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It's a cross-platform crypto wallet, therefore it works on all iPhone and Android mobile phones, as well on Chrome as an extension.

There are 3 options you can start with

Either create a new wallet, recover an existing one or connect to your Ledger device.

1. Create

Creating a new wallet will give you access to all Moonlet features. Make sure to save your secret phrase in a secure and safe place. It's extremely important not to lose it!

2. Recover

In case you need to get access to your existing wallet, this would be your option. Recovering an existing wallet from your secret phrase will allow you to access your "old" addresses.

3. Connect

Connecting Moonlet, a HOT wallet, to a Ledger device, a COLD wallet, it's a wise alternative of holding your crypto assets. This method is suitable for long term "HODLers."

Add $ZIL

There are many leading cryptocurrency exchanges to buy $ZIL. Below are a few we endorse. Once you bought your $ZIL, send them to Moonlet to stake your $ZIL and start gaining rewards.

Connect to Ledger

Connecting your Ledger Nano S/X to Moonlet is very easy, doesn’t matter if you have an iOS or an Android phone. It requires just a few simple steps and here you have a HODL wallet. Managing, staking or spending your crypto assets from now on would become both convenient and highly secure.

Start from your Dashboard and tap on Wallet icon. Then select Ledger tab and Start connect your Ledger

Step 0

Select Network, Ledger and Connection, then start Connect process.


Step 1

Please make sure your Ledger Nano X is unlocked with Bluetooth enabled.


Step 2

Confirm on both your phone and your Ledger Nano X if the code matches.


Step 3

Please open your Zilliqa app on your Ledger Nano X.


Step 4

Verify your Zilliqa address on your Ledger Nano X and confirm it.


Step 5

Your Ledger Nano X is ready
to be used with Moonlet .


How to stake ZILin 3 simple steps

This is the easiest way to stake your $ZIL within Moonlet. You have the option to either stake to Moonlet node or to switch nodes. It requires only 3 simple steps to stake your tokens.

Step 1

Tap Stake Now button from the Zilliqa dashboard.


Step 2

Confirm $ZIL amount and tap on the Stake now button.


Step 3

Sign all transactions to start broadcasting to the blockchain.


Claim Rewards

Claim your rewards once the widget becomes available on ZIL dashboard. Just tap on "Claim all" and follow the steps. Make sure on small staked amounts that network fees might decrease your profit margin. Therefore claim it less often, bi-weekly, or monthly. For large staked amounts do not wait too long since the network fees increases if you wait months. Claiming on weekly or daily basis would be just right.

If you are staking for the first time, please note that it usually takes up to 48h to start receiving rewards. As well, gZIL is minted to your account once you claim your rewards.

Unstake

Once you made an unstake request, you will have to wait for the unbonding period to expire. Thats's 1800 blocks or roughly 2 weeks. Please bear in mind that you will not earn rewards during the unbonding period. Start from Dashboard, ZIL Account Page, My Stakes, Select Node and then Unstake.

Moonlet Node


Metrics
up to 15%

*Rewards

5%

**Commission

14 days

***Unbonding


*The staking interest rate or the rewards would be between 48.73% and 4.87%, based on the percentage of circulating supply staked. For instance, assuming that 80% of circulating supply will be staked the interest rate would be around 6%.

**Moonlet will be leading with a staking commission of 5%! Staking commission is charged only on your APR meaning that if you can claim 1000 ZIL staking reward a 5% staking commission would translate to 50 $ZIL.

***Once you made an unstake request, you will have to wait for the unbonding period (roughly 2 weeks) to expire. Upon expiry of the unbonding period, you may claim back the tokens which get moved from the contract to your address. Please bear in mind that you will not earn rewards during the unbonding period.


FAQ

Staking is the process of pushing Zilliqa network’s decentralisation to a new level while bringing more benefits to its wider community. Staking is one way to get rewards from your $ZIL as you “HODL” them.

The effective earning depends on many dynamic variables. For instance, assuming that 80% from circulating supply is staked, namely 10,876,066,600 ZIL, the staking reward rate would be around 6%.

Each seed node operator will apply a fee in order to be able to cover all their operational expenses. Basically a % from your final reward rate. More details will be revealed close to launch date.

Yes, you can. Moonlet is a non-custodial cryptocurrency wallet that allows you to manage, stake and send smoothly different crypto assets, being handy for any long-term investors or “HODLers”. It’s basically a tool or an interface that can be used to interact with Zilliqa blockchain network.

Yes, you can. Using both Moonlet and Ledger wallets all-together, basically a HOT and a COLD wallet, makes this method particularly suitable for “HODLers”, which can securely manage, stake and spend securely their crypto assets.

gZIL is short for governance $ZIL. gZILs is an ZRC-2 compliant fungible tokens that will be earned alongside staking rewards. The rationale behind issuing gZILs is to capture long-term token holders and give them access to governance tokens that they can later use to make ecosystem-wide decisions.

There is a maximum number of gZIL that will be issued, namely 682,550. This is 1/1000 of the total ZIL reward available for staking on an annual basis. In other words, for every 1000 ZIL earned as staking reward, 1 gZIL will be issued.

Yes, there is. Once you made an unstake request, you will have to wait for the unbonding period (initially proposed to be roughly 2 weeks) to expire. Upon expiry of the unbonding period, you may claim back the tokens which get moved from the contract to your address. Please bear in mind that you will not earn rewards during the unbonding period.

There is no unbonding period for reward withdrawals though. Any reward earned through staking can be withdrawn as soon as they have been distributed.

Let's talk

Please feel free to get in contact with us. We are always open to receive feedback or discuss about business opportunities. As well, don’t hesitate to let us know if something doesn’t work as it should.