How to Set Up an SFT Protocol Account!
SFT protocol is a liquid staking solution for digital tokens that allows you to stake your tokens and receive liquid SFT tokens that can be used in various DeFi applications. SFT protocol also provides infrastructure services such as RPC, compute, and storage for developers and node providers.
To set up an SFT protocol account, you need to have a web3 compatible wallet, such as MetaMask or Trust Wallet, and some tokens that support staking, such as FIL, SFT, BNB etc. You can then add your tokens to SFT tokens using the SFT protocol bridge. You can also join the SFT protocol network as a staker, a node provider, or a developer[later].
Here are the basic steps to set up an SFT protocol account:
To access the SFT protocol platform, you need to visit the SFT protocol website. On the homepage, you can see an overview of the SFT protocol features and benefits. You can also explore the live data of the SFT protocol network, such as the total value locked (TVL), the SFT staked annual percentage rate (APR), the FIL supply annual percentage yield (APY), and other information.
To use the SFT protocol platform, you need to click on Launch App or Stake Now from the top right corner of the homepage. This will take you to the assets dashboard, where you can see your wallet balance and your staked assets. You can also see the available tokens that you can swap to SFT tokens.
To interact with the SFT protocol platform, you need to connect your wallet to the website. You can click on Connect Wallet from the top right corner of the assets dashboard and choose your preferred wallet from the list. You can use MetaMask or other web3 compatible wallets that support Ethereum or Binance Smart Chain networks. You will need to confirm the connection request from your wallet and select the network that matches your tokens.
To stake your tokens on the SFT protocol platform, you need to add your tokens to SFT tokens using the Add token option. The bridge is a smart contract that allows you to add your tokens to SFT tokens and vice versa. To use the bridge, you need to click on Add token from the assets dashboard and choose the token that you want to add.
By setting up an SFT protocol account, you can enjoy the benefits of liquidity, rewards, innovation, and governance. You can use your liquid SFT tokens in various DeFi applications without losing your staking rewards. You can also earn rewards from both staking and DeFi simultaneously, without compromising on security or decentralization. You can also use the infrastructure services provided by the SFT protocol network to build and deploy your own applications on top of the staked tokens. You can also participate in the governance of the SFT protocol by voting on proposals and upgrades to improve the protocol.
We hope this guide helps you set up an SFT protocol account and become part of our growing community. If you have any questions or feedback, please feel free to contact us through our website, Twitter, Telegram, or Discord. We are always happy to hear from you and help you with any issues.
🔗 Official Links
SFT Protocol | Twitter | Discord | Telegram | Gitbook | YouTube | Linktree
