🚀

Staking Extension

Complete Installation & Setup Guide

🎯 What is the Staking Extension?

The Staking extension transforms your Bicrypto platform into a comprehensive cryptocurrency staking ecosystem. Users can stake their tokens in various pools to earn rewards, while administrators can create and manage staking pools with flexible terms, APY rates, and reward distribution mechanisms. The system supports multiple staking strategies including fixed-term, flexible, and compound staking.

✨ Key Features

🏊‍♂️

Staking Pools

Create and manage multiple staking pools

📊

Position Tracking

Track user staking positions and history

💰

Reward System

Automated reward calculation and distribution

📈

Analytics Dashboard

Comprehensive staking metrics and insights

🔒

Flexible Terms

Fixed-term and flexible staking options

Auto-Compound

Automatic reward reinvestment options

🌍

Multi-Currency

Support for multiple cryptocurrencies

🔄

Real-time Updates

Live reward calculations and updates

📋 Installation Steps

1

Download License from CodeCanyon

Purchase and download the Staking extension license from CodeCanyon:

  • • Visit the CodeCanyon marketplace
  • • Purchase the Staking extension
  • • Download the license file
  • • Note down your username and license code

⚠️ Important: Keep your license code secure and don't share it with others.

2

Access Extension Management

Navigate to the system extension management page:

/admin/system/extension
  • • Login to your admin panel
  • • Go to System → Extensions
  • • Find the "Staking" extension in the list
3

Activate the Extension

Use your CodeCanyon credentials to activate the extension:

  1. 1. Click on the "Staking" extension
  2. 2. Enter your CodeCanyon username
  3. 3. Enter your license code
  4. 4. Click "Activate"

💡 Tip: Make sure you have a stable internet connection during activation.

4

Install to Latest Version

Update the extension to the latest available version:

  1. 1. After activation, click "Install"
  2. 2. Select "Latest Version" from the dropdown
  3. 3. Wait for the installation to complete
  4. 4. Verify the installation was successful
5

Enable the Extension

Enable the extension to make it available for use:

  1. 1. Toggle the "Enable" switch for Staking
  2. 2. Confirm the extension status shows as "Active"
  3. 3. The extension should now appear in your admin menu
6

Run Updator

Execute the updator to finalize the installation:

  1. 1. Navigate to System → Updates
  2. 2. Click "Check for Updates"
  3. 3. Install any pending updates
  4. 4. Restart your application server if required

✅ Verify Installation

Check These Items

Staking menu appears in your admin panel

Pool management and position tracking are accessible

Reward calculation system is working

Database tables are created (check via phpMyAdmin or similar)

⚙️ Initial Configuration

Configure Staking Settings

Set up basic staking parameters and reward mechanisms:

  1. 1. Go to Staking → Settings
  2. 2. Configure default APY rates and fee structures
  3. 3. Set minimum and maximum staking amounts
  4. 4. Configure reward calculation intervals
  5. 5. Set up supported cryptocurrencies for staking

Create Your First Staking Pool

Set up an initial staking pool to test the system:

  1. 1. Navigate to Staking → Pools
  2. 2. Click "Create New Pool"
  3. 3. Configure pool parameters (currency, APY, duration)
  4. 4. Set pool capacity and minimum stake amounts
  5. 5. Activate the pool for user staking

Configure User Permissions

Set up roles and access levels for staking:

  1. 1. Go to Admin → Roles & Permissions
  2. 2. Create or edit roles for staking access
  3. 3. Assign staking and pool management permissions
  4. 4. Set reward claiming and withdrawal permissions
  5. 5. Configure analytics access levels

📊 System Requirements

🖥️ Technical Requirements

  • • High-performance database for calculations
  • • Background job processing for rewards
  • • Redis for caching and real-time updates
  • • Sufficient storage for transaction history
  • • Reliable network connectivity
  • • Automated backup systems

🔒 Security Requirements

  • • Multi-signature wallet support
  • • Cold storage integration
  • • Audit logging for all transactions
  • • Rate limiting for API endpoints
  • • Fraud detection mechanisms
  • • Regular security audits

🔧 Troubleshooting

Extension not appearing in admin menu
  • • Verify the extension is enabled in System → Extensions
  • • Check if your user role has staking permissions
  • • Clear browser cache and refresh the page
  • • Check server logs for any errors
  • • Ensure all required dependencies are installed
Reward calculation issues
  • • Check if background job processing is running
  • • Verify pool configuration and APY settings
  • • Check database connection and performance
  • • Monitor calculation logs for errors
  • • Ensure sufficient server resources
Staking or unstaking problems
  • • Check user wallet balances
  • • Verify pool capacity and limits
  • • Check for lock periods and conditions
  • • Monitor transaction processing status
  • • Test with small amounts first

🚀 Next Steps

🏊‍♂️ Pool Management

Learn how to create and manage staking pools

Read Pools Guide →

📊 Position Management

Understand staking positions and user management

Read Positions Guide →

💰 Rewards & Earnings

Configure reward calculation and distribution

Read Rewards Guide →