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Staking & Burning

$PINE Burning & Staking

If you have questions, trouble, suggestions etc. at any time, then weโ€™ll be directly available in Discord to help you out: discord.gg/pineprotocol

โš ๏ธ Always ensure that youโ€™re on the right domains โš ๏ธ - pine.loans - app.pine.loans

We advise to bookmark the URLs to prevent going into possible phishing websites that are using similar names ๐Ÿ“—

๐Ÿ‘‰ Head over to https://pine.loans/ and select โ€œLaunch Appโ€

๐Ÿ‘‰ Head over to โ€œ$PINE"

Make sure you're connected to the Polygon network before staking or burning your $PINE tokens. Polygon was selected so you can enjoy low-fee transactions ๐Ÿ’š

๐Ÿ‘‰ In order to start staking, proceed to the Stake/Burn section and select the "Stake" button

๐Ÿ‘€ You will be presented with a pop-up where you can select the amount you wish to Stake. Simply select the amount you want to stake and select "Approve"

๐ŸฆŠ Due to a new MetaMask update, users are now asked to input their Spending Cap. In order to guarantee that staking and burning will always function, be sure to select the "Use default" option as seen here:

๐ŸฆŠ Approve the transaction when prompted

๐Ÿ‘‰ We can continue to officially start staking. Select the Stake button and watch the magic unfold!

๐ŸฆŠ Approve the transaction when prompted

๐ŸŽ‰ Congratulations, that's it! To see how much you can earn by Staking, be sure to check out the current Age under the Ecosystem section of our docs.pine.loans. The longer you stake $PINE, the more your rewards will increase exponentially! ๐Ÿ˜Ž

๐Ÿ”ฅ In order to start burning we can follow the same process, except this time we will select the "Burn $PINE" button under the Stake/Burn section:

๐Ÿ‘€ You will be presented with a pop-up where you can select the amount you wish to burn. Simply select the amount you want to burn and select "Approve".

๐ŸฆŠ Due to a new MetaMask update, users are now asked to input their Spending Cap. In order to guarantee that staking and burning will always function, be sure to select the "Use default" option as seen here:

๐Ÿ‘‰ We can continue to officially start burning. Select the Burn button and watch the magic unfold!

๐ŸŽ‰ Congratulations! That's it!

โ“ Be sure to check out our $PINE FAQs page for more information or if you have any questions regarding our Borrowing feature.

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