How to Stake Flash V2 for more Flash V2

Anthony
Blockzero Labs
Published in
3 min readJul 22, 2021

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Before we dive in, please note that this is a fairly technical process, and we do not recommend you proceed if you don’t feel comfortable engaging with the back-end of smart contracts. If you’re a crypto native and this doesn’t intimidate you, or if you’re up for the challenge of learning, then proceed to read on about how to stake Flash v2 for more Flash v2!

If you have any questions, feel free to ping @steve.eth in our Flashstake channel on Discord!

Step #1: Find the exact amount of Flash to stake as an input:

  • Because the Flash token has 18 decimals, there must be 18 zeros after any whole number
  • Example: If you want to stake 123 Flash then the total value text should be:123000000000000000000

Step #2: Find the Maximum duration:

Using 123 Flash as an example — you must add 18 “0”s to the end of any Flash amount
  • In the _amountIn value, input your Flash value with 18 zeros per Step #1 (123000000000000000000)
  • Click “query”
  • The result will say something like “uint256 : 59506357” (note: this # will probably look different for you, depending on how much your staking and when). You want to keep this number only: 59506357
  • Note: if you divide this number by 86400 seconds you will get total days for the stake: 59506357 / 86400 = 688.73 days

Step #3: Stake Flash for more Flash

  • Find the “4. Stake” and expand it
This is just an example — do not copy these numbers exactly!
  • _amountIn = Step #1 value (123000000000000000000)
  • _expiry = Step #2 value (59506357)
  • _receiver = your Ethereum address that will receive Flash for this stake
  • _data = “0x”
  • Click “Write”. This will prompt you to confirm the gas price and initiate the transaction with your wallet.
  • After confirming and submitting the transaction in the previous step, you should now see a “View your transaction” button that you can click to see the transaction you just created, on Etherscan.

That’s it, you’ve done it! Your are now a professional Flasher.

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