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Staking
We use anchor protocol leveraging the fixed 20% APY as our backend to provide you with stake as a service within your DAOs, so that DAOs and communites can ask users to simply stake there tokens to share the yeild as donation or as payment for subscription.
Holding Payables tokens gives users access to Payables PRO, but token holders can also make their tokens work for them. Staking allows token holders to earn passive income on their holdings.
- 1.Get PAYA and ETH tokens through our Token Swap or on SushiSwap
- 2.Provide PAYA and ETH tokens in an equal amount of USD value in the PAYA/ETH pool in SushiSwap.
- 3.After providing liquidity, you will receive so-called LP tokens, in this case PAYA/ETH LP
- 4.Stake these LP tokens in the PAYA/ETH farm. You will now passively earn rewards. Collect these rewards periodically here. (coming soon)
For a more detailed step-by-step guide to staking and earning PAYA tokens, we will soon publish a step-by-step guide on our blog. (Coming soon)
Last modified 20d ago
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