Bear Staking
Basics
Staking is the main utility for the Baller Bear NFTs. It allows you to earn Honey ($HNY) tokens which can be used to mint some of our future collections, and you can swap them for ETH in our liquidity pool.
How Staking Works
To stake your Bear essentially means sending it from your wallet to the staking smart contract. While it sits in this contract, it will accumulate Honey tokens which you can claim at any time. When you are done staking and want your Bear back in your wallet, you can unstake it and it will be transfered back to your wallet.
You can stake, unstake, and see the amount of Honey tokens it has accumulated on the staking page of our website.
How to Stake
There are only a few steps required to get your Bears staked!
Connect your wallet using the buttons on the website.
Once connected, navigate to the "Bear Staking section" you will see a new button asking you to approve the contract, click this button and confirm the transaction in the MetaMask (or Coinbase Wallet) window that appears. Once the transaction goes through, a new section of the page will appear.
You will now be able to see buttons labeled "claim", "stake", "unstake", and "info". Click the "stake" button and an input window will appear.
Enter the ID(s) of the Bear(s) you want to stake (as instructed on the page), and submit it. A MetaMask (or Coinbase Wallet) window will appear. Confirm the transaction.
Once that transaction goes through, you're done! Your Bear is staked. Refresh the website for your new data to appear.
How to Unstake
The process of unstaking your Bear is very similar to staking it.
Connect your wallet using the buttons on the website.
Once connected, navigate to the "Bear Staking" section and click the "unstake" button, enter the ID(s) of the Bear(s) you want to unstake then submit it.
Confirm the transaction in the MetaMask (or Coinbase Wallet) window that appears.
Once the transaction goes through, your Bear will be unstaked and it will appear back in your wallet!
How to Claim Honey
The process of claiming Honey has been made quite easy!
If you haven't imported Honey to your wallet yet, go to https://ballerbearsnft.com/honey to do so. This will allow you to see your Honey balance directly from your wallet.
Connect your wallet using the buttons on the website.
Once connected, click the "claim" button and confirm the transaction in the MetaMask (or Coinbase Wallet) window that appears.
Once the transaction goes through, your hard-earned Honey tokens will be appear in your wallet! If you are unable to see your Honey balance in your wallet, click here to learn how to import Honey.
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