Welcome to the DevvE launchpad and staking platform!

Alongside our Staking Tutorial video, you can read about all the steps below. You will also find a section with the most frequently asked questions and their answers. And if you still need support, the DevvE team is always happy to help, either on Telegram, via Email or in our Discord. All links are below this article.

Enjoy reading, watching and staking!

Staking Tutorial Video

Staking Tutorial Walkthrough

To get started with staking, you’ll need to connect your wallet.

We support four types of wallets: MetaMask, Coinbase Wallet, Wallet Connect, and Fortmatic. Keep in mind, the DevvE token is an ERC-20 token.

Make sure you have some Ethereum for gas costs and your DevvE token in your wallet.

If you need to add our token, you’ll find the contract address on the DevvE.io website, CoinGecko, or CoinMarketCap. The contract is: 0x8248270620Aa532E4d64316017bE5E873E37cc09

Always double-check the contract address before entering it. The easiest way to add DevvE to your MetaMask is by adding a custom token.

Just go to “Import Token” -> “Custom Token” and enter the contract address.

Since DevvE is an ERC-20 token, you’ll also need some Ethereum in your wallet.

Polygon is the first of multiple chains that will be supported for the Launchpad. Your wallet may ask you to connect to the network or the contract. We’ll show you how to do this during the process. Because the platform operates across two chains, you might be prompted to switch the chain from Ethereum to Matic when you connect your wallet. Simply cancel this and proceed.

You’ll find the staking tab at the top of the website’s menu bar. Once you’re on the staking page, staking is easy.

You’ll see your connected wallet, your available DevvE balance, and any currently locked DevvE.

Underneath your stake amount, you’ll see an input field and a slider.

If this is your first time using the launchpad, before you can stake your DevvE, you’ll need to approve DevvE to be spent before you can stake your tokens. It’s exactly same process as staking DevvE, but will look slightly different in Metamask. It will ask you to approve a spending cap (how much DevvE can your Metamask spend / send to the staking contract). This need to be more than the amount you’re about to stake — so its easier to just click max and approve the transaction. This should cost about $1–2 in Ethereum.

You can either enter the amount you want to stake manually or use the slider. As the amount of DevvE increases in the field, your allocated tier will also increase automatically.

Once you’re happy with your selection, click the green “Stake DevvE” button.

A disclaimer will pop up. It explains that once the tokens are locked, they can’t be unlocked until the period ends. It also highlights that KYC (Know Your Customer) is mandatory for any future launchpad token purchases.

Finally, it states that you’ll lose access to any future DevvDrops if you unstake your tokens.

If you ever want to change your lock period or upgrade your tier, simply add more DevvE to your stake. A popup will ask you to select the lock period and confirm your agreement to the three conditions mentioned earlier.

Once you select “Continue,” the transaction will be sent to your MetaMask. Please allow some processing time, as the Ethereum network can be busy.

Upon completion, you’ll see the increased amount of locked DevvE, the decreased available DevvE, and information about your new tier. You can also view your transaction history, your place on the staking leaderboard, and the percentage share of the pool you hold.

Now that you’ve staked your tokens, you’ve earned the right to participate in any upcoming token sales.

Once a pool opens, you’ll be able to pledge tokens based on your allocation. We’ll guide you through this process in the next tutorial.

In the meantime, if you have any questions, feel free to join our Telegram or social media channels.

Launchpad Video Benefits Overview

Frequent Questions and Answers

Find some questions below that we came up in our Telegram chat:

Q: Do we have to lock it for 9 months?

A: No, you can choose your locking period. Locking gives you a multiplier for private sale allocations. But if you choose (tier 2 and above) to lock for 9 months before the 14th of June 2024 you will be eligible for the Genesis NFT. More details in our medium

Q: How do I choose the months to stake for?

A: You’ll get a pop-up before confirming the transaction and from here you can choose the duration of the locked stake.

Q: Will I qualify for DevvDrop as well when I stake Devve?

A: Tier 2 and above are eligible for DevvDrops and need to be staked or locked for a minimum of 3 months.

Q: You’ve previously said the DevvDrops are open for all tiers, but I can’t lock for 3,6 or 9 months as a Seedling?

A: No you can’t. We’ve reviewed and decided to make DevvDrops T2 and above for the near future. Our goal is keep a reasonably low barrier to entry for the DevvDrop into the future that will be subject to review at a later stage.

Q: How long does it take for staking to show on the leaderboard?

A: Right away. You can see your stake on the top of the site. The leaderboard is sorted by the amount of staked DevvE.

Q: Can I stake without locking?

A: No, you can’t. The platform lock is 30 days. You will not qualify for the DevvDrop with the minimum platform lock.

Q: What are the benefits if tokens are locked for 6 months comparing to 3 months?

A: Staking for longer durations offer additional rewards or benefits, especially a higher multiplier for private & public sale allocations. Locking gets you instant multiplier credit. More details about the formulas in our medium article

Q: How much is the gas fee to stake Devve? It says not enough ETH balance.

A: It will vary when the network is congested and we agree this really sucks. At the time of writing it is around $16–26. This varies depending on the blockchain usage and the current Eth price. We will solve this problem when we migrate our tokens to mainnet.

Q: Can I stake on mobile?

A: Please use a Mac or PC, mobile integration is a completely different architecture and is on the roadmap but is not available for this first version of our staking platform.

Q: Do I need to send tokens from an exchange to stake them?

A: You will need custody of your tokens in order to stake. The best way to do this is to send tokens from a CEX to an EVM compatible wallet such as Metamask.

Q: If I stake my DevvE, do I require KYC for the DevvDrops?

A: No, KYC is not required for DevvDrops if you stake DevvE. KYC will come into play for the launchpad project allocations.

Q: Where do I find out more about the different staking period benefits?

A: The difference in staking periods can be found in the medium article

Q: Will the Devvdrop carry a vesting period or not?

A:DevvDrops will be vested linear over a 12-month period.

Q: Are the DevvDrops or airdrops accessible immediately?

A: DevvDrops and airdrops are not accessible in full immediately upon staking; they will initially be supplied by projects using the LaunchPad. DevvDrops will typically commence post TGE and the vesting happens over the following 12 months.

Q: If I unstake, will I still receive future DevvDrops?

A: No, as soon as you unstake you will lose the right to claim DevvDrops.

Q: When my staking period ends, can I just keep staking without relocking and still receive DevvDrops?

A: Yes, you only lose those benefits if you unstake.

Q: Do you have to lock for 9 months to receive the Genesis NFT?

A: Yes.

Q: Does the DevvDrop take into consideration the period that you have staked or just the amount you once staked? Does it count multiple times if I just stake 10 times for 30 days?

A: For the DevvDrop there is no multiplier, as long as you are staked from Tier 2 and above you earn your share depending on the share of your staked tokens versus total staked tokens. As long as you are staked at the beginning of a new DevvDrop, you will be eligible. Once unstaked, you lose any future claim options.

Q: Genesis NFT will be sent to wallets or will they need to be claimed?

A: These will be airdropped on the Polygon chain.

Q: Will all Genesis NFT be the same, or will there be different tiers based on how much you stake?

A: We will have some surprises in store for the Genesis NFT holders and add some super rare exclusives. This won’t be dependent on the amount of staked tokens, as long as you fulfil the general Genesis NFT criteria. Stay tuned!

Q: Does adding tokens to your stake restart the lock period? What happens if I originally staked for 9 months, have 4 months left on my lock period and add a new stake into the 3-month lock?

A: Adding tokens can increase your staking tier and your staking benefits. You can currently only top up the same locking period, which will re-start the locking period for the whole token amount in your stake.

Q: Is there any APY for staking?

A: You will receive DevvDrops from native launchpad projects and DevvExchange listings, but not DevvE tokens directly. Depending on the native token supply for DevvDrops and your staking share of total DevvE stake, you can in theory calculate an APY for your own stake. This is an especially intriguing concept, as the DevvE holders don’t get diluted. The opposite: Locking DevvE tokens is taking a lot of liquid supply out of circulation!

Q: Where do DevvDrops go? The same wallet you staked? Airdrop or claim?

A: You will be able to use the claim portal on our staking platform to claim your personal DevvDrop share.

Q: Are airdrops from tier 2 or tier 3?

A: From tier 3 and above. Please also check the below tier infographic.

Q: Are Launchpad and Devvdrops connected? Or you can you have one without the other?

A: The DevvDrops are complementing the launchpad and are adding a very exciting element! You can see the DevvDrops as additional utility for our stakers, but you can of course use the Launchpad only for the launching project allocations.

Q: Will Genesis NFT be transferable?

A: Yes. This might add some interesting value and trading aspects for all holders.

Q: Can someone KYC 2 different wallets?

A: No.

Q: What is the deadline for staking to get $FIAS DevvDrop?

A: You will need to be staked from Tier 2 and above. Stake at latest on the 20th of May to earn the $FIAS DevvDrop.

Q: What is the deadline for staking to get the Genesis NFT?

A: You will need to be staked at latest on the 14th of June and fullfil the other elibility criteria to receive the Genesis NFT.

Q: Can someone stake using a cold wallet?

A: Yes, as long as you use it with one of the supported browser wallet extensions.