Stake Your Assets
Last updated
Last updated
Staking assets allows users to supply assets to borrowers and earn the Supply APY for an asset. Users who stake Pynths assets (pUSD, pBTC, pETH) as well as NEND, ETH, BNB, MATIC, AVAX, DAI, and USDC in the liquidity pools are rewarded $NEND in escrow for a certain vesting time.
1. Click 'STAKE' at the top of your website.
2. Click the asset you wish to stake.
3. Click the Stake button.
4. Enter the amount you wish to stake, select the duration, and click on the approval checkbox. You can then stake your asset by clicking the Stake button.
5. Check the transaction and gas fee, and click Confirm.
6. Once the transaction is completed, you can see the confirmation message and be redirected to a list of Staking History by clicking Confirm button.
