How to Stake FIL to Get FIL in Filet with TokenPocket on HECO Chain
With the help of decentralized smart contracts, community governance, and selected high-quality mining pools, Filet creates a decentralized FIL mining service platform with tokenized Filecoin mining power, low entry barrier, and transparent mining pools & returns, allowing ordinary players to participate in mining with zero risk, high returns, and low barrier.
Preparations
For mobile phone operations, this tutorial uses the TokenPocket as an example. First you need to:
Install TokenPocket App and create or import a HECO wallet.
Withdraw tokens (FIL, USDT, HUSD, HT) from the exchange to the TokenPocket, where HT will be used as the transaction fee, and other tokens will be used to participate in mining.
If you have installed the TokenPocket and created or imported a HECO wallet, and have the corresponding tokens in your wallet, you can skip this step and directly start participating in Filet mining.
Install TokenPocket App and create or import a HECO wallet
1. Tap here to download TokenPocket.
2. After installing the TokenPocket wallet, open the App and create a HECO wallet according to the following figure.
Properly keep the private key and the mnemonic phrase of your account. And then copy the address of the wallet.
Withdraw tokens from the exchange to TokenPocket wallet
- In the exchange, Tap Balances and select the tokens to be withdrawn.
2. Tap Withdraw. In the Withdraw page, select HECO chain, and paste the wallet address you copied previously. After confirmation, the tokens can be withdrawn to the wallet.
Participate in Filet mining
- In the Discover tab of TokenPocket, search for Filet or enter the URL: app.Filet.finance to enter the Filet page.
2. Enter the Filet, connect the page to your wallet.
3. Obtain your mining power. In Filet, you can obtain the mining power in the following two methods:
Stake FIL or FILE to obtain the mining power for a certain number of days. You can withdraw it when the stake expires.
Use USDT or HUSD to purchase a certain number of days of mining power, which will be automatically terminated after expiration and cannot be refunded.
This article takes the staking of FIL for 180 days as an example. In the Stake tab, tap Stake in the corresponding area.
Similarly, you can also choose to use USDT or HUSD to buy mining power in the Purchase tab.
4. In the pop-up page, enter the stake amount, check to agree to the terms of service, and tap Confirm. After confirming the transaction, you can successfully stake.
5. After the staking is successful, the page automatically jumps to the Assets page, where you can view your assets, earnings, and records of obtaining mining power.
In each record of obtaining mining power, tap See Details to view its detailed information. When there are earnings, you can claim the earnings that has been generated, and your stake can also be withdrawn when it expires.
Note: After the mining power is obtained through staking, the staked assets can be withdrawn when the staking expires. However, after the mining power is obtained through purchase, the spent funds cannot be returned.
Now, you have successfully participated in Filet mining, just wait to get mining earnings.
Withdraw principle and claim earnings
In My Mining Power on the Assets page, you can withdraw the staked mining power and withdraw earnings.
When there are earnings, you can claim the withdrawable earnings at any time. For the mining power obtained by staking, the principal can be withdrawn when it expires. For the purchased mining power, the spent funds cannot be returned when it expires.
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