Managing your Yield account. How to open and manage stakings

How to open a new staking

1. On the Yield Rates page, choose the Currency that you wish to Stake and click 'Stake now':
2. In the 'New Staking' window, select the Amount to stake and click 'Stake':
After clicking 'Stake', your staking request will be set to pending status and will be activated at 00:00 UTC.
Requests to open new stakings can be placed at anytime throughout the day and will remain pending until processed. All new Staking requests are processed once a day at 00:00 (UTC time). A staking request placed before 23:00 UTC will be processed on the following day. Any staking request placed after 23:00 UTC will be processed on the day after the following day.
Once a request to open a new staking has been placed it cannot be cancelled.
All active and pending stakings are reflected in the 'Current stakings' module on the My Accounts page:
Clicking on an active staking will bring up the 'Staking stats' page with a detailed breakdown of the staking, as well as APY% and Equity charts.

How to close an active staking

1. To close an active staking, click on that staking in the 'Current stakings' on the My Accounts page:
This will bring up the 'Staking stats' page with detailed statistics of the staking as well as APY% and Equity charts for the selected staking:
2. Next, click the 'Close Staking' button in the 'Staking management' block:
3. In the 'Close staking' confirmation window check the 'I agree' box and click 'Confirm':
It is important to keep in mind that the earnings reflected for open stakings is purely indicative. The initial staking amount and calculations of actual final earnings, if any, are realized and added to your Wallet only upon the closure of the staking.
Requests to close stakings can be placed at anytime throughout the day, but will remain pending until processed.
All pending closure requests and corresponding calculations are processed once a day, at 00:00 UTC. A staking closure request placed before 23:00 UTC will be processed on the following day. Any staking closure request placed after 23:00 UTC will be processed on the day after the following day.
Once a request to close a staking has been placed it cannot be cancelled.

COV membership: increasing your APY%

Activating a COV membership unlocks additional benefits, such as an increased APY%:
This allows Yield account participants to maximise return rates up to 2x

Staking Limits

Staking limits are reviewed periodically and are subject to change. Current staking limits are as follows:
Currency
Min. Initial Amount
Max. Initial Amount
Max. Staking Limit
ETH
0.04
12
12
USDT
100
50,000
50,000
USDC
100
50,000
50,000

Sold out DeFi Yield projects

Occasionally the 'Stake now' buttons may become greyed out with a ‘Sold out’ label (as shown in the screenshot below):
This means that at the moment PrimeXBT has used up their pool of selected DeFi projects to forward client’s funds for yield farming, and does not have available projects that would accept new stakings.
In such cases it is necessary to wait until new stakings are accepted by the connected DeFi projects before staking your funds. Once new staking opportuities become available, the 'Stake now' button will be enabled again.
Last modified 12d ago