The Klever Mainnet Migration contract is now live, allowing all KLV holders on Tron Network to stake their KLV starting April 25th until July 26th, 2022.
Our previous Tron-based KLV staking contract has now been paused, removing all withdrawal and standard staking processes.
When KleverChain goes live, staked KLV will be available for withdrawal to users’ Mainnet addresses. The staked KLV will be subject to an APR of 100% for the duration of the contract (depending on when you’ve entered the contract), or until the event concludes on July 26th, 2022.
Addresses can stake up to 10 buckets with a minimum of 1,000 KLV per bucket. The withdrawal process will only permit the withdrawal of the entire amount locked in the account.
If you would like to participate in this Klever Mainnet Staking event, open up your Klever Wallet, navigate to your Klever Dapp Browser and open up stake.klever.finance – follow the instructions in the below faqs to stake KLV at 100% APR.
Remember you need a minimum of 50 TRX to stake your KLV into the new contract.
FAQs
How do I stake my KLV on the new contract:
Using your Klever Wallet, where your KLV has been stored, select your Klever Browser.
Make sure you’ve selected your TRX wallet, and then navigate to the following URL:
https://stake.klever.finance/
NB: MAKE SURE YOU’VE ENTERED THIS ADDRESS CORRECTLY
The browser will open up a “Staking Migration” page, containing your Tron-based KLV balance.
- Enter the amount of KLV you would like to “Deposit” into the Staking Contract
- Press the Deposit Button
- Authorize the transaction
- Done
A timer has been added to the Staking Migration page guiding you with regards to the length of the contract period. At the end of the contract, you will be able to withdraw your KLV into your new Klever Blockchain Mainnet Address.
*Klever Blockchain Mainnet Addresses will be accessible closer to the KleverChain Mainnet launch date.
Can I still buy Tron-based KLV and stake it into the new Staking Migration contract over the course of the new staking period?
Yes, you can buy using our approved fiat service providers in Klever Wallet or via Klever Swap services found on Klever Exchange and in Klever Wallet. All KLV must be available in Klever Wallet, to partake in the Mainnet Staking event. The APR is calculated based on the date you entered the new staking contract.
What do I do if I missed the previous Tron Blockchain KLV contract withdrawal period which ended Apr 24, 2022?
You would have to contact our support team. Upon actioning and approving your support ticket, the support team will request reimbursement of your KLV after 30 days. Following receipt of your KLV after 30 days, you will be able to enter the staking event, but only for a short period of time and until July 26th.
