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Sammy-

Hi admins, if we upgrade the Klever wallet to K5,

will we loose the REEF coins that are currently staked in K3 version of the wallet?

#cryptocurrency #de-fi #english #reef
0

10 ответов

34 просмотра
Bene-Richi

No

0
11.11.2023
Sammy- Автор вопроса
Bene Richi
No

Ok so it is safe to upgrade to K5 then?

0
11.11.2023
Bene-Richi
Sammy
Ok so it is safe to upgrade to K5 then?

Yea. But you can not stake there.

0
11.11.2023
Sammy- Автор вопроса
Bene Richi
Yea. But you can not stake there.

So what's going to happen if i upgrade to K5? My current stake will automatically unstake?

0
11.11.2023
Bene-Richi
Sammy
So what's going to happen if i upgrade to K5? My c...

Nothing will happen. You coins are staked on the Reef blockchain. You stake through Klever but staking happens on Reef Chain.

0
11.11.2023
Sammy- Автор вопроса
Bene Richi
Nothing will happen. You coins are staked on the R...

Oh ok, so it's OK to upgrade to K5 then!! Because earlier you said that we cannot stake on K5. So i was confused

0
11.11.2023
Bene-Richi
Sammy
Oh ok, so it's OK to upgrade to K5 then!! Because ...

You can not manage your Reef Stake on Klever K5 anymore. But your coins will remain staked on the blockchain.

0
11.11.2023
Sammy- Автор вопроса
Bene Richi
You can not manage your Reef Stake on Klever K5 an...

So when it's time to unstake from the blockchain, i can still do that in the K5 version of Klever wallet?

0
11.11.2023
Bene-Richi
Sammy
So when it's time to unstake from the blockchain, ...

Again, you can not manage your Reef Staking in K5.

0
12.11.2023
Bene-Richi
Sammy
So when it's time to unstake from the blockchain, ...

You can upgrade to K5 to hold your Reef, but not to nominate validators. If you stake now and throw your phone away, your coins will still remain staked on the blockchain and you will still receive rewards.

0
12.11.2023

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