Step by step how to Staking in WoxDeFi using JustMoney application

in hive-175254 •  3 years ago 

This will be another publication, eminently practical, where you will learn how to STAKE in WoxDefi from the JustMoney application, and enjoy an ROI higher than 7% every 5 days.

NOTE: Before Staking in WoxDefi you must first acquire your WOX tokens, have TRX availability, pay commissions, additionally you must make sure you have Power and Bandwidth availability as this will facilitate the approval of your transaction.

Without further ado, let's get started:

Step 1. The first thing to do is to access the WoxDefi platform, and check to be connected to the TronLink wallet.

Screenshot from WoxDefi


Step 2. Then click on the JustMoney application logo.

Screenshot from WoxDefi


Step 3. After the system links to the JustMoney application, click on the Connect Wallet option.

Screenshot from WoxDefi


Step 4. The next step is to locate the Swap option, place the amount in TRX that you want to exchange for WOX, in my case as a test I placed 250 WOX (I ALREADY HAD THEM AVAILABLE), then click on the SWAP button.

Screenshot from WoxDefi


Step 5. Then in the left menu we must locate and click on the Stake option.

Screenshot from WoxDefi


Step 6. The next step is to set the amount we will take to Staking, in my case I set the maximum amount I had available 250 WOX and then clicked on the STAKE NOW option.

Screenshot from WoxDefi


Step 7. The next step will be to click on the Sing option to accept the terms of the smart contract and confirm the action with your TronLink wallet.

Screenshot from WoxDefi


Step 8. Then the WoxDeFi application will issue the following message "Transaction initiated. If the transaction is successful then you will receive sWOX with in minutes. Thank you", to complete the action we must click on the Accept button.

Screenshot from WoxDefi


Step 9. After a few seconds of waiting, you will be able to refresh the application and see your balance in the right segment of the WoxDefi platform, specifically in the "Your Stake Balance" menu.

Screenshot from WoxDefi


OBSERVATION:

The cover image was designed by the author: @lupafilotaxia, incorporating screenshot of the portal: WoxDefi

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Greetings @lupafilotaxia 💕❤️💕

This is really very explicit! I hope to give this a trial when staking my WOX tokens using Just Money.

Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead 💕❤️💕

Greetings @lupafilotaxia, very good explanation, another alternative to be able to stake the WOX.

Hi @carlir

Glad you liked the explanation of this step by step.

Best regards, be well.

hello @lupafilotaxia
A very concrete explanation and easy to execute, also the WoxDefi application is very friendly to handle , I think that in a very short future DeFi are going to have a major boost, receiving capital that will come from mining, these applications generate profits and that is attractive for investors
Thank you very much for sharing

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That is very good guide for people that want to get started! Do you know by any chance if there is possibility to extract all the transaction history? I am asking because of the potential travel rule in Europe and upcoming tax season :D

Hello @ga38jem

Directly WoxDeFi at the moment does not have an option to view transaction history, but if you need that information you can find it in your transaction history in TronLink wallet.

Best regards, be well.

Thank you for the advice! :)

Thank you for explain🙏Staked

Nice share this is indeed self explanatory thanks for putting up much effort to explain the step by step process of staking using justmoney app.

Thank you for the straightforward guide :)