Ferro Protocol
  • Ferro Protocol
  • Getting Started
    • Tokens on Ferro
    • Bridging Funds to Cronos
    • Connecting a Wallet
  • Litepaper
  • Essentials
    • Whitepaper
      • Protocol Overview
      • Key Functionalities
      • Tokenomics
    • Protocol Roadmap
    • Get Involved
  • User Guides
    • Ferro Swap
      • Swap Tokens
    • Ferro Pools
      • Our Partners
      • Provide Liquidity
      • Remove Liquidity
      • Stake/Unstake Liquidity
      • Claim $FER Rewards from Staked LP
    • Ferro Stake
      • Stake $FER for $xFER
      • Unstake $xFER for $FER
      • Lock $xFER into Vaults
      • Claim $FER Rewards from Locked $xFER
    • Pool Boost
      • Get Boost Power
        • 1. Stake xFER into Vaults
        • 2.Stake Cronos Cruisers NFT (Optional)
        • 3. Unstake/Change NFTs
      • Boost Liquidity Pools
      • Change Pool Selection
      • Pool Boost Calculator
  • Support & Help
    • FAQ
    • Troubleshooting
  • Fundamentals
    • The Ferro Team
    • Cronos Labs Incubation
    • What Is an AMM Protocol
    • What Is Impermanent Loss
    • Team Wallets
    • Token Supported
    • Smart Contracts
    • Security
    • Risk Disclosures
  • Developer Resources
    • GitHub
    • SDKs
Powered by GitBook
On this page
  • First Time Staking $FER for $xFER
  • Staking more $FER for $xFER
  1. User Guides
  2. Ferro Stake

Stake $FER for $xFER

PreviousFerro StakeNextUnstake $xFER for $FER

Last updated 2 years ago

First Time Staking $FER for $xFER

Step 1: Make sure your preferred wallet is connected and head over to "Stake" > "Stake".

Step 2: Click "Enable" to enable the function if this is your first time using it. Click "Stake FER" and input the amount of FER you want to stake.

Step 3: Review the transaction details and click "Confirm" to initiate the transaction.

Step 4: Double-check the transaction details and click "Confirm" again.

Step 5: Confirm the transaction details and approve the transaction on your wallet.

Step 6: You have now staked your $FER tokens and received the $xFER tokens based on the prevailing exchange rate at that time.

Staking more $FER for $xFER

Step 1: Check your wallet connection and go to "Stake" > "Stake".

Step 2: Click "Stake More" if you want to stake extra $FER tokens and receive $xFER tokens.

Step 3: Review the transaction details and click "Confirm" to initiate the transaction.

Step 4: Double-check the transaction details and click "Confirm" again.

Step 5: Confirm the transaction details and approve the transaction on your wallet.

Step 6: You have now staked more of your $FER tokens and received the extra $xFER tokens based on the prevailing exchange rate at that time.