The post Smart Contracts appeared first on Valinity.

• Marketplace Pages:
  • Buy VY:
    • View current offers to purchase VY Tokens.
    • Option to mint VY Tokens directly from the Reverse Staking treasury if no liquidity is available.
  • Sell VY:
    • View offers to sell your VY Tokens.
    • Option to claim your VY yield directly from the Yield Rate treasury
  • Offer Creation:
    • Use the “Create Offer” feature to set your desired price.
      • This adds a decentralized listing to the marketplace.
    • All open offers are displayed in the Dashboard.
      • Open offers remain in Total Assets until a transaction is finalized.
    • 2% trading fee

The post P2P Marketplace appeared first on Valinity.

1. Access the Reverse Staking Page:

• Navigate to the Reverse Staking section on the Valinity dApp.

2. Open a New Pool:

• Look for the option/button labelled “Open a Reverse Staking Term” or similar.
• Click to initiate the process of creating a new pool.

3. Review Pool Details:

• Before proceeding, read the fine print or details associated with the pool.
  • This typically includes information about staking duration, rewards, penalties, etc.
• Ensure you fully understand the terms of the contract.
  • If unsure, consider seeking clarification or consulting with knowledgeable peers.

4. Initiate the Contract:

• Once you’re confident in understanding the terms, proceed to initiate the contract.
• Follow any on-screen prompts or steps to finalize the creation of your pool.

5. Pay the ETH Gas Fee:

• You’ll be prompted to pay a gas fee in Ethereum (ETH) to process your staking.
• Confirm the amount and authorize the transaction using your connected wallet.

6. Receive ETH Rewards:

• Upon successful payment of the gas fee, you’ll immediately receive your Ethereum yield rewards.
• The exact amount of ETH rewarded will be indicated or can be seen in your wallet.

7. Locking of VY Tokens:

• After the contract initiation, your VY tokens will be automatically locked in the Reverse Staking treasury.
• These tokens will remain locked for the duration specified in the pool’s terms.

8. Monitoring and Management:

• Regularly check the Dashboard page to monitor the status of your staked tokens and any accumulated rewards.
• Remember to claim any additional rewards or manage your staking terms as needed.

The post Reverse Staking appeared first on Valinity.

Acts as the home screen upon accessing the Valinity dApp.

• Requirements:
  •  Connect your wallet to access features.
• Features:
  • View Total Assets, which includes:
    • Tokens in your wallet.
    • Tokens that are reverse staked.
    • Open offers in the P2P Marketplace.
  • Quick view of:
    • Current VY Token Price.
    • Current Yield Rate.
  • A secondary section displays:
    • Open Offers in the P2P Marketplace.
    • Open Reverse Staking pools.
  • Check and claim additional yield generated by Reverse Staking pools.
    • To claim, click the button and renew your pool.
    • 0.5% sending fee

The post Dashboard appeared first on Valinity.