Stake
Last updated
Last updated
The Stake page displays operations related to VKR staking. This is largely in two sections: Liquidity Staking and Governance Staking.
In order to provide liquidity for VKR , you need to supply an equal value of the VKR and UST. Minted LP tokens will be immediately staked to start earning VKR rewards. By unstaking LP tokens, your liquidity provided be back from the Terraswap pool.
VKR tokens are distributed as a reward for staked LP tokens, which are generated when users provide liquidity.
The Pool interface is directly connected to Astroport.
1. Navigate to the Governance page and Clicked Stake Button in Liquidity Card for provide liquidity.
2. Enter the amount of VKR or UST. The App will calculate the amount of you will need to deposit as well.
3. Press Provide. Station Extension should prompt you to sign the transaction. Confirm the details presented and input your password to sign.
4. The app will automatically stake the LP tokens minted from liquidity provision.
1. press UnStake in Liquidity Card
2. Enter the amount of LP to unstake. You may click on your available balance to enter the MAX amount. The app will automatically calculate the expected returned amount from this transaction.
3. Press Withdraw. Station Extension will prompt you to sign the transaction. Confirm details presented and enter password to sign.
Governance Staking is used to increase the Governance vote and referral reward cap. In addition, the Valkyrie Protocol distributes a certain amount of tokens as a reward for Governance staking.
1. Navigate to the Governance page and Clicked Stake Button in Gov Card
2. Select either Stake / Unstake
3. Enter amount to Stake or Unstake
VKR tokens that are voted to on-going governance polls will be unstakable when the voting period is over.
4. Click STAKE / UNSTAKE. Station Extension should prompt you to sign the transaction. Confirm the details presented and input your password to sign.
