  • Approve KPHI token

Once the contract has successfully been executed, the Stake button will appear
When clicking on the Stake button, you will see this screen
Select the amount of KPHI to the stake, and click Stake Button. 

 

How to Claim rewards
  1. Once you get some rewards, you will be able to claim them by clicking on the Claim Rewards button
  2. After that, you will be able to swap your sKPHI to KPHI Token

KPHI staking started on 8th August 2022!

ABOUT Kephi Gallery

Kephi Gallery is a cross-chain, low fees, NFT marketplace where artists from different disciplines can get together and share (and monetize!) their work.

Website | Twitter

RESOURCES

Medium

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