How to commit light node mining

To commit to light node mining, please follow the steps below:

Step 1

  • From the Home Screen, on the navigation bar, press to access the Light node Mining page.

Step 2

  • Select an asset you wish to commit: choose FRTS (default)

Step 3

  • Enter the amount (FRTS) you want to commit.

  • Automatically convert the reward percentage according to the following rule:

    • If the user commits:

      • From 1 FRTS to 10,000.00000000 FRTS --> APR: 0.5%

      • From 10,000.00000001 FRTS to 100,000.00000000 FRTS --> APR: 1%

      • From 100000.00000001 FRTS to 1,000,000.00000000 FRTS --> APR: 2%

      • From 1,000,000.00000001 FRTS to 10,000,000.00000000 FRTS --> APR: 3%

      • From 10,000,000.00000001 FRTS to 100,000,000.00000000 FRTS --> APR: 4%

      • From 100,000,000.00000001 FRTS to more than --> APR: 5%

Step 4

  • The system will check the inputted value.

  • The “Confirm” button will be enabled once your asset is validated (your assets must be sufficient to commit and transaction fee (if any))

  • Press the “Confirm” button --> Display the “Mining Donation” screen.

On the Mining Donation screen, users can donate part of their rewards after their mining has been completed.

Step 5

Select donation plan (1)

  • Choose a donation amount: 30%, 40%, or 50%.

  • Or enter the specific value you want to donate.

  • Or no donation.

Step 6

Select a charity that you would like to donate to (2):

  • Anything Charity (FRUITS organization will select a project).

  • Or you can select the project you wish to donate to.

Step 7

  • The system will validate the inputted value.

  • The “Confirm” button will become enabled once validated (must select the

    donate plan).

  • Press the “Confirm” button --> Display the “Confirm Mining Plan” popup.

On the "Confirm Mining Plan" screen, check the displayed information:

  • Amount: Number of applied funds for light node

  • APR: daily payout percentage

  • Commitment Fee: default is 0 FRTS

  • Fee: Transaction Fee, default is 0 FRTS

  • Donation Amount: Your selected donation amount

  • Selected Charity: Charity you're donating to.

Step 8

  • Press the “OK” button --> Commit light node mining successfully and show a success popup

Step 9

  • Tap OK to return to the "Light node Mining" screen.

Note:

  • If the user commits successfully, the amount of FRTS used to commit will be locked.

  • Users who have committed successfully will be rewarded once a day.

  • The payout time is around 21:00(SGT) every day.

  • Users need to commit at least 24 hours to receive rewards.

  • If the user has committed and then makes a new commit, a warning is displayed: "Please cancel the current commit before starting a new commit."

    • Before increasing or decreasing the commit, the user needs first to cancel the previous commit, then create a new commit --> The user performs the cancel mining function.

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