Cryptonovae’s Native Staking Portal is live!

Cryptonovae
5 min readFeb 28, 2023
Cryptonovae Trading Terminal

We couldn’t be more excited to share the news with our amazing Cryptonovae community: YAE token staking is back! After a brief pause, we have relaunched staking on not just one, but three blockchains — Ethereum, Binance Smart Chain, and Polygon.

We understand that our users have been eagerly waiting for this feature, and we have been working tirelessly to ensure that the staking experience is smooth, seamless, and rewarding. With this in mind, we have added Polygon as a staking option, which not only enhances the staking experience but also opens up a whole new world of opportunities for our users.

Polygon is an integral part of our trading terminal, and we are constantly looking for ways to improve our users’ experience on this blockchain. We recently introduced a referral system that pays out rewards on the Polygon Blockchain, and we plan to fully operate the marketplace and plugin creation on Polygon as well. This is why we have added this last brick, to deliver a consistent and unparalleled user experience to our community.

To bridge your $YAE to Polygon, all you need to do is use Multichain: https://app.multichain.org/#/router. It’s quick and easy, and you’ll be able to access a liquidity pool on Polygon that offers an insane APY for liquidity providers farming their LP tokens. The YAE/MATIC Liquidity pool is located here: https://quickswap.exchange/#/swap?swapIndex=1&currency0=ETH&currency1=0x4eE438be38F8682ABB089F2BFeA48851C5E71EAF and if you wish to farm YAE/MATIC LP Tokens through the portal, follow this link to add liquidity: https://quickswap.exchange/#/pools/v2?currency0=0x4eE438be38F8682ABB089F2BFeA48851C5E71EAF&currency1=ETH

But that’s not all — we’re also paving the way to staking gamification! Our users will be incentivized to perform various actions to gain access to exclusive pools or rewards by collecting badges. We believe that gamification will not only make staking more fun and engaging but also provide more value to our users.

For those who are already familiar with staking and farming, check out the numbers below to get an idea of what you can expect by staking and farming $YAE on Cryptonovae’s Staking Portal.

And for those who are new to staking, we have prepared a comprehensive tutorial in the second section of this article to guide you through the process step-by-step.

Cryptonovae’s staking March pools overview

Farming Liquidity on Polygon
Farming Liquidity on Ethereum:
Staking $YAE on Ethereum and BSC:

How to Stake and Farm on Cryptonovae’s Staking Portal:

To access the Staking Portal, select the Staking tab on your profile, or go directly to https://cryptonovae.com/account?tab=staking

With this example, we will use Metamask. Start by unlocking your wallet:

Great news! You can now easily access and explore each staking pool on Cryptonovae. Don’t forget to switch networks on Metamask to manage your pools!

To get started, you need to enable the pools you want to access. Click the “Enable” icon and confirm the YAE Staking contract interaction in Metamask. Once the transaction is confirmed, you can start staking or farming. Click the “Stake” icon and enter the number of tokens you want to add. Click “Stake” again to submit the transaction. Sign it in Metamask, and after the transaction is confirmed, you’re ready to start staking on the portal!

You’ll always know your numbers because they update in real-time. You’ll see what you stake, what you earned, what the total pool is, and what the live APY is. You can also perform different actions to manage your stake:

Harvest: This means harvesting the rewards you’ve earned so far without unstaking the initial amount of tokens you locked.

Compound: This means adding the rewards you’ve earned so far to your initial stake to earn even more rewards.

Stake More: This means adding more tokens to your initial stake.

Unstake: This means unlocking your initial stake plus the rewards you’ve earned at the same time.

If you have any questions, our team is always available on Discord and Telegram to help our community members.

We’re thrilled to offer our community members the opportunity to stake and farm $YAE on Cryptonovae’s Staking Portal. We’re confident that this feature will provide even more value to our users and make their experience on Cryptonovae even better. So, what are you waiting for? Join us now and be part of the staking revolution!

About Cryptonovae

Cryptonovae is an all-in-one trading ecosystem to manage digital assets across multiple cryptocurrency exchanges. It provides users with a sophisticated trading experience through advanced charting features and trade management — intuitive, homogenous, and easy to use for traders at all levels of experience.

With its integrated marketplace for automated trading systems, signals, and trading tools, Cryptonovae provides an all-encompassing and state-of-the-art trading experience. Its very own utility token YAE serves as a central piece to the ecosystem, allowing users to engage with the ecosystem through its core function as native payment.

To learn more about Cryptonovae check out below and don’t forget to subscribe to our newsletter here.

Official links

Investing in YAE tokens involves the risk of a partial or total loss of the investment. There can be no assurance as to the liquidity of the tokens acquired during the offer, the existence of a secondary market for such tokens, the value of the tokens acquired during the offer, and the equivalent value of these tokens in foreign currency.

The YAE tokens do not constitute financial instruments within the meaning of European regulations (MIFID) and do not confer any other rights than those described in our pitch deck and technical white paper. In addition, the regulatory framework applicable to the offer and to the tokens and the tax regime applicable to the holding of the tokens is not currently defined in certain jurisdictions.

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