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Dynamic Staking

As you all know, Dynamic Staking finally here and it's ready to revolutionize the world!​

We prepared for you an easy tutorial on how to wrap EMR, how to unwrap and how to stake Wrapped EMR (WEMR) in dynamic stake, step by step:

1. First, you need to access our dApp and then click Connect in the top right corner.

2. You will need to select a way to connect: MVX extension, MVX Wallet, or xPortal App.

3. After connecting, select Dynamic Staking on the left of the page. To stake Wrapped EMR, you need to have some EMR in your wallet to change it in Wrapped EMR.

4. Change your EMR in Wrapped EMR (WEMR) and accept the transaction on xPortal.

5. After 2 minutes, you will get the WEMR and you will be able to see it in the Dynamic Staking tab.

6. The WEMR can be used in 2 ways:

  • You can Stake the WEMR by entering the number of tokens in the Stake and by pressing Stake Now button.

  • You can unwrap it back in EMR.

note

  • By wrapping the EMR, you automatically enter Emorya Finance Ecosystem.

  • If you hold over 10,000 WEMR in staking for more than 60 days, you become eligible for a much larger reward, up to 3x, 5x, 10x, or even more than the standard staking reward.

  • All wrapped EMR have 12% tax when unwrapping.

Video Tutorial​