Tutorial for WHO-SSI Task 3: How to Stake SFP to enjoy 10X amplifier benefits

Thank you for choosing SafePal and participating in the WHO-SSI campaign!

In this campaign, SFP holders enjoy 10X amplification on their staked $SFP to boost their asset value. The higher asset value you have, the higher the SSI rewards you can get. Here below is the tutorial to explain how to amplify your SFP assets, which is also Task 3 of the WHO campaign: 'Check your SFP amplifier' in the WHO-SSI campaign.

If you are already looking at the WHO-SSI event page, you can skip step 1 and step 2, directly go to step 3.

Note: Your staked $SFP assets in Task 3 will be locked for a total of 14 days, and in between, you cannot unstake or redeem the funds.

 

 

 

The article includes the following steps:

• Step 1:  Prepare by updating to the latest SafePal App version

• Step 2:  Navigate to WHO-SSI Event Page and click on Task 3

• Step 3:  Stake $SFP

• Step 4:  Completion

 

Step 1: Prepare by Updating to the Latest SafePal App Version

 

 

To smoothly participate in this WHO-SSI campaign, please make sure you have updated your SafePal App to the latest version first. You can download the latest SafePal App here.

 

 

Step 2: Navigate to WHO-SSI Event Page and click on Task 3

1. Open your SafePal App.

2. On the homepage, click 'Explore' to enter the SafePal DApp Store.

3. Click on the 'WHO-SSI' banner to enter the campaign.

 

 

Step 3: Stake $SFP

To qualify for a higher tier and receive more $SSI rewards, you can stake additional $SFP with the guidance below.

IMPORTANT:

A. Participants will not be able to stake more $SFP to boost their asset value and qualify for higher reward tiers once they confirm the reward claim.

B. To qualify for Task 3, your total staked SFP amount (combining 14-day fixed-term stakes from Task 3 + current SFPlus stakes + Bank account stakes) must exceed your pre-campaign staking snapshot amount.

1. Click the 'Check' button in task 3 'Check your $SFP Amplifier'.

 2.Tap 'Stake $SFP to Boost'.

 

3. Enter the amount of $SFP you want to stake and click 'Confirm'. $SFP you staked here with a 14-day lock period will be calculated as $0.687 * 10 = 6.87 value in your asset value for the campaign.

 

 

4. Review the staking details, choose your preferred network fee, and click the 'Confirm' button.

 

 

5. Enter your App security password and click 'Confirm' to finalize the staking transaction.

 

 

Step4:  Completion

Congratulations! You have successfully staked your $SFP to reach higher tier in the WHO-SSI campaign.

On the WHO-SSI event page, after you amplify with staking $SFP in the task 3, you can check your SFP amplifier value on the 'My Current Asset Value' section. Before you finally click the ‘Claim’ button, you can stake additional $SFP to boost for 10x asset value.

Related FAQs:

1. Is the $SFP in my wallet balance eligible for the 10x Multiplier?

No, only the $SFP staked in SFPlus and SafePal banking gateway or under the 3rd task in the SoSoValue WHO event tab is eligible for the 10x Bonus amplifier calculation.

2. Will my $SFP value staked in SFPlus be calculated?

During the snapshot, your $SFP tokens staked in SFPlus were calculated at 10x value in Task 2. After the campaign begins, you can only receive the 10x boost by staking additional $SFP tokens with a 14-day lock period in Task 3 "Check your $SFP Amplifier." Any new stakes in SFPlus after the campaign starts will not be counted. Visit the WHO-SSI page to check requirements and stake your tokens.

Thank you for staking $SFP with SafePal!

3. How much value can I earn by staking SFP in Task 3?

In Task 3, staking SFP tokens with a 14-day lock period will multiply each SFP's value by 6.87, which is calculated at 10x value.

For example, if you stake 1 SFP, you'll receive 6.87 in added value. Staking 1,000 SFP will add 6,870 to your ‘My current asset value.’

4. After the campaign starts, can I unstake from SFPlus?

Yes, you can unstake from SFPLUS and stake in Task 3 after the campaign begins. However, to qualify for Task 3 upgrades, your total staked SFP amount (14-day fixed-term stakes in Task 3 + current SFPlus stakes+ Bank account stakes) must exceed your pre-campaign SFPlus staking snapshot. The 10x asset value multiplier applies only to the amount that exceeds your SFP snapshot amount.

5. After the event starts, if I unstake $SFP from SFPlus and stake it again, will I earn additional rewards?

No, the $SFP staked in SFPlus is already recorded during the snapshot. Unstaking and staking $SFP in SFPlus again will not generate additional rewards.

6. How can I boost to a higher tier?

Once the campaign begins, you can only stake additional $SFP tokens with a 14-day lock period in Task 3 "Check your $SFP Amplifier" for a 10x boost.