How to stake

In the case of ELFI staking, depending on which network ELFI tokens you hold in your wallet, you can stake the ELFI tokens on the Ethereum network or the BSC network. Therefore, you should select the network on which you want to stake the tokens from the connected wallet and proceed with staking.

1. First, click ‘Staking > ELFI Staking’ in the navigation bar at the top of the ELYFI site.

2. Click ‘Stake | Unstake’ button to launch a pop-up window.

3. In the pop-up window, check that the ‘Staking’ tab is selected, and then enter the amount to be staked in the input box. (When staking for the first time, you must approve access to ELYFI to access the wallet.)

4. After that, if you click the ‘Staking’ button, the MetaMask pop-up window will appear. Please review the transaction details once again and proceed with approval.

5. After confirming the transaction, check the staking balance and wallet balance.