Staking App

All you need to know about the staking application for NOVA token.

Now you have your LP tokens, learn how to start staking to earn NOVA tokens.

Start staking

  • Click on Connect to link your Metamask wallet and log to the app.

Click connect to get started
  • If you have not LP tokens yet, click on Add Liquidity and follow the steps How to Stake

  • If you have LP tokens already, click on Start Staking

Click "Start staking"
  • Then, enter the amount of LP tokens to stake and click on Approve contract

Choose how much you wish to stack and click the green button
  • Approve the contract in metamask

always check that the origin is https://app.komet.finance !
  • Then you will see a recap of the amount of LP tokens to stack. Click Start staking and valid once more on metamask

Make sure that the selected amount is the one you've chosen!
  • After the staking has been launched with success, you can check your activity into the staking info and staking reward boxes.

Claim rewards

The claim rewards option will allow the user to recoup their rewards without withdrawing their LP tokens from the liquidity pool. It will also leave your fees level unchanged!

Withdrawal fees only apply to the NOVA tokens! We NEVER apply fees to your LP tokens

  • Click on Claim rewards

  • A modal opens and shows the details of your reward and the fee calculation.

  • If you wish to proceed, click on Start and confirm the action on metamask

  • and that's it!. Your LP tokens are still in the pool, your fees are unchanged and you can see your freshly recouped NOVA tokens on the top of the app

When you claim your reward, withdrawal fees do not change!

LP Withdrawal

When you click on Withdraw LP you will receive your LP tokens and your unclaimed reward.

  • Click on Withdraw LP

  • A modal opens in which you can decide how many tokens you would like to withdraw. Whenever the amount changes, the preview panel underneath the input will adjust to give you a live aperçu of what performing the action would do.

bear in mind that your fees will reset to 30% when you withdraw any amount of LP tokens.
  • Once you are happy with your selection, click on Withdraw LP and confirm your action on metamask

  • And that's it. You can check your LP tokens and NOVA balance at the top of the app

When you claim your LP tokens, withdrawal fees are reset to 30%.

Withdrawal fees

Fees start at 30% and decrease by 1% every second day until reaching 1% (60 days after staking).

Days of staking

Fees (%)

1

30%

3

29%

5

28%

7

27%

9

26%

11

25%

13

24%

15

23%

17

22%

19

21%

21

20%

23

19%

25

18%

27

17%

29

16%

31

15%

33

14%

35

13%

37

12%

39

11%

41

10%

43

9%

45

8%

47

7%

49

6%

51

5%

53

4%

55

3%

57

2%

59

1%