BennyFi Platform Documentation
PledgePool™
PledgePool™
  • PledgePool™
  • 🤿Quick Start
    • PledgePool™ Access and Registration
      • Connect with Email / Metakeep
      • Getting Started with Anchor Wallet
      • Create a New Telos Account for Anchor Wallet
    • Setting Up Your User Profile
    • Deposit / Withdraw Tokens
    • Token Balances
    • Getting BENY Tokens
    • Finding Pools
    • Entering Pools
    • Level Up to Beneficiary
    • Creating a Project
    • Creating a Token
    • Submitting a Pool Application
    • Funding a Pool
    • 😎Level Up to Pool Manager
    • Viewing Pools
  • 🔎How It Works
  • 📺How To Videos
  • ❓FAQ
  • ⚒️Use Case Examples
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  • Method #1 Search by Category
  • Method #2 Search by Beneficiary
  1. Quick Start

Getting BENY Tokens

BENY Tokens are distributed through PledgePools

PreviousToken BalancesNextFinding Pools

Last updated 1 year ago

BENY Tokens are distributed through BennyFi staking pools.

BENY tokens are used to pay usage fees on PledgePool. They can also be used as a refundable stake to access Pool Manager and Beneficiary functionality. To make things easier for Participants, some Pool Managers and Beneficiaries may decide to cover the system usage fees for you. In this case, you don't need any BENY tokens to enter a pool.

Currently, the only way to get BENY tokens is to participate in a BennyFi staking pool.

Here are two ways to locate BennyFi staking pools:

Method #1 Search by Category

Click on the 'Pools' link in the header

Use the filter bar to change the 'Category' to 'BennyFi'

Check the pool's 'Payout' section to make sure it returns BENY tokens.

If everything looks good, enter the pool

Method #2 Search by Beneficiary

Click on 'Beneficiary' link in the header

Choose the Project you want to support

Select an open pool and review the pool's detail section.

Check the Payout section to make sure this pool pays out BENY tokens

After reviewing the pool, you can enter the Pool by clicking on 'Enter Pool' and signing the transaction.

Check your user profile to see the pools you have entered

🤿
Click on the 'Pools' link
Use the filter bar to change the 'Category' to 'BennyFi'
Check the pool's detail section to see if it pays out BENY tokens
Select the BennyFi Foundation
Choose the project you want to support
Select an open Pool
Check the Payout section to confirm the pool pays out BENY
Enter the Pool