Quick Steps to Super Stake $POLI

Super Staking Live on DAFI Protocol

Polinate.io
4 min readDec 22, 2021

Key features:

  • A 30 day lock-up period for staking $POLI on Polygon via Super Staking
  • $POLI rewards can self-multiply as the network demand and market value fluctuates, which is represented as “Potential” rewards
  • When a user exits the Super Staking pool, 10% of his/her rewards are distributed among those users who remain staking in it. $POLI hodlers are better incentivized for the time they stay committed to supporting Polinate.
  • Every 24 hours the $POLI Super Staking platform displays the top five users that have staked the biggest amount of $POLI
  • An all-in-one tab within the platform to check $POLI price, supply metrics, and social media updates will be live soon.

Here are a few simple steps to Super Stake $POLI:

Step 1 — Go to Polinate Super Staking, here

Step 2 — Click on “Connect Wallet”

Step 3 — Choose between Metamask and Trust Wallet

Step 4 — Once your wallet is connected, go to “Stake”

Step 5 — Enter the amount of $POLI you want to Super Stake and click on “Approve”

Step 6 — You will be prompted with the option to approve the amount of $POLI you want to Super Stake. If you agree, click on “Proceed”

Step 7 — Verify the transaction fees and wait a few seconds until your transaction is confirmed.

Step 8 — Once the transaction is confirmed, click on “Stake” to proceed with the amount of $POLI you want to Super Stake.

Step 9 — You will be prompted with the option to stake the amount of $POLI you want to Super Stake. If you agree, click on “Proceed”

Step 10 — Verify the transaction fees and wait a few seconds until your transaction is confirmed.

Step 11 — Once the transaction is confirmed, a pop-up window will appear on your screen indicating that your $POLI tokens have been Super Staked

Step 12 — Go to the “Dashboard” to see the amount of $POLI you have Super Staked, your rewards, and potential rewards

You are now using one of the first decentralized applications to implement dPOLI rewards, where the number of incentives distributed automatically increases or decreases depending on Polinate’s rate of expansion.

Frequently Asked Questions

Is there a withdrawal fee?

There is a small fee of 10% on your rewards only that is deducted upon unstaking or claiming rewards. These fees are distributed back into the pool for users who remain staking. This means that if you are a longer-term staker, you will enjoy the benefits of extra rewards from others claiming and exiting the pool.

How is dPOLI related to Polinate?

You can partially or entirely withdraw your rewards at any time after the initial lockup, during which the contracts will provide a final real-time calculation of your reward balance in the form of POLI. The nature of dTokens incentivizes users through a multiplication effect, if network demand rises, every user’s reward balance will increase. dPOLI will be fully collateralized by POLI and will be redeemed, 1 to 1.

About Polinate
Polinate is a next-generation crowdfunding platform designed to discover, launch and empower creatives globally in a permissionless way. We give creators their break to get funded by connecting creative projects, investors, fans and patrons.
We are building the backbone of a new global creator economy. It doesn’t matter where you are from, social status, banked or unbanked. If you add value, you benefit. Come and join our Hive!

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