Summary
> 1. SUGGESTED METHOD: By upgrading an existing Data NFT Stake through the store
> 2. By staking $VSCs in the NFT
> 3. How can I check the status of my staked $VSC (upgrade) on my Data NFT?
> 4. Unstake. What happens when the staking period ends?
When acquiring a Data NFT Stake, without any stake/upgrade, it begins in an inactive state, requiring activation to a desired level by staking the corresponding amount of $VSC.
You can later choose to upgrade from your current level to a higher one by staking additional $VSCs until reaching the required amount for the chosen level.
Please note: The $USDV price of the Data NFT Stake listed in the InPersona shop is fixed, and it is the amount you pay. However, the corresponding $VSC price listed in the InPersona shop can fluctuate due to the ever-changing market value of $VSC. This means that at the end of the transaction, you may find that the amount of $VSC staked in the Data NFT Stake is either more or less than the amount listed in the InPersona shop. Please consider this potential variability when making your purchase, and ensure you review the final transaction details and $VSC market value before confirming your purchase.
1. SUGGESTED METHOD: By upgrading an existing Data NFT Stake through the store:
This is the only way to ensure the reception of the complete SocialFi Rewards. In this case, the payment will be in $USD.
1. Open the App > Store (m.inpersona.com or shop.vyvo.com) > Vyvo Smart Chain Products > Data NFT.
2. Select “I want to use one of my current Data-NFT stake”.
3. Select the Data NFT Stake you want to upgrade from the NFTs drop-down menu, the Level you wish to upgrade to and choose if you want to add or not a Device and a BioStrip. Once set all your conditions, click on the “Buy now” button.
4. Select your payment method, accept the Terms & Conditions and click the “Complete Purchase” button.
5. Wait for your order to switch from “Minting NFT” to “Completed”.
2. By staking $VSCs in the NFT
Staking $VSCs in the Data NFT Stake page for an upgrade does not guarantee the calculation of SocialFi Rewards.
1. Open the App > Home > Select the Data NFT Stake you want to upgrade.
2. Click the “Stake & Upgrade” button.
3. Select the level and click the “Stake & Upgrade” button.*
The specific upgrade amounts are:
- Basic to Level 1: $310
- Level 1 to Level 2: $675
- Level 2 to Level 3: $1000
- Level 3 to Level 4: $1000
Please note:
- *Ensure you have an adequate amount of $VSC and gas fees (in the native coin of the blockchain) available on the same blockchain as the NFT.
- There is a 12-month locking period for the total staked funds, starting from when activating the Data NFT Stake or with the latest NFT upgrade. Once the staked amount is removed, the NFT will revert to an inactive state. Therefore, to maintain the chosen NFT Level, it is necessary to have the relative amount of $VSC staked within the NFT.
3. How can I check the status of my staked $VSC (upgrade) on my Data NFT?
You’ll find the status of your stake, the staked amount, the stake time and unlock time in the “Details” of your Data-NFTs.
- Open the App > click on the Data NFT you want to check > Details.
4. Unstake. What happens when the staking period ends?
Once the staking period you chose is due, you will be offered the option to Unstake your VSC.
To do this:
1. Log in to InPersona DApp.
2. Unbind the device associated to the Data NFT you want to unstake, click on it and digit the pin to access the Data NFT details.
3. In the Data NFT details page you’ll find the “Unstake” button. Click on it.
4. Check the staked amount and Gas cost and click “Unstake” again.
Once the staked amount is removed, the NFT will revert to an inactive state. The staked amount and all the unclaimed rewards (if any) will be sent to your wallet.
Please note:
- Make sure that your device is unbind before starting the Unstaking process. If the device is still bind to the Data NFT the moment you Unstake your VSC, it will stay connected to it and become inactive.
- Make sure you always have enough VSC in your wallet for the Gas cost required at each operation. If the VSC balance in your wallet is not enough to cover the fees, the operation will be cancelled.