๐Ÿ“ฒStaking Dapp [rewards.paal.ai]

The Staking DApp serves as a platform for $PAAL holders to stake their tokens, enabling them to earn additional $PAAL tokens and $ETH. Below is a concise guide on how to utilize this application:

Home Page

๐Ÿš€ ETH Rewards

Stake your $PAAL tokens and get rewarded in ETH! The pool has already distributed a stunning 826 ETH to our stakers. And this is just the beginning.

๐Ÿ’œ Staking Pools

Select from three staking durations, each with its unique benefits:

  • Short Term (14 Days): Get started with a 3% APR and claim a 1.20% share of the ETH rewards.

  • Medium Term (28 Days): Ramp up your earnings with a 10% APR and a 6% share of the ETH rewards.

  • Long Term (56 Days): Maximize your returns with a 15% APR and a substantial 92.8% share of the ETH rewards.

โœจ Start Staking

Your "My Stakes & Rewards" dashboard awaits your first $PAAL stake. Dive into the pool that suits your staking style and watch your rewards grow.

๐Ÿ’ก Wallet at the Ready

Check your $PAAL balance right on the dashboard. With your wallet connected, you're all set to stake seamlessly.

๐Ÿ”ง Need Help?

Our help and settings are just a click away, ensuring a smooth and user-friendly staking experience.

๐ŸŽ‰ Join the Staking Movement

Click on "Stake Now" for your chosen duration and become part of the thriving Paal staking community. Your journey towards earning more $PAAL and ETH starts today!

Stake Screen

๐ŸŒ Choose Your Staking Term

Delve into our diverse staking durations, each with a tailored APR to align with your financial aspirations:

  • 14-Day Lockup: For enthusiasts looking for swift rewards, enjoy a consistent 3% APR.

  • 28-Day Lockup: For the balanced strategist, a 10% APR offers a harmonious blend of time and profit.

  • 56-Day Lockup: For the visionary holder, a 15% APR rewards your dedication to the long haul.

๐Ÿ”ข Flexible Staking Amounts

Whether you're testing the waters with a small amount of $PAAL or leveraging a significant portion of your assets, our platform accommodates your individual strategy.

๐Ÿ”„ Stay Informed with Real-Time Balance

Your $PAAL balance is always in view, ensuring you're up-to-date with your holdings as you make staking decisions. Ready to amplify your investment potential? Our staking pools are prepared for you.

๐ŸŽ‡ Easy Confirmation & Staking

Set your desired staking amount and with a simple click on the "Stake" button, your tokens are actively earning for you.

โœ… Transparent Staking Confirmation

We prioritize clarity and control in your staking journey. Confirm the exact amount you wish to stakeโ€”transparency is paramount in our ecosystem.

๐ŸŽ‰ Prepare for Rewards

Post-staking, it's time to anticipate the growth of your earnings. Staking solidifies your role in bolstering the $PAAL network, enhancing its stability and prosperity.

Contract Spend Approval

1๏ธโƒฃ Clicking 'Stake'

After selecting your staking option and inputting the number of $PAAL tokens you wish to stake, you'll proceed by clicking the โ€˜Stakeโ€™ button. This action prompts the platform to prepare your staking transaction.

2๏ธโƒฃ Encountering the Spending Cap Request

Following your initial action, you'll encounter a 'Spending Cap Request' screen. This is a standard safety measure in the decentralized finance space.

  • Why a Spending Cap? Before the staking can actually take place, the smart contract needs your permission to access only the tokens youโ€™re willing to stake. This is known as setting a spending cap.

  • Approval Transaction: This is the first transaction you'll sign. It's not the staking transaction itself, but a necessary precursor that grants the smart contract permission to use the specific amount of $PAAL tokens you want to stake.

3๏ธโƒฃ Understanding the Approval Screen

On the approval screen, you will typically see:

  • Custom Spending Cap: This figure represents the exact amount of $PAAL the smart contract is allowed to move from your wallet โ€” only for the purpose you allow.

  • Data/Function: This typically contains the โ€˜Approveโ€™ function, signaling that youโ€™re authorizing the transaction.

4๏ธโƒฃ Confirming Your Decision

Before you confirm:

  • Verify the Website: Always ensure you are on the official Paal AI platform site.

  • Check the Cap: Confirm that the spending cap matches the amount you wish to stake.

  • Examine the Transaction: Look at the transaction details. If it shows 'Approve', it means you're giving the green light for your tokens to be staked up to the limit you set.

5๏ธโƒฃ Signing the Transaction

Once youโ€™re comfortable:

  • Reject: If something doesn't look right, you can always reject the transaction.

  • Next: If all is in order, click 'Next' to sign the approval with your wallet. This wonโ€™t stake your tokens just yet; it's just setting the stage for the actual staking transaction to follow.

Remember, this approval step is a one-time setup per staking pool. Once approved, you wonโ€™t need to do it again unless you decide to stake additional $PAAL tokens beyond your set cap.

Approval Time

๐Ÿ•’ Transaction Confirmation Timing & Gas Tracker Insight

After youโ€™ve given the approval for the spending cap, the next step is the actual confirmation of the transaction on the blockchain. Hereโ€™s what you need to know:

Estimated Confirmation Duration

  • The screen shows an estimated confirmation time of under 45 seconds. This is how long it typically takes for the network to process and confirm your transaction.

Gas Tracker

  • The Gas Tracker icon indicates that this estimate is based on current network conditions, which can affect transaction costs and speeds.

  • By clicking on the Gas Tracker, you can view real-time data on network congestion, which helps in estimating transaction fees and speeds.

Remember, this is an estimate and actual times may vary based on network traffic. Always ensure you're ready for any minor delays.

Once confirmed, your staking transaction is complete, and your $PAAL tokens are actively earning rewards according to the staking option you've chosen.

Stake Transcation

๐Ÿ”’ Finalizing Your Staking Contribution

Now that you've set your spending cap, you're onto the last stretch: finalizing the staking transaction. This is where you'll officially send your $PAAL tokens to the staking contract. Here's what you should look for and how to proceed:

Staking Transaction Confirmation

  • Transaction Purpose: The interface should indicate that this transaction is for staking, often shown near the top.

  • Transaction Details: You'll see the estimated fee in ETH, reflecting the cost of executing the transaction on the blockchain.

  • Estimated Confirmation Time: Look for an estimate like "Market ~30 sec" to understand how quickly the network is likely to process your transaction.

  • Total Cost: This is the sum of your staking amount plus the gas fee, expressed in both ETH and your local currency for clarity.

Before You Confirm

  • Double-Check the Address: Ensure the contract address you're sending to matches the official staking contract of Paal AI.

  • Review the Fees: Gas prices fluctuate, so make sure you're comfortable with the fee at the time of transaction.

  • Know Your Totals: The interface will display the total amount of ETH that will be deducted from your wallet, including the gas fee.

Confirming Your Stake

  • Once you've reviewed all the details:

    • Click Reject if you want to cancel the transaction.

    • Click Confirm to proceed with staking your tokens.

What Happens Next?

After confirmation, your tokens are transferred to the staking contract, and you'll be officially participating in the Paal AI staking program. Depending on the network congestion, your transaction should be processed within the estimated time, but it could be quicker or slower.

Keep an eye on your wallet and the Paal AI platform for confirmation of a successful stake. You're now on your way to earning staking rewards!

My Stakes and Rewards

Active Stake Details

  • 15% APR: You're earning at an annual percentage rate of 15%, reflecting the profit you make on your staked tokens over a year.

  • 56 Day Lockup: Your tokens are locked for staking for a period of 56 days, ensuring that you earn rewards during this time.

  • 10,000 $PAAL Staked: The total amount of $PAAL you have currently staked.

Rewards Earned

  • 0 ETH Unclaimed ETH: This is the amount of Ethereum you've earned but haven't claimed yet.

  • 0.00114 $PAAL Earned $PAAL: The number of additional $PAAL tokens you've accrued as staking rewards.

Lock Timer

  • Lock Remaining: A countdown timer displaying the exact time left until your staking period ends. In this case, it shows 55 days, 23 hours, 59 minutes, and 13 seconds remaining.

Action Buttons

  • Compound ETH & Relock: This option allows you to reinvest your earned ETH rewards back into staking, potentially increasing your future rewards.

  • Claim ETH & Relock: You can claim your accumulated ETH rewards and simultaneously relock your $PAAL tokens to continue earning.

  • Claim $PAAL Rewards: This allows you to retrieve the earned $PAAL tokens while leaving your initial stake intact.

  • Unstake: Available after the lock period, you can withdraw your staked $PAAL tokens.

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