This guide walks you through how to use the KelVPN Staking Page, providing you an overview of the Staking Program, and instructions on how to Deposit and Withdraw.
The KelVPN Staking Program is LIVE and can be accessed at: https://stake.kelvpn.com
KelVPN Staking Program Review
To reward the community who decide to contribute to bootstrapping liquidity on Uniswap, we decided to put 5% of the total supply as rewards for liquidity providers on the KEL/ETH pair on Uniswap. This means a total of 5,000,000 KEL will be up for rewards.
The LP Rewards Program will last for 180 days, during which all 5,000,000 KEL tokens will be distributed at a constant rate every block.
As rewards allocations are calculated every block, liquidity providers can withdraw and claim their rewards anytime they want.
Real-time APY can be tracked on the KelVPN Staking UI.
At the end of the program, we will have distributed 5,000,000 KEL to liquidity providers on Uniswap.
KelVPN Staking UI Intro
- Deposit — This is where you stake Uniswap ETH-KEL LP to earn KEL.
- Withdraw — This is where you unstake Uniswap ETH-KEL LP and claim your KEL rewards.
- Stats — This is where you can see overall stats on the program such as program length, accrued rewards, claimed rewards, TVL, and more.
- Provide liquidity to the ETH-KEL Uniswap pair here (or click on the Uniswap logo which will take you to the pair) and receive ETH-KEL LP Tokens.
- Connect your Metamask wallet and go to the deposit tab.
- Click “Deposit.”
- Approve the two transaction requests on Metamask.
- Confirm the deposit of your ETH-KEL LP Tokens in the Staking UI.
- Go to the “Withdraw” tab and connect your Metamask wallet that you deposited ETH-KEL LP tokens with.
- Enter the amount of ETH-KEL LP tokens you want to withdraw. The “Amount to Withdraw” field shows the ETH-KEL LP tokens you can withdraw. Withdrawing your ETH-KEL LP tokens also withdraws the accrued rewards, pro-rated by percent of deposited ETH-KEL LP you are withdrawing.
- Click “Withdraw.”
- You will be asked to approve one unstake transaction. After the LP withdrawal is approved and completed, you will receive your LP tokens and the KEL rewards.
KelVPN is a decentralized VPN based on the Cellframe Network protocol and realized as a t-dApp in the Cellframe ecosystem and inhabits the first Cellchain (KEL-testnet)
Stay tuned for more info and follow us at:
Telegram ANN: https://t.me/KELVPNANN