Stake
Last updated
Last updated
Before staking MUXLP, please make sure you have purchased MUXLP tokens.
Since all staking-related actions take place on Arbitrum, if you have MUXLP tokens on BNB Chain, Avalanche or Fantom, you will need to bridge them to Arbitrum.
The MUX protocol has collaborated with Celer Network for a smooth bridging experience; you can bridge your MUXLP tokens via cBridge.
After your MUXLP tokens are available on Arbitrum, you can start to stake them to earn multiplexed protocol income and MUX rewards.
Step 1: Click “Stake MUXLP” to open the “Stake / Unstake MUXLP” dialog.
Step 2: Enter the number of MUXLP tokens you want to stake.
Step 3: After you finish the input, click “Stake MUXLP” to open the wallet. After confirming the action in your wallet, your MUXLP will be staked.
Step 1: Open the “Stake / Unstake MUXLP” dialog and select the “Unstake” tab.
Step 2: Enter the number of MUXLP tokens you want to unstake.
Step 3: After you finish the input, click “Unstake MUXLP” to open the wallet. After confirming the action in your wallet, your MUXLP will be unstaked.
Step 1: Select to lock MCB or MUX.
The locked-staking is only available on Arbitrum; if you have MCB tokens on other networks, please bridge them to Arbitrum before locking. You can bridge MCB tokens via Arbitrum Official Bridge, cBridge or Multichain.
Step 2: Enter the number of MCB or MUX you want lock
Step 3: Select your perferred lock time from the date selection window.
The minimum lock time is 2 weeks, and the maximum is 4 years. Since the locking is time-weighted, longer locks will be allocated with more veMUX. You can select the lock time by using either the calender or the shortcut buttons.
Each week is one epoch for locked-staking, and the epochs start on Thursdays (UTC+0). For non-Thursday locking start dates, the dates will be rounded up to Thursdays.
Step 4: After you have finished the input and selected the lock time, click the “Lock MCB/MUX” button to open the confirmation dialog.
Step 5: Confirm the locking information on the dialog. If you accept the rules and are ready to lock, check the checkbox and click the “Confirm Locking MCB/MUX” button to show the wallet, then confirm the action on your wallet.
Please be aware that once your MCB or MUX tokens are locked, they can’t be unlocked in advance.
Step 1: Click the “Extend Lock” button to open the dialog.
Step 2: Click the input field to open the date selection window, then select your preferred date.
Step 3: Confirm the locking information on the dialog. If you accept the rules and are ready to extend the lock, check the checkbox and click the “Extend Lock” button to show the wallet, then confirm the action on your wallet.
Step 1: Click the “Vest” button on the channel that you prefer to use to open the vesting dialog
Step 2: Enter the number of MUX tokens you want to vest into MCB
Step 3: Click the “Vest MUX” button to open the wallet, then confirm the action on your wallet. If you are vesting MUX for the first time, you will need to approve the action first.
Once the vesting process starts, the MUX tokens will be converted into MCB over 1 year.
If you want to withdraw your unvested MUX tokens, you will need to terminate the current vesting process. You can click the “Confirm Withdraw” button to end the vesting process and withdraw all unvested MUX tokens; MUX tokens converted to MCB will remain as MCB.
After the vesting process ends, the reserved MUXLP tokens will be unreserved.
You can claim rewards from veMUX, staked MUXLP and vested MUX individually, or claim total rewards from the “Overview” page.
Please note that since the protocol calculates veMUX rewards weekly, you will receive rewards from veMUX one week after your initial lock starts.
