Guide to staking assets to receive Flamingo (FLM)

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Guide to staking assets to receive FLM

Some notes before going into specific instructions

Procedure

Cashflow Flamincome Flamingo
Source: Tintucneo

* Those who hold assets on Ethereum will go from left to right in the process below (starting with "Root Assets")

Specific steps according to the milestones:

September 23 at 09:20 (Vietnam Time)

Module "Flamincome"Will be launched. You guys hold assets on Ethereum, including wETH * / WBTC / USDT / UNI-V2 WBTC-ETH LP, if you want to join farming, you will need to send the assets to the module "Flamincome" before joining Flamingo.

-> Where this section is going from "Principal Assets" to "Valued Assets" in the picture above everyone.

See article "Instructions for use of Flamincome"For specific instructions.

September 23 at 09:20 (Vietnam Time)

Module "Wrapper"Will be launched. You who hold NEO, you hold assets on Ethereum (did the "Flamincome" step above ") and you hold ONTd assets. It is possible to transfer assets from the original chain to the Neo blockchain through the "Wrapper" module to create the respective NEP-5 assets.

-> In this paragraph, I will wrap (wrap) "Assets are pegged" from the above step into a corresponding token running on NEO (NEP-1 standard) to be used in the Flamingo smart contract later ( because Flamingo runs on NEO blockchain)

September 25 at 09:20 (Vietnam Time)

The "Vault" module will be launched. Users can NEP-5 asset staking (including net NEP-5 assets and NEP-5 assets created above) into module “Vault”, and receive FLM. The time for receiving FLM will be announced later.

Requirements for Wallet:

  • NEO holders just download the NeoLine wallet and don't need to send NEO to “Flamincome”. They can convert NEO to nNEO directly through the “Wrapper” module on the 23rd and stake to the module “Vault” on the 25th.
  • Those who hold Ethereum assets need to download MetaMask wallet and NeoLine wallet. When loading Ethereum assets into the "Flamincome" module only Metamask is required. When using "Wrapper" to wrap assets, both MetaMask wallet and NeoLine wallet will be needed.
  • Those who hold ONT assets need to download the plugin Cyano and NeoLine wallet, and no need to send ONTd to “Flamincome”. These friends can directly convert ONTd to nONTd via the "Wrapper" module on the 23rd and stake them in the "Vault" module on the 25th.

Create wallet?

Note: This user guide is for desktop version and Chrome browser only.

NeoLine wallet

Download plugin wallet NeoLine

Open NeoLine website: https://NeoLine.io/ in Chrome,

Click on "Get the Chrome plugin".

Download neoline wallet

Import existing wallet into NeoLine

If you already have an Neo wallet, enter it according to this guide

Step 1: Open NeoLine plugin wallet, click “Import an existing wallet".

Import existing wallet

Step 2: Enter your wallet name, password and private key, click "Import".

Enter your password and private key to import

Create a new wallet

* For the whole newcomer

Step 1: Click "Create a new wallet".

Create new neoline wallet

Step 2: Enter your wallet name and password, click "Create".

Enter your wallet name and password to create

Step 3: After creating a new wallet, click on “Account details”, select “Show Private Key".

The Private Key is very important, you need to store it carefully and not let others know because it is the key that uses your wallet address.

Show private key

Step 4 : Verify and backup your private key.

verify and backup private key

MetaMask plugin wallet

Regarding the download of the wallet as well as the installation, you can see the blogtienao's tutorial on Metamask below.

What is a Metamask wallet? Instructions on how to install and use details [2020]

Cyano plugin wallet

Download the Cyano plugin wallet

Visit the Cyano plugin wallet website in Chrome, click “Add to Chrome”.

https://chrome.google.com/webstore/detail/cyano-wallet/dkdedlpgdmmkkfjabffeganieamfklkm

Download Cyano wallet

Import an existing Ontology wallet into Cyano

Step 1: Open Cyano wallet, click “IMPORT PRIVATE KEY".

Import private key cyano wallet

Step 2: Enter your private key and password, then restore your wallet.

Enter your password and private key to restore your wallet

Create a new wallet and keep your private key

Step 1: Open Cyano wallet, click “NEW ACCOUNT”.

Create a new cyano wallet

Step 2: Enter the password and then register, please back up your private key.

Enter password and backup private key

Wrap and unwrap tokens in Wrapper?

During the launch of Flamingo, the Neo network is likely to have high traffic resulting in network congestion, so you may have to increase transaction fees to make it easier to transfer your assets through NeoLine in Wrapper.

NEO assets

Wrap NEO properties

Step 1: Access flamingo.financeClick "Wrapper".

Wrap the anchor property

Step 2: Click on the top right corner to connect NeoLine wallet.

connect neoline wallet

Step 3: Click “Connect"On the NeoLine wallet turned on.

Press the Connect button to connect the neoline wallet

Check the status to make sure you're connected.

The neoline wallet connection state

Step 4: Click “Select”On the Wrapper page and select NEO.

Press the select button

Select NEO to wrap

Step 5: Your NeoLine address will automatically pop up.

Address neoline

Step 6: Enter the amount of NEO you want to wrap, then click “NEXT”.

Enter the amount of anchor you want to wrap

Step 7: Click “Confirm"After confirming full information.

Confirm information

Step 8: Based on current internet status, GAS fees will be automatically pop-up adjusted on NeoLine wallet. Click “Confirm” to confirm and the pending process will pop up.

Confirm gas charge

Wrap state

Step 9: You can check the status of your transaction by searching for hashes in your familiar explorer.

successfully wrap the anchor

Alternatively, you can check how much nNEO is wrapped in your NeoLine wallet.

Check nNeo in the neoline wallet

Unwrap NEO assets

Step 1: Click “Unwrap” on the Wrapper page.

unwrap the anchor property

Step 2: Click “Select” and select nNEO in the token list.

choose nNeo

Step 3: Your NeoLine address will automatically pop up. Enter the amount of nNEO you want to unwrap and the amount of NEO received is displayed automatically.

Enter the amount of anchor you want to unwrap

Step 4: Click “NEXT” to go to the Confirm page, then click “Confirm”.

unwrap assertions

Step 5: Based on current internet status, GAS fees will be automatically pop-up adjusted on NeoLine wallet. Click “Confirm” to confirm and the pending process will pop up.

unwrap gas charges

The unwrap state

Step 6: Now you can check the status of your transaction by searching for hashes in the transaction checkers (Neo blockchain explorer)

successfully unwrap

Alternatively, you can check the amount of NEO that has not been wrapped in the NeoLine wallet.

unwrapped anchors in neoline

Ethereum assets

We will use nUSDT as an example. The original asset is transferred to an asset pegged in Flamincome, so the Ethereum asset you import into the Wrapper should be nwETH 、 nWBT 、 nUSDT 、 nLP (Uniswap V2 WBTC / ETH).

Wrap the Ethereum property

Step 1: Go to flamingo.finance, click “Wrapper".

wrap ethereum assets

Step 2: Click on the top right corner to connect NeoLine wallet.

connect neoline wallet

Step 3: Click “Connect” on the pop-up NeoLine wallet.

Press the Connect button to connect the neoline wallet

Check the status to make sure you're connected.

The neoline wallet connection state

Step 4: Connect to your MetaMask wallet.

Connect wallet metamask

Step 5: Select the wallet you want to connect to on the enabled MetaMask wallet and click “NEXT”. Then the second confirmation page will pop up, click “Connect”.

Select the wallet you want to connect

Click the connect button to connect the metamask wallet

Step 6: Now, you can check if your NeoLine wallet and MetaMask are connected.

Connection status of neoline wallet and metamask

Step 7: Click “Select” on the Wrapper page and select nUSDT.

Press the select button

select nusdt

Step 8: Your pnUSDT (Nep-5) address will automatically pop up.

pnusdt address

Step 9: Enter the amount of nUSDT you want to wrap and the amount received pnUSDT will be filled automatically. Then click “NEXT”.

enter the amount of nusdt you want to wrap into pnusdt

Step 10: Click “Confirm” after confirming all information.

confirm wrap information

Step 11: Click “Confirm” in your MetaMask wallet to license nUSDT.

Click confirm button to license nusdt

Step 12: After authorization and Ethereum network interaction, contract interaction will pop up on MetaMask. You can adjust the GAS fee and then click “Confirm”.

Adjust the gas charge and confirm

Step 13: After confirming the 12 blocks of the Ethereum network, you can check the pending process on the Transactions page. You can also click the minimize button. During this time period, you can use “View on EtherScan” to check transaction progress.

transaction page

Step 14: Click “Confirm” to interact with the Neo network.

Click the confirm button to interact with the anchor network

Step 15: Adjust the GAS fee in NeoLine wallet, then click “Confirm”.

Adjust the gas charge in neoline and confirm

Step 16: Wait about 15 seconds, click “View on NeoScan” to check transaction status.

Wait for transaction confirmation

Step 17: Click “Complete” to finish the wrap process.

press the complete button to confirm the wrap process

Unwrap Ethereum assets

Step 1: Go to flamingo.finance, click “Wrapper”.

unwrap ethereum property

Step 2: Click on the top right corner to connect NeoLine wallet.

connect neoline wallet

Step 3: Click “Connect” on the enabled NeoLine wallet.

Press the Connect button to connect the neoline wallet

Check the status to make sure you're connected.

The neoline wallet connection state

Step 4: Connect to your MetaMask wallet.

Connect wallet metamask

Step 5: Select the wallet you want to connect to in MetaMask and click “NEXT”. Then, the second confirmation page will appear, click "Connect".

Select the wallet you want to connect

Click the connect button to connect the metamask wallet

Step 6: Now, you can see that the NeoLine wallet and the MetaMask are connected.

Connection status of neoline wallet and metamask

Step7: Click “Unwrap” and select the property type you want to unwrap.

unwrap property

Step 8: Select pnUSDT.

unwrap pnusdt

Step 9: Your MetaMask address will automatically pop up.

Metamask wallet address

Step 10: Enter the amount of pnUSDT you want to unwrap and the amount received nUSDT will be filled automatically. Then click “NEXT”.

enter the pnusdt you want to unwrap

Step 11: Click “Confirm” after confirming all information.

Click confirm to confirm unwrap pnusdt

Step 12: Adjust the GAS fee in NeoLine wallet, then click “Confirm”.

regulates the neoline gas charge and validates to unwrap

Step 13: Wait about 15 seconds, meanwhile you can use “View on NeoScan” to check transaction status. Click “Confirm”.

Wait for transaction confirmation on the anchor

Step 14: Click “Confirm” to confirm contractual interaction in MetaMask, wait for confirmation of 12 blocks on the Ethereum network.

Adjust gas charges and confirmations to unwrap

Step 15: Click “Complete” to end the unwrap process. You can check the status of your transaction by visiting EtherScan.

successfully unwrap the ethereum property

Stake Assets / Get FLM?

Follow the above procedure, all of your assets have been transferred to the Neo blockchain in Wrapper. Therefore, you can now manage these assets in Vault by interacting with the NeoLine wallet. We will take NEO as an example in this section.

Stake property

Step 1: Go to flamingo.finance and click on “Vault”.

stake assets

Step 2: Connect NeoLine wallet and click “Connect"In NeoLine.

Connect neoline wallet to stake assets

receive the connect button to connect

Step 3: Check your assets status, including your total assets, staked assets, remaining staked assets and annual yield (APY).

property status

Step 4: Click “Deposit” and deposit your assets.

press the deposit button to deposit assets

Step 5: Check your existing nNEO amount.

Existing number of nneo

Step 6. Enter the amount you want to send and click “Confirm”.

the amount to stake

Step 7. Adjust GAS fees in NeoLine wallet, then click “Confirm”.

Adjust the gas charge in Neoline and confirm to stake

Step 8: Wait about 15 seconds.

Wait about 15 seconds

stake successfully

Get (claim) FLM rewards

Step 1: You will receive FLM when you deposit assets and the amount of FLM is increasing with the increase of the block height. You can choose to receive FLM rewards.

the number of flm you can receive

Step 2: Click “Claim” to claim rewards distributed.

press the claim button to receive flm

Step 3: Adjust the GAS fee in NeoLine wallet, then click “Confirm”.

Adjust gas charges and confirm to claim flm

Step 4: Wait about 15 seconds.

Wait about 15 seconds

successful transaction

Step 5: The claimed FLM will show up on the Dashboard.

Number of FLM received

Property withdrawal

Step 1: Go to flamingo.finance and click on “Vault”.

Vault

Step 2: Connect NeoLine wallet and click “Connect” in NeoLine.

Connect neoline wallet to stake assets

receive the connect button to connect

Step 3: Check your assets status, including your total assets, staked assets, remaining staked assets and APY.

Check your stake

Step 4: Click on “Withdrawal”.

Press the Withdrawal button to withdraw assets

Step 5: Check your existing nNEO quantity.

check for existing properties

Step 6: Enter the amount you want to withdraw and click “Confirm”.

Enter the amount of assets you want to withdraw

Step 7: Adjust the GAS fee in NeoLine wallet, then click “Confirm”.

Adjustment of gas charges and confirmation to withdraw assets

Step 8: Wait about 15 seconds and the withdrawal will be completed.

Wait about 15 seconds

successful status

When you finish farming you want to get back the original assets, just do the opposite steps above.

Join telegram Tintucneo - Community supports Neo Vietnam for more support.

 

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