IoTeX Tutorial
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IoTeX offical website: https://iotex.io
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🌟 How to create Burn-Drop bucket?

1️⃣
Login to ioPay
2️⃣ In the main menu at the top bar find “STAKE”
3️⃣ Click "New Stake" and select your voting parameters (Delegate, Amount) and set your bucket to Stake-Lock ≥ 91 days to be eligible
4️⃣ Click "NEXT" in the upper right corner and confirm the transaction

Burn-Drop is a tokenomics design where IOTX is burned/dropped for every new device registered to the IoTeX Network, such as Ucam and Pebble.

Burn-Drop directly rewards long-term stakers, reduces the total supply of IOTX over time, and provides funding + network incentives to onboard new “Powered by IoTeX” devices.

For more information on Burn-Drop, see our detailed blog.

#BurnDropBucket #BurnDrop
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🌟 How to check Burn-Drop rewards?

1️⃣ Login to ioPay
2️⃣ Go to “Actions” tab
3️⃣ At the top find “Stake”

There you will see “Add Stake” transaction history, those are your burn-drop rewards added automatically to your buckets.

For more information on Burn-Drop, see our detailed blog.

#BurnDropBucket #BurnDrop #rewards