Pancakelock Staking is live!

LockiFi (formerly PancakeLock)
2 min readNov 4, 2021

We are happy to announce to our cherished community that our Second product on Pancakelock Finance is LIVE

Our staking portal is now live, in beta. And to celebrate, for just 7 days, all PLOCK bonuses will be DOUBLED, and remain so, for as long as they remain staked. 500% APY Bonus ends in 7 days so get staking!

To ensure that everything goes smoothly for our holders, we prepared a step-by-step guide.

Staking

For all who wish to stake their tokens in order to pick up PLOCK, please follow the following steps:

1. Click on the following Link

2. Connect your BSC compatible wallet

3. Make sure there is at least 1000 PLOCK balance

4. Input how many PLOCK Tokens you wish to stake

5. Click Stake

Common Questions

Can I Unstake my PLOCK once staked?

Yes, at any time after staking you can Unstake your PLOCK by using the ‘Unstake’ button. You should note that a 2% fee will be charged if you Unstake. Remember all transactions on the Binance Smart Chain require a gas fee, there will be a gas fee to Unstake.

When staking, PLOCK is there a minimum stake?

Yes, the minimum amount you can stake is 1000 PLOCK.

I’m getting an error when trying to stake?

  • Ensure you have enough BNB in your wallet to cover staking costs
  • Remove decimal places from the amount you want to stake

I’m getting an error when using trust wallet?

There seems to be an issue with trust wallet, try metamask.

The transaction is taking too long?

How long a transaction takes will depend on the gas price selected and how busy the network is. To ensure the transactions goes through quickly, opt for the fastest gas fees.

What are the benefits of staking?

If you are holding PLOCK in a wallet or an exchange. You are not earning any interest/rewards. If you choose to stake, you can still hold onto your tokens but also earn up to % interest per day on them.

That’s it for now. Please do provide us constructive feedback as we continue to build this Platform. We really value our wonderful community’s ideas and opinions!

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