To earn a yield on your TRI tokens, you can supply liquidity for TRI tokens, provide TRI token pairs in the Farm, or stake TRI tokens.
To stake TRI tokens, you should ensure you have TRI tokens in your Coinbase Wallet and then follow the steps below:
Step 1: Go to the Trisolaris Staking Portal, connect your wallet.
Step 2: Enter the amount you want to stake then hit “Approve” & Confirm in your Metamask.
Step 3: After that hit “Stake” & Confirm in your Metamask again.
Once you have staked your TRI, there are things you need to consider going forward:
Native staking rewards on TRI are composed of:
Transaction Fees: The Trisolaris DEX currently takes a protocol fee of 0.3% for swaps, All revenue collected by Trisolaris DEX will be converted into USN, USDT & USDC, these stables will then be added to the existing 3pool to get LP tokens back, and eventually will be distributed to stakers based on their proportion in the staking pool. Staking rewards are remitted on a daily basis.
Whilst we want to ensure staking is as safe and transparent as possible, there are still things to consider regarding whether a specific staking option is right for you.
Slashing risk: There is no slashing risk involved when staking TRI tokens.
Unbonding risk: You can unstake TRI tokens instantly without fees so there is no unbonding risk.
Protocol security risks: There is an inherent risk that the protocol could contain unknown bugs. This not only applies to staking but your TRI investment in general.
Please note that this is not an exhaustive list of all the risks related to staking.
TRI is the native token of Trisolaris that is used to carry out the key functions of the platform as detailed below:
Token Utilities:
The supply of TRI is capped at 500M.
Initial Distribution Breakdown
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