Neutrino staking allows WX Invest users to receive passive income from investing Neutrino tokens in the staking pool. The staking pool exchanges the received tokens for Waves and, due to this, increases its mining balance, which allows it to generate new blocks in the Waves network more often and receive a reward for this more often.
The NSBT staking income is formed differently. The NSBT staking reward is made up of fees that users pay for exchanging Waves for XTN (and vice versa), as well as fees for exchanging DeFo tokens.
Note: XTN Staking feature has moved from WX.Network to Neutrino website. Please use these step-by-step instructions to stake your XTN.
Also, please be aware that Staking for DeFo tokens is still available in the WX.Invest mobile app.
How to stake Neutrino tokens
Open WX Invest app, log in to your account and navigate to the Investments tab. Swipe up on the Staking tab and choose Neutrino staking.
In the next step you need to choose Neutrino token you want to stake: EURN, RUBN, CNYN, JPYN, UAHN, BRLN, GBPN, TRYN.
After token choosing, you will be redirected to the Staking tab where you can familiarize yourself with the profitability, received rewards (if you stake the token earlier), and stake your token. To stake token, click on the Stake button.
In the appeared form specify the amount you want to stake and tap on the Stake --- button.
That's all! From now on, you will receive daily income until you cancel staking.
How to unstake Neutrino token
To unstake your Neutrino tokens open WX Invest app, log in to your account and navigate to the Investments tab. After that, swipe up on the Staking tab and choose Neutrino staking.
In the next step you need to choose Neutrino token you want to unstake: EURN, RUBN, CNYN, JPYN, UAHN, BRLN, GBPN, TRYN.
In the following step, click on the Unstake button to unstake tokens.
Finally, fill in the form specifying the amount you want to unstake and click on the Unstake --- button.
Shazam! Your tokens are unstaked.
If you have any questions related to WX.Network, feel free to contact us via customer support.
tags: neutrino stake staking wx invest