How to stake FRA to Claim FAIRY (for PC users)
Last updated
Last updated
One of the most exciting aspects of the rise of cryptocurrency is the ability to earn passive income from staking and farming. However, it can be tough to know where to begin — which is why we’ve broken down for you step-by-step how to earn passive income in FAIRY tokens by staking your FRA.
FairySwap is the first automated market maker (AMM) decentralized exchange (DEX) built on Findora. Because of Findora’s unique, privacy-preserving architecture, FairySwap offers protections that other DEXs can’t, like programmable privacy and confidential transactions. It gives you all the advantages of a DEX — permissionless access and self-custody of keys — without exposing your personal or transaction data on a public blockchain.
Using Findora’s EVM, FairySwap will provide you with unbelievably fast cross-chain swaps with Layer 1 chains like Ethereum and Binance Smart Chain while minimizing transaction fees. It also allows you to stake FRA, Findora’s native token, in order to farm tokens like FAIRY. FAIRY is the governance token of FairySwap, so holding those tokens will give you voting rights to help determine the future of the DEX.
Here’s how to farm FAIRY with FRA. Let’s dive in!
Please be careful to follow this process step-by-step! Skipping steps can result in a failure to stake. .
Before we begin, you will need a MetaMask wallet that is configured to Findora. If you don’t have that, you will need to :
| Install MetaMask and create or import an account.
| Finish configuring the Findora chain (i.e. add the Findora network)
| Transfer FRA to your MetaMask wallet
We walk you through step-by-step how to do all that as well, but if you already have a MetaMask wallet configured to the Findora network, you can skip to “” section.
Download MetaMask . Install MetaMask as an extension to your browser.
Follow the prompts to create or import a wallet account.
NOTE: keep your account’s mnemonic key phrase in a safe or offline manner. If you lose this, you will lose control of your MetaMask funds, and if someone else has it, they can access and control your MetaMask wallet.
Step 1：Inside your new MetaMask wallet, click on the drop-down list to the left of the avatar at the top right of the page.
Step 2：Choose Add Network at the bottom to add Findora Network
Step 3：On this page, please fill in the networks setting
o Network Name：Findora mainnet or you can customize your network
o New RPC URL：https://prod-mainnet.prod.findora.org:8545
o Chain ID：2152
o Currency Symbol：FRA (optional)
o Block Explorer URL：https://evm.findorascan.io/
Click “Save”. Congratulations, you have done your preparation work and are able to stake now.
Once you have a MetaMask wallet and configured the Findora network on it, it’s easy to stake FRA tokens to earn FAIRY. In general, the steps are:
Acquire FRC-20 FRA to fund your MetaMask Wallet
Connect your MetaMask Wallet
Stake FRA and claim FAIRY
Step 2: After you download and install your wallet, create your password. Carefully save this password! It cannot be recovered if you lose or forget it! Password requirements: upper and lower case letters, numeric characters, special characters, and at least 9 characters long
Step 3：Click “create wallet”
Step 4：Save your key phrase in a secure place! This phrase represents the keys to your wallet: if you lose them, they cannot be recovered, and if someone else has access to them, they also have full access and control over your wallet.
Step 5: Once you’ve saved your key phrase, click “NEXT” to start the verification process. You will be required to enter three of the words in the correct order to verify that you do have your key phrase.
Step 6：Use the Prism option on the left side of the screen to transfer the FRA now in your Findora Desktop wallet from the native chain to the smart chain. as shown in the following picture. You can’t use Prism to send FRA directly from the native chain to an exchange. You have to use the EVM-Compatible wallet on the smart chain in Findora to transfer tokens to an exchange.
Step 1：Click “Enable Contract” to pay the gas fee，and click “Confirm” to finish this step.
Step 2：Click “Stake”and then type in the staking amount. After clicking “Confirm” and paying the gas fee, you will have successfully staked your FRA to earn FAIRY.🧚♀️
Step 1: Click “Harvest” and pay your gas fee.
Step 2: Add Custom Token and import tokens by typing token contract address, then you can check your FAIRY balance. (Note: the contract address of Fairy is 0xccc94d78b01d94330f25f7b8e827ef24249132de)
Step 1: Click to download Findora Desktop Wallet (version 0.3.0+) and create a wallet address starting with “fra” Here is an example: fra1qer9bn3kdnhfnwql7n94h5seasur4k4qcnd9wf17nrcwrj6dap7sxr5jxz
Step 5：Buy FRA at and transfer FRA to Findora Desktop Wallet from Gate. (Note: The withdrawal address is the address generated by Findora Desktop Wallet, and the amount of tokens withdrawn should be more than the withdrawal fee)
Click to navigate to the Farm page of FairySwap and click “Connect Wallet.” Select MetaMask on the screen that pops up.