How to Participate:
1️⃣ Access the Platform: Visit the Credefi platform, press on Stake and then go to xCredi Stake.
The staking is only available on BSC.
2️⃣ Stake Your $xCREDI: To qualify for the Rev Share, stake at least the amount captured in the $xCREDI Snapshot.
Any additional $xCREDI staked beyond the snapshot amount will count towards future revenue-sharing cycles, not the current one.
3️⃣ Claim Your Rewards: Starting January 10, 2025, the Claim button will be enabled on the platform.
The revenue-sharing smart contract will also be accessible via BSCScan for direct interaction.
Future revenue-sharing claims will be streamlined and available exclusively through the Credefi platform.
Unlocking the Full Potential of Credefi:
Staking $xCREDI activates multiple benefits within the ecosystem:
1️⃣ Rev Share: Earn rewards for your staked tokens.
2️⃣ Governance: Participate in shaping Credefi's future through on-chain voting.
3️⃣ Utilities: Unlock additional functionalities within the ecosystem.
The first on-chain governance vote is expected by the end of January 2025.
Unstaking Your $xCREDI: Use the Unstake button to initiate the unlocking process.
The unlocking period lasts 21 days, after which you can reclaim your tokens.
⚠️ Important: Tokens in the unlocking phase do not qualify for rewards or governance participation. Only staked tokens are eligible.