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How to Delegate SP to @nutbox.mine for PNUT Stake-Mining and Things to Pay Attention to

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Published: 04 Sept 2021 › Updated: 04 Sept 2021

How to Delegate SP to @nutbox.mine for PNUT Stake-Mining and Things to Pay Attention to


To mine PNUT via SP delegation to nutbox.mineHive account@nutbox.mine, it must be done through https://peanut.nutbox.io/#/stake . SP delegation made through any other sites such as Steemworld.org or steemyy.com will not prompt the PNUT stake-mining Smart Contract and initiate or update PNUT Mining.

Steps:

  1. Connect to Steem Keychain.
  2. Connect to TronLink wallet.
  3. Click "Approve Contract" to initiate Stake-Mining or click "+"/"-" to increase/decrease SP delegation.
  4. Enter the amount of SP delegation to increase/decrease, then click "Confirm".
  5. Click "Confirm" on the pop-up dialogue box prompt to authorize the Smart Contract.

Things to Pay Attention to

1。Steem Keychain and TronLink Wallet

These are the two pre-requisites for users to join Peanut DeFi.

2。Your Available Steem Power (SP)

You can only delegate your own available SP to nutbox.mineHive account@nutbox.mine for stake-mining PNUT tokens. Available SP is defined as the amount of SP held by your Steem account minus SP that you've delegated to other accounts. This is displayed as the Balance: on the Delegate dialogue box prompt:

image.png

SP delegated to you from other accounts cannot be 're-delegated', i.e. you cannot delegate SP not owned by your account to another account.

3。1 Steem for Transaction Fee

You need to have at least 1 Steem in your Steem wallet for transaction fee (which may change with time, always confirm with the Nutbox team on the latest price) every time you increase/decrease your SP delegation to nutbox.mineHive account@nutbox.mine for stake-mining.

4。Your Voting Power (VP) and Resource Credits (RC)

How much you can delegate from your available SP is dependent on Voting Power (VP) and Resource Credits (RC). As a rule of thumb, the higher VP and RC are, the more SP you can delegate out of your available SP. Hence you should look at your account VP and RC when planning a SP delegation.

image.png

5。Internet Speed and Stability

Try to perform SP delegation when the internet speed and stability is optimal, errors due to internet instability can sometimes result in failed transaction.


About Nutbox

Nutbox is a one-stop DAO factory for the community, providing non-technical founders with a series of tools (Crowd-staking, DApp factory, and DAO governance factory) to facilitate the creation of their own DAO platform.
For more information, please visit https://nutbox.io

Nutbox Introduction

DOCS | https://docs.nutbox.io
Website | https://nutbox.io/

Nutbox Guide

EN|https://blog.nutbox.io/@nutbox.mine/the-new-ui-of-nutbox-is-about-to-online-and-the-tutorial-of-new-ui
CN|https://blog.nutbox.io/@abcallen/wherein-1615536657147-s

Contact US

Wechat: cnsteem
Steem: https://blog.nutbox.io/@nutbox.mine
Discord: https://discord.gg/zPkMuGY
Telegram: https://t.me/joinchat/HKSkL1tns74yODE1


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