1. Navigate to the Management Panel
- In your management panel, click on “Add a new pool” to open the pool setup page.
2. Select the Staking Type
- Choose the “Dynamic” staking type. This allows flexible staking with rewards distributed based on the user’s share of the pool and the configured daily rewards.
3. Enter the Token Address
- Input the contract address of the token users will stake in the pool.
4. Enter the Reward Token Address
- Specify the contract address of the token that will be used to distribute rewards.
Note: The reward token can be the same as the staking token or a different token.
5. Set the Pool Capacity
- Enter the maximum number of tokens that users can stake in the pool. This determines the total staked amount allowed for all users.
6. Configure the Reward Per Day
- Specify the number of tokens to be distributed daily as rewards for the entire pool.
- The minimum annual percentage yield (APY %) is automatically calculated and displayed next to this field to help you understand the base APY offered to stakers.
7. Set the Lock Period
- Enter the number of days staked tokens will remain locked before they can be withdrawn.
- This lock period applies to all stakers and resets whenever users stake additional tokens.
8. Set the Pool Expiration Date
- Enter the expiration date in the dd/mm/yyyy format.
- After this date, users will no longer be able to stake tokens in the pool.
9. Finalize and Create the Pool
- Click on “Add Pool” to complete the setup.
- Your wallet will automatically connect, and a transaction request will appear for the contract interaction. Confirm the transaction to create the pool.
Adding a Token Image for the Pool
Once the pool has been created, you need to upload a token image to make the staking pool visually appealing and recognizable for users.
- Go to the Settings section of the pool.
- Upload the token's favicon (image).
- Save the changes.
This step ensures the staking pool displays the token image alongside the pool details, making it easier for users to identify and interact with it.
Once the token image is added, the pool will be visible to users, ready for staking!