How to Use the EXMR FDN dApp to Freeze & Unfreeze EXMR FDN tokens and new Rules.
By: Exmr Fdn.
Tags: Dapps, Staking Rewards, Staking, Blockchain, Exmr

How to Use the EXMR FDN dApp to Freeze & Unfreeze EXMR FDN tokens and new Rules. EXMR FDN.⚟ Nov 15, 2019·7 min read

https://dapp.exmr.io

EXMR FDN STAKING REWARDS HOW IT WORKS

Welcome this program offers you earnings in EXMR FDN through the time you place in staking within our dapp.

NOW OUR PERCENTAGES WILL CHANGE EVERY MONTH ON DAY 30 AND YOU HAVE TO TAKE ACTION EVERY MONTH.

Rules: They must place their tokens in freeze the first 3 weeks of the month that is from day 2 to day 22 and unfreeze the last week of each month from day 23 to 28 of each month since the rate or percentage will change so much towards up as down every day 30 of each month, and this implies that if you do not Unfreeze (melt) to get your profits they can be reduced, all of the above does not mean that you cannot freeze your EXMR between 23 to 26 but by the 28th day you must do an (Unfreeze) melting.

What you need to be able to generate EXMR FDN:

1) Install Metamask

2) You can buy EXMR FDN to fill your wallet at p2pb2b.io and bitrabbit.io exchanges.

3) Enter dapp.exmr.io or https://exmr.foundation/freeze and connect it with metamask when the pop up appears.

4) To freeze, click on the Freeze button, then enter the amount of EXMR FDN, click submit and you will go to metamask to approve and complete the transaction.

5) To withdraw your earnings and the EXMR FDN you go to the Unfreeze button, click on the ALL button, then submit and go to metamask to approve and complete the transaction.

It is very simple here we show you each step in graphics.

EXMR FDN. dApp Guide (For Desktop Browsers )

First, install the METAMASK wallet on your browser ( http://metamask.io).

You can import/export your existing wallets on MetaMask. If you have EXMR tokens kept on other wallets, simply export its private keys and import it onto your MetaMask wallet.

Then, visit “https://dapp.exmr.io” & “https://exmr.foundation/freeze”

Do you have a mobile device? It is recommended that you access the dApp with Metamask App only for Android users, ( Install here). and follow the same steps here...

A metamask pop-up will appear as you visit the dApp page. Connect your wallet to the dApp. Once connected, simply refresh the page to connect your statistics.

Simply type the amounts you wish to freeze on the ‘Rewards Calculator’ to see how much rewards you will be getting at the current freezing rewards %.

LIVE STATISTICS

This section shows all the live global statistics of the EXMR FDN. token.

Click on the ‘MY EXMR ZONE’ to access the freezing/unfreezing features.

MY TOTAL BALANCE: Unfrozen balance + Frozen balance

Unfrozen balance + Frozen balance UNFROZEN BALANCE: Balance available on your wallet

Balance available on your wallet MY VOTING WEIGHT: Vote to set the percentage of burn per transaction token.

Vote to set the percentage of burn per transaction token. FROZEN BALANCE: Your frozen token amounts

Your frozen token amounts FROZEN SINCE: Date of your most recent freezing action

Date of your most recent freezing action ACCUMULATED REWARDS: Your rewards available for claim

Your rewards available for claim MELTING COMPLETE: Amounts available to be released

Amounts available to be released MELTING IN PROGRESS: Amounts currently melting (any amounts you unfreeze will require you to wait 48 hours until it is moved to the ‘MELTING COMPLETE’ tab)

Amounts currently melting (any amounts you unfreeze will require you to wait 48 hours until it is moved to the ‘MELTING COMPLETE’ tab) TOTAL BURNED: Total burned tokens as a result of tokens deposited to your address

Total burned tokens as a result of tokens deposited to your address TOTAL REWARDS CLAIMED: Total freezing rewards successfully claimed & released to your wallet address

Total freezing rewards successfully claimed & released to your wallet address DAYS SINCE I JOINED: Number of days since your address first transacted EXMR FDN. tokens

Why is the EXMR dApp necessary?

EXMR dApp allows you to easily interact with the EXMR Token Contract to freeze and unfreeze your tokens as well as view global & personal statistics.

By freezing your EXMR tokens, you will be able to:

increase your voting weights

(more tokens & the longer you freeze = more voting weight)

(more tokens & the longer you freeze = more voting weight) receive daily freezing rewards (currently set at 0.01% daily)

How does freezing rewards work?

When you freeze EXMR tokens, you receive ‘x%’ of your frozen amounts as a daily reward. However, these rewards will not automatically compound. You will receive a fixed rate on your total frozen amounts.

For example:

Ted freezes 10,000 EXMR tokens. He receives 1 EXMR token every day. (Assuming that the current freezing rewards % is 0.01% daily)

Where does the freezing rewards go?

Freezing rewards are kept on the token contract as ‘accumulated rewards’ until you melt them & ‘RELEASE’ them to your wallet.

When unfreezing your token, start the melting process for 48 hours then you can release to send to your wallet

What happens if I don’t melt my accumulated rewards?

They will keep accumulating BUT if the daily freezing rewards % changes, they will also be actively applied to your accumulated rewards.

This means whenever we change the daily freezing rewards % every month, your accumulated rewards may also decrease/increase with the changed rewards %. Remember, users, vote for the freezing rewards % and burning % every month.

For example (assuming that the current daily freezing rewards % is 0.01% daily):

Ted has 10,000 EXMR tokens as accumulated rewards.

Ted decides not to claim his accumulated rewards at the end of the month.

In the next month, the daily freezing rewards % is changed from 0.01% → to 0.005%.

Now, Ted has 30 EXMR tokens as accumulated rewards.

However, if the daily freezing rewards % is changed from 0.01% → 0.005%, Ted’s accumulated rewards will change to 0.50 EXMR tokens daily.

If you do not melt & release your accumulated rewards, your accumulated rewards will change every month, according to the changing daily freezing rewards %.

If the daily freezing rewards % decreases, your accumulated rewards will decrease. If the daily freezing rewards % increase, your accumulated rewards will increase accordingly.

“Remember to claim your accumulated rewards before the end of the month if you do not wish to risk anything!”

How to Freeze EXMR Tokens

Click on the ‘FREEZE’ button on your ‘MY EXMR ZONE’.

Enter the amount you wish to freeze & click ‘SUBMIT’.

Metamask pop-up will appear. Check your gas fees & click ‘CONFIRM’.

Once you confirm your MetaMask transaction, a pop-up will appear confirming your action & a TXID link to your transaction will be available.

Once your TX confirms, refresh the dapp page.

You will notice that your ‘frozen balance’ and ‘frozen since’ tabs have been updated. That’s it! You will now start receiving daily rewards and your voting weights will begin increasing day by day.

HOW TO UNFREEZE TOKENS

Click on the ‘UNFREEZE’ button, and a pop-up will appear.

Enter the amounts you wish to UNFREEZE and click on ‘SUBMIT’.

A metamask pop-up will appear to confirm your transaction. Confirm it!

Once you have submitted the transaction, a pop-up will appear with the link to your transaction.

Wait until your transaction gets confirmed & once it’s confirmed, refresh the dapp page.

Notice that your unfrozen tokens are now ‘MELTING IN PROGRESS’.

You will need to wait for the melting period until your tokens are available on the ‘MELTING COMPLETE’ tab for you to release your tokens back to your wallet.

RELEASING YOUR MELTED TOKENS

AFTER MELTING PERIOD HAS PASSED

Once melting is complete for your unfrozen tokens, you will be able to release them back to your wallet by clicking on the ‘RELEASE’ button available below the ‘MELTING COMPLETE’ tab.

CLAIMING ACCUMULATED REWARDS

Your accumulated rewards automatically start melting whenever you unfreeze ANY amounts of tokens.

FREEZING ADDITIONAL TOKENS

If you have tokens already frozen & you wish to freeze more tokens on top of the frozen ones, your ‘UNFROZEN BALANCE (balance on your wallet)’ must be more than ‘Frozen Amounts + Melting/Melted Amounts’.

It is, therefore, best advised that you always melt & release your accumulated rewards before freezing additional tokens.

EXMR FDN. dApp is ONGOING:

FOR MORE INFO, JOIN THE COMMUNITY ON:

https://t.me/JoinEXMR