Components

The core of staking in Luckaton

Staking Components

Claim

Overview: The Luckaton ($LUKT) Claim Rewards functionality is designed with a focus on providing users with flexibility and efficiency. It champions user autonomy by allowing investors to claim their staking rewards manually at any time, offering instant access and control over their accrued earnings.

Dual Claiming System:

• Manual Claiming: Users can initiate the claim process at their discretion, ensuring they can access their rewards when needed.

• Automatic Claiming: In tandem with manual claiming, the system is designed to automatically claim rewards for users during staking or unstaking actions. This ensures users effectively receive their rewards without additional steps, simplifying asset management within the $LUKT ecosystem.

Stake

Functionality: The Staking feature in Luckaton ($LUKT) is optimized for ease of use and effectiveness. It grants users the flexibility to stake a specific amount of tokens or utilize a one-click option to stake all available tokens. This feature not only facilitates the growth of their investment but also integrates smoothly with the ecosystem, offering an efficient and straightforward method to increase their participation on the $LUKT platform.

Unstake

Procedure: The Unstaking process in Luckaton ($LUKT) prioritizes security and transparency. Initiating an unstake requires user authorization, emphasizing our dedication to security and personal control over digital assets. Following authorization, an on-chain transaction is necessary to complete the withdrawal of tokens from the staking contract.

Unstaking Method: Complete Withdrawal

To maintain simplicity and security, the platform mandates that users unstake their total holdings, disallowing partial withdrawals. This policy is designed to ensure a straightforward and unambiguous transaction process, aligning with our goal to deliver a user-friendly and secure investment experience within the $LUKT ecosystem.