How to Stake LDY ?

How to Stake $LDY on Ledgity Finance ?

Staking $LDY on Ledgity Finance is your gateway to earning rewards and accessing exclusive benefits. Follow this detailed guide to understand the staking options and how to get started.

1. Flexible Staking with No Lock Period:

   • Overview: This option allows you to stake your $LDY tokens without any lock-up period. You can withdraw your staked tokens anytime, giving you flexibility and liquidity.

   • Benefits:

     • Earn rewards on your staked $LDY.

     • No withdrawal fees.

     • Access to certain platform features depending on the amount staked.

   • How to Stake:

     1. Visit the Ledgity Staking Page.

     2. Connect your wallet by clicking on Connect Wallet at the top right corner.

     3. Enter the amount of $LDY you want to stake in the staking input box.

     4. Click Allow to authorize the staking transaction in your wallet.

     5. Confirm the transaction and your $LDY will be staked with no lock period.

2. Long-Term Staking with Lock Period:

   • Overview: For those looking to maximize their rewards and access additional benefits, long-term staking involves locking your $LDY tokens for a specified period.

   • Benefits:

     • Higher rewards and APR compared to flexible staking.

     • Access to premium features like the Leverage Vault and L-Boost Vault.

     • Voting power on governance proposals.

     • Visibility on the portfolio of Real World Assets (RWA).

   • Lock Periods Available: You can choose to lock your $LDY for 1 month, 6 months, 12 months, 24 months, or 36 months.

   • Rewards and Benefits:

     • Protocol Profits Sharing: Share in the profits generated by the protocol.

     • 0x Withdrawal Fees: Enjoy zero fees when withdrawing your staked tokens after the lock period.

     • Leverage Vault Access: Gain access to leverage trading opportunities.

     • L-Boost Vault Access: Exclusive access to boosted yield vaults.

   • How to Stake:

     1. Visit the Ledgity Staking Page.

     2. Connect your wallet by clicking on Connect Wallet at the top right corner.

     3. Enter the amount of $LDY you want to stake.

     4. Use the slider to select your desired lock period (from 1 month to 36 months).

     5. Click Allow to authorize the staking transaction in your wallet.

     6. Confirm the transaction and your $LDY will be locked for the selected period.

Step-by-Step Staking Guide

1. Access the Staking Platform:

   • Go to the Ledgity Staking Page.

2. Connect Your Wallet:

   • Click on Connect Wallet.

   • Choose your preferred wallet (e.g., MetaMask) and authorize the connection.

3. Choose Your Staking Option:

   • For flexible staking, proceed without selecting a lock period.

   • For long-term staking, use the slider to select the lock period (1, 6, 12, 24, or 36 months).

4. Enter the Amount to Stake:

   • Input the number of $LDY tokens you wish to stake.

5. Authorize and Stake:

   • Click Allow to authorize the staking transaction in your wallet.

   • Confirm the transaction to complete the staking process.

6. Manage Your Staking:

   • Monitor your staked $LDY and rewards through the "My $LDY Pools" section.

Your Perks for Staking

• Flexible Staking: Earn rewards with no lock period, and enjoy the freedom to withdraw anytime.

• Long-Term Staking: Unlock higher rewards and additional benefits by committing your $LDY for a longer period.

Ready to Stake?

Start staking now and take advantage of the robust rewards and benefits offered by Ledgity Finance. Visit the staking page and stake your $LDY today!

Happy staking!