Finally, unstaking and liquidity mining is about to go live with world of exchange decentralised finance (Woxdefi)

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Remember I hinted that there is nothing sweater than investing in a project that got your back day and night. A project that is very active and a project that is able to update it community when there is little issues or problems. When it comes to cryptocurrency such team is very needed. When you find a project which such criteria I think it is vital to hold and treats it special. This is simply because they are rare.

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Many of those cryptocurrency project owners still at this stage don't knows that treating your community nice is so important for the progress of your project. The moment you take decisions by your self just the way you like you will surely get hit along the line. This will impact your cryptocurrency project negative and with time many people will pull out of your project since you are autocratic just because you love to take decisions by yourself without seeking consent from your community if such move should be taken or not.

If you are the type that is good in seeking the attention of your community before taking decisions, you will see them feeling welcomed in your project. With that sole reason you will see them loving to put in all that they have into your cryptocurrency project. You knows that if you get their support, it will surely have positive impact in your cryptocurrency project. With this, it is vital you take such part and see your project waxing better and stronger.

The sole reason why I am talking or refering to seeking of community/team or customers before taking decisions is simply because of how the Wox team are good with guiding their members and also ensuring that they feed us with what is being expected through different announcement. If for instance they wants to run something and there is slight delay, you will see the Wox team constantly updating the community the reason for the delay. They will also update us when the launch of such feature will come alive once again.

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Take a look at the launch of the unstaking and liquidity mining reward which was suppose to go live on the 20th of March, 2022. That didn't happen because of some certain issues. The team kept us on a low and they return with an announcement stating when the new day for the unstaking and liquidity mining claim will go live. This is just too amazing. With the way the team are behaving you will see that many customers/members will love to invest more fund, time and attention with them. This is simply because they knows the team are up and running, they are definitely playing their card well.

Before I digress further I will love to simply state what staking means in cryptocurrency. I believe they are some newbies who might come across this post, so this post will be vital to them. This is the sole reason I will be defining what is staking.

What is Staking?

Staking can be defined or seen as the process whereby you hold some certain cryptocurrency and at the end you will earn reward for it. This feature was introduced into decentralised finance for the sole reason to reduce dumping of the token which might aid to crash the price of such cryptocurrency project. Why your token is being staked you will see that the cryptocurrency project will put your stake money into use. It is the money they generated from putting your money into use which is proof of work that they will use in paying you for staking your coin instead of dumping it. This is like compensation.

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Staking challenges

Since your cryptocurrency fund will be locked up for some certain period of time, there is every tendency that during the time it will be locked up if you needed fund you won't be able to collect it until the duration is met. What if you have emergency? This is one challenges or rather still disadvantage in staking.

How to unstake when it goes live in Woxdefi

Unstaking in Woxdefi is very easy. Once your duration has elapse i.e the 30 days duration, all you have to do is to visit this website through the Tron app.

After visiting the link all you have to do is to click on the three check mark at the top and allows it to open. After doing that and it open, click on Stake. Now click on Unstake and follows the instructions there. It is so simple.

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How to access liquidity mining reward once it goes live

Accessing liquidity mining reward is very easy. As from tomorrow all you have to do is to visit this website through the Tron app.

After visiting the link all you have to do is to click on the three check mark at the top of the display page, allows it to open. After doing that and it opens, click on Liquidity mining, it will open. You will see everything there. It is so simple.

Conclusion

If you go through this post and you understand it, there is every tendency that you won't have any problem when it comes to how to unstake and access liquidity mining. So go through this post and make use of it. Thanks

            Tfame3865  
            signed out


          All screenshot was taken 
           with my phone.

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  • If you love my post, feel free to comment and also support me, it will help to get me motivated. Remain bless as you read the post.

For more Information about Woxdefi you can check the various links below.

Discord group

Telegram

Website

Purchase Wox through this link

  • If you love my post, feel free to comment and also support me, it will help to get me motivated. Remain bless as you read the post. Thanks

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