Staking

Staking functionality refers to the process of locking your tokens in the staking Smart Contract. In return for staking your tokens, you earn rewards in the form of additional $MPRO tokens. The staking process is designed to incentivize users to participate actively in the network's ecosystem.

To access all the features, it is necessary to connect your wallet and web3 login

βœ”οΈ Staking section is located at the top panel

βœ”οΈ Staking panel

Staking Panel is designed to simplify the process of managing your MPRO rewards, providing you with a clear and intuitive interface. Here, you can track your staking progress, view rewards, and make adjustments to your staking parameters.

Stakes

This feature indicates the status of stake as follows:

  • Auto

  • Active and you are participating

  • Active but you are not participating

  • Inactive and you were participating

  • Inactive but you were not participating

It also indicates the Blockchain of stake (ETH or Base)

βš™οΈ Standard $MPRO Stake on Ethereum Network

Users can enter and exit at any time, with rewards available for withdrawal whenever desired.

How to Stake?

To participate, all you have to do is select the Stake button, enter the amount you would like to stake, and confirm the transaction in your wallet. Staking will start automatically and you will see your personal staked amount.

How to Unstake?

To unstake, simply select the Unstake button, enter the amount you would like to unstake, and confirm the transaction in your wallet. Your MPRO will return to your wallet automatically.

βš™οΈ Standard $MPRO Stake on Base Network

Users can enter and exit at any time, with rewards available for withdrawal whenever desired.

How to Stake?

To participate, all you have to do is select the Stake button, enter the amount you would like to stake, and confirm the transaction in your wallet. Staking will start automatically and you will see your personal staked amount.

How to Unstake?

To unstake, simply select the Unstake button, enter the amount you would like to unstake, and confirm the transaction in your wallet. Your MPRO will return to your wallet automatically.

βš™οΈETH-MPRO LP (Liquidity Provider) Stake on Base Network

Users can enter and exit at any time, with rewards available for withdrawal whenever desired.

How to Stake?

You have to provide liquidity for this stake with ETH-MPRO LP token.

ETH-MPRO LP tokens represent a proportional share of the pooled assets.

To participate you have to follow a few simple steps:

Step 1

Create LP Token on Uniswap

Please make sure you are operating on Base network on Uniswap!

To be able to create LP Token select Pool and View position.

Step 2

Change from V3 to V2 pools.

Step 3

Select Create a pair.

Step 4

From the Token list select ETH and MPRO and select required quantity.

Please make sure you select the correct MPRO Token (Metapro), as there are many scam tokens pretending to be MPRO. The original MPRO Token contract address is 0xD88611A629265C9AF294FFDD2E7fa4546612273e

Step 5

Select Approve and continue in your wallet

Step 6

Once approved select Supply

Step 7

Confirm supply and continue in your wallet

Step 8

Congratulation! Your ETH-MPRO LP Token has been created.

You can check your LP Token by selecting Pool > View position > Manage

Step 9 (Optional)

If you would like to add your LP Token to your wallet please select View accrued fees and analytics button

Step 10 (Optional)

Copy ETH-MPRO LP Token Contract Address

Step 11 (Optional)

Go to Metapro wallet > Tokens > Holdings > Add Custom Token

Step 12 (Optional)

Paste Contract Address and select Save.

New Token will be visible at the bottom of the list.

Step 13

Go back to Staking section on MPRO Lab website. Select the Stake button, enter the LP Token amount you would like to stake, and confirm the transaction in your wallet. Staking will start automatically and you will see your personal staked amount.

How to Unstake?

To unstake, simply select the Unstake button, enter the amount you would like to unstake, and confirm the transaction in your wallet. Your ETH-MPRO LP Token will return to your wallet automatically. Now you have to disassemble your LP Token.

To disassemble your LP Token you have to follow a few simple steps:

Step 1

Select Pool and View position.

Step 2

Change from V3 to V2.

Step 3

Your ETH-MPRO LP Pool should be automatically recognized. If not select Import Pool

Step 4

Select Manage

Step 5

Select Remove

Step 6

Choose the percentage you would like to remove and select Approve.

Sign Transaction in your wallet.

Step 7

Once Approved select Remove

Step 8

Select Confirm and also confirm transaction in your wallet.

Step 9

Congratulations! Your ETH-MPRO LP Token has been removed. You should now see your ETH and MPRO tokens separately in your wallet.

Impermanent loss - this happens when you provide liquidity to a liquidity pool, and the price of your deposited assets changes compared to when you deposited them. The bigger this change is, the more you are exposed to impermanent loss.

NODEs Autostake

Displays total amount of staked tokens.

Exclusive service only for NODE providers.

βš™οΈ What is Autostake?

Autostake is a feature that, when activated, automatically transfers your $MPRO tokens into a staking smart contract without any manual intervention. This means your tokens are working for you around the clock, earning rewards while you sit back and relax.

βš™οΈKey Points:

β€’ Declaration Phase

There’s always a specific period during which you must declare your intention to join the Autostake program. For this prelaunch, the declaration phase starts on June 7, 2024, and lasts 45 days until July 22, 2024.

Importantly, if you don’t join, your MPROs will be moved to the stake reward pool and increase rewards for other participants.

β€’ Autostaking Phase

During the program, your MPRO rewards will be automatically staked once every 24 hours. This phase also starts on June 7, 2024, but lasts 46 days until July 23, 2024. Every day between 8:30 AM UTC and 10:30 AM UTC, your MPRO rewards will be staked if you’ve joined the program.

β€’ Staking with Autocompound

Starting from June 7, 2024, and lasting until August 7, 2024 (61 days), your staked MPRO will be autocompounded every 24 hours, increasing your Annual Percentage Yield (APY).

β€’ Vesting Claim Phase

From August 7, 2024, this phase will last 250 days, during which you can claim your staked amount and rewards daily.

βš™οΈHow to join Autostake?

βœ”οΈ To join Autostake simply select the arrow icon next to the wallet. This will prompt the panel to appear on your screen.

βœ”οΈ Join Autostake button is located on My rewards section

There is a specific time window during which you need to declare your intention to join the auto-stake program.

Please also note that rewards received during this period (Autostake Period) are only available in the Autostake.

βœ”οΈ Once selected, you will be shown the Autostake confirmation.

If you are happy to proceed please select Join Autostake

βœ”οΈ Please continue in the wallet and Sign Transaction

βœ”οΈ You have successfully Joined Autostake program

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