Home Knowledge base Getting Started Guide Cashaa Fi Staking: How to stake CAS tokens on the Polygon Mainnet to earn 30% rewards

Cashaa Fi Staking Overview:

The staking initiative will allow CAS holders to quickly and easily stake their tokens on the Polygon to earn rewards — both in CAS as well as MATIC tokens.

By providing rewards in both CAS and MATIC tokens, the Cashaa staking application will help the CAS community easily gain access to the Polygon DeFi landscape while simultaneously ensuring users can continue to use Cashaa Fi DeFi tools such as the Cashaa Bridge and other upcoming initiatives.

 

Pre-requisites for accessing Cashaa Fi Staking:

  1. MetaMask — Polygon Network must selected on your MetaMask Wallet.
  2. CAS token (Polygon Version). Don’t have CAS (Polygon), click here to view article on how to convert your CAS(BEP-2) to CAS(Polygon)
  3. MATIC balance to pay for the associated transaction fees.
DISCLAIMER: ALL IMAGES SHOWN ARE FOR ILLUSTRATION PURPOSES ONLY. ACTUAL STAKING PEROID AND REWARD WILL VARY.

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1.1 Connect MetaMask wallet to Cashaa Fi Staking

Please ​head over to https://polygon.cashaa.com/ and follow below steps.

Note: Please make sure Polygon Network is selected first on your MetaMask Wallet.

Step 1. Click on “Connect Wallet” to connect to your wallet. Allow all the necessary permissions to your MetaMask Wallet to get connected. Please refer image below:

 

1.2 Stake CAS on Cashaa Fi Staking.

Note: Please make sure Polygon Network is selected first on your MetaMask Wallet.

Step 1. Click “Stake CAS”. Please refer image below:

Step 2. You will see your wallet balance. Fill in the amount you wish to stake and click “Stake”. Please refer image below:

Step 3. Once you click on “Stake” in step 2, you will be prompted first for an approve transaction in MetaMask. Click “Confirm” and wait for the transaction to complete. Please refer image below:

Step 4. Click “Confirm” again to stake your CAS token. Please refer image below:

Step 5. Congratulation, You have successfully staked your CAS. Confirmation screen will look as mentioned in the below image:

Note: If balance is not updated automatically then try disconnecting your wallet first and then re-connect your wallet to see updated balance.

Depending on the network congestion and internet speed, each step in the above flow might take upto 60 secs.

 

1.3 Step to Withdraw Rewards of Cashaa Fi Staking.

Note: Please make sure Polygon Network is selected first on your MetaMask Wallet.

Step 1. Rewards are only withdraw-able once staking period is over. Once the lock-in period is over, connect your wallet that you used for Cashaa Fi Staking as explained in section 1.1. Navigate to “Withdraw Tokens” and click “Withdraw All”. Please refer image below:

Step 2. Click “Confirm” to unlock your staked CAS tokens as well as CAS and MATIC reward tokens. Please refer image below:

Step 3. Once transaction completed a pop up message “Withdrawal successful” appear on screen as shown in image below:

Step 4. Congratulation, You have successfully withdrawn your CAS & MATIC rewards. Please refer image below:

Note: If balance is not updated automatically then try disconnecting your wallet first and then re-connect your wallet to see updated balance.

 

The Cashaa Team

The Next Generation Banking Platform

 

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