How to Redeem Staked Tokens

The following is a summary about how to redeem tokens out of a Coinecta staking NFT.

Please read our FAQ if you have any questions and need more information about how staking CNCT works.

Redeem Summary

1. Navigate to https://coinecta.fi/dashboard/manage-stake
2. Connect your wallet in which you hold the Staking NFTs
3. Pick the staking NFTs you‘d like to redeem tokens from
4. Click the “Redeem” button and double-check your redeem transaction
5. Click the “Unstake” button
6. Sign the transaction

Congratulations, you’ve now successfully redeemed your tokens out of a staking NFT.

Full Redeem Guide

To redeem your Coinecta tokens, navigate to https://coinecta.fi/dashboard/manage-stake.

Connect your wallet first. This is the hot wallet you use to sign in. If you keep the stake NFTs in a cold wallet, first sign in with a hot wallet, then using the “connected wallets” option in the user menu to add your cold wallet to your account.

Once your wallet is connected, navigate to the “Manage Positions” tab in the user dashboard.

Now, click on those staking keys you’d like to redeem tokens from.

Note: You can only claim tokens once the lock-up period you‘ve chosen for the staking NFT is over. It is not possible to claim tokens before the chosen lock-up period is over.

After selecting your Staking NFTs, click the “Redeem” button.

Double check your redeem transaction and the chosen staking NFT you‘d like to claim tokens from.

If all data is correct, you can now click the “Unstake” button.

Please sign the transaction through the wallet you have connected with the redeem dashboard.

Congratulations! That’s all there is to it! Once the transaction has confirmations, you will receive the claimed tokens to your wallet.