Staking is managed in terms of rounds, which are 60,000 blocks each and rewards will be distributed in rounds (You will see that the reward in the wallet will increase). Each block can range from 1 second to 30 seconds, which means each round can range from 16 hours to 20 days.
To receive the reward, you must claim the reward from the blockchain because it is not distributed automatically. Please note that you will have to pay a transaction fee to receive this reward. Also, if you additionally stake more ONT or unstake ONT, you will automatically claim reward in the same transaction and accumulated reward will return to 0.
Please follow steps below to claim ONT Reward:
- Step 1: At the Home Page, Select "Earn interest"
- Step 2: Select ONT and click “Proceed”
- Step 3: View unclaimed reward information. Then click on “Claim Now”.
- Step 4: Click "Claim all rewards"
- Step 5: Enter your Wallet Password > "Claim Now"