Staking process
In this section, we will walk you through the simple process of interactions with DeFi Staking pools through which you can easily stake your tokens and earn yield in a decentralized manner.
How to start staking any asset with the DeFi Staking solution?
Open the Earn Network platform and go to the DeFi Staking category.
Select the asset of your choice and click the "Stake" button close to it. NOTE: In this exmaple we will follow the interactions based on Hololoot (HOL) staking pools.
Click “Connect wallet” - the MetaMask modal will appear. Right after connecting, you can check your account balance and funds that interact with our DeFi Staking pools.
NOTE: The first wallet supported by our platform is MetaMask. Ensure you have your funds (HOL and BNB for fees) on the appropriate network supported by our pools.
Select the offer of your interest and click the “Stake” button close to it.
After clicking “Stake” a window will pop up. The next step is to input the number of tokens you wish to stake. Now, you need to click “Approve HOL” as the first transaction, set the spending amount and then confirm it with your MetaMask wallet.
After completing the approval transaction, click on the “Stake” button and confirm it with your MetaMask wallet.
Congratulations! You have successfully staked your tokens.
NOTE: You can always check the summary of your staked funds and pending and available to claim rewards through the Wallet component.
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