InfinityPad New Staking Pool

InfinityPad
3 min readFeb 3, 2022

We are excited to announce that we’re launching InfinityPad’s new staking pool. This will be the ONLY pool to stake $INFP tokens to participate in IDOs as well as earn rewards.

Please note that staking is mandatory in addition to the gleam forms from today onwards for all IDOs and for EVERYONE. This is to make sure that allocation is only given to the people who are actually willing to participate in IDOs and not every $INFP holders/ traders.

Now, a few key points about the new staking pool.

- The pool maturity is 30 days, i.e., rewards are distributed only at maturity but calculated daily based on number of tokens staked.

The pool has pre-mature unstaking penalty as below:

  • 0–7 days, 25% penalty
  • 8–14 days, 12.5% penalty
  • 15–21 days, 6.5% penalty
  • 22–30 days, 3% penalty
  • 31 days and onwards, no penalty

-Once you initialize unstaking, you won’t be able to stake tokens again until you claim.

- All previous pools will be discontinued for new staking starting today and all tokens from the old pools will be airdropped to respective wallets after verification.

Please follow below step-by-step guide to stake $INFP tokens to new pool.

  1. Go to https://stakingv2.infinitypad.io/ and you’ll see below screen and you will get a metamask pop-up to connect your wallet.

2. Click on the pool and it will expand with below options:

3. Important — without entering any number or clicking on Max, CLICK ON APPROVE and confirm metamask transaction.

4- Once approved, enter amount of INFP you want to stake and click on Stake INFP and approve Metamask transaction as shown below:

5. Once staked, you’ll see the time of staking.

6. To unstake before maturity, which is 30 days, click on Initialize Unstake and approve the transaction:

7. Once Initiate Unstake transaction is approved, you will see Claim In timer.

8. Once Claim In timer is 0, refresh the page and click on Claim to claim your tokens and rewards,if any.

9. At the maturity, on day 31st, you’ll see only Claim button and you can claim your tokens and rewards anytime without any penalty. If you don’t claim then you continue receiving rewards

Infinitypad ($INFP) official community

website: https://infinitypad.io/

Twitter: https://twitter.com/InfinityPad_io

Telegram Group: https://t.me/infinitypad

Telegram Channel: https://t.me/infinitypad_io

Contact: info@infinitypad.io

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InfinityPad

InfinityPad is a next level launchpad to help raise capital across multiple blockchains on a single platform in a fully transparent and decentralized way