NEAR Staking on ICONFi!

Dear ICONFi users and NEAR Protocol communities,

ICONFi is very excited to announce that NEAR Staking is available on ICONFi!

For celebrating this new updates, ICONFi has prepared an event! https://iconfi.medium.com/king-of-staking-event-on-iconfi-9bf77753975b

  • Please update ICONFi application before using NEAR Staking service. When you open the app, update will automatically proceed. If failing to update, go to [My Page] tab and click on [Manual Update]. Please DO NOT LEAVE the screen until the update hits 100%.

NEAR Protocol is a decentralized application (dApp) platform that focuses on developer and user-friendliness. Its native NEAR tokens are used to pay for transaction fees and storage on the Near crypto platform.

Now, start NEAR staking on ICONFi and enjoy the rewards!

How to Stake NEAR on ICONFi

1. Create NEAR Wallet & Deposit.

a. Load [Staking] tab.
b. Select [NEAR] and click on [Create Deposit Address].
c. Deposit NEAR on your ICONFi NEAR wallet.

2. Adjust Stake

a. Click on [Staking] tab.
b. Select [NEAR] wallet and click on [Adjust Stake].

3. Decide how many NEAR you want to stake.

a. Decide how many NEAR tokens that you would like to stake. You can either enter the amount manually or use the slider for convenience.

Your staking request must be processed after claiming withdrawal NEAR from the NEAR network to your ICONFi wallet. This process can take up to 5 minutes.

b. Click [Yes] to complete NEAR Staking.

  • Please note that you must always have at least one unstaked NEAR available to cover network transaction fees. These transaction costs are incurred directly from the NEAR network and ICONFi does not charge any fee on Staking.

A very small amount of NEAR will be taken in the Staking Process by the Network Policy. Users will get the NEAR back when the Unstaking is completed.

4. Unstaking

a. Go to the [Staking] tab.
b. Click [Adjust Stake].
c. Enter the amount of NEAR you want to stake or move the slider to adjust the amount of NEAR that you would like unstaked.
d. Press [Apply Changes].

  • Please note that Unstaking NEAR completion takes up to 3 days.
  • Please note that the amount of Staked NEAR must be higher than 1. If you want to completely unstake NEAR from ICONFi, move the Slider to Min or enter 0 manually.

Questions?

If you have any questions or feedback, please open a ticket at #support channel on https://discord.gg/YdWsjaW8Eh.

About ICONFi

ICONFi is a digital asset savings platform that provides simple and intuitive earn products so that anyone can easily multiply crypto assets. ICONFi aims to simplify the complicated processes often associated with crypto assets and offers a sleek, straightforward user interface which supports saving, staking and airdrop activities at the palm of your hand.

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ICONFi

A new crypto staking and earn service for the ICON community.