❓FAQ

Prerequisite for staking on CLTV.finance Have a Taproot address (starting with bc1p) and a Unisat wallet. Possess a UTXO (Unspent Transaction Output) with a balance of $50-$100 in BTC (depending on network fees). Step 1: Register a transfer inscription you want to lock (ensure you have transferable assets). Step 2: Go to CLTV.finance. Verify if your transfer inscription has 3 transactions and your $50-$100 of BTC funds are confirmed. Step 3: Click on "Lock." Your transfer inscription should now be visible. Step 4: Sign your PSBT (Partially Signed Bitcoin Transaction) with Unisat. So another solution to solve the problem of your UTXO splitter; you can send your balance to yourself; which will consolidate a single UTXO with enough funds to construct the PSBT to be signed for staking.

• How to stake BRC-20 tokens ? Go to CLTV.Finance, scroll down to the Locking Menu. Click on 'lock'. Select the transfer inscribe and sign, only 1 action to stake your tokens: Select the correct transfer inscribe you want to stake and sign the PSBT in your wallet to engage your tokens: This signature actually performs the action to stake tokens, locking your assets on-chain with a script in your smart wallet.

• How to unstake BRC-20 tokens? Go to CLTV.Finance, scroll down to the Locking Menu. Select the transfer inscribe quantity, input the desired fees and click on 'Unlock'. Only 1 action to unstake your tokens: Click on 'Claim', Sign the PSBT in your wallet to unstake your assets: This signature actually performs the action to unstake tokens, you can dispose of it at your convenience.

• How to receive your CLTV rewards? No need to claim your rewards, CLTV Finance takes care of it. CLTV tokens will be airdropped for free, automatically into your wallet a few days after the end of the staking campaign. Enjoy your well-deserved juicy rewards! You can dispose of your CLTV tokens at your convenience.

• What is the cost of interacting with CLTV finance? Interacting with CLTV.finance for staking and unstaking requires transactions and so transaction fees for Bitcoin Blockchain usage and interacting with the protocol, these fees depend on the network status and transaction complexity. Always check for network activity and interact wisely when gas fees are low.

• Where are my staked funds stored? Your funds stay in your wallet! This is the main difference with ERC20 standard staking protocols where your tokens are allocated in a pool of a smart contract. With CLTV.finance, your tokens are encapsulated into a script on-chain owned by your wallet. Your wallet has become a smart wallet.

• What is a Smart Wallet? A smart wallet is an extension of a non-custodial Bitcoin wallet that integrates programmable functionalities to automate and enhance various financial operations.

• How does a Smart Wallet differ from a Traditional Wallet? Traditional wallets utilize smart contract technology. Smart wallets leverage native Bitcoin functionalities such as HTLCs to execute predefined actions under specific conditions. This integration grants users full control over their assets without relying on third-party custody, enabling functionalities such as automated payments, conditional transfers, and even staking.

• What is Liquidity Locking? Liquidity locking is a process where cryptocurrency holders lock their tokens for a specified period using HTLC (Hashed Time-Locked Contracts) on the Bitcoin blockchain to create scarcity and demonstrate their commitment to a project as they renounce to the possibility of selling their tokens during the lock-up period. This locking helps build trust among project participants by showing a strong financial commitment. Additionally, liquidity locking can provide benefits such as rewards, extra returns, voting rights, or token airdrops.