common-close-0
BYDFi
Trade wherever you are!

Can you provide a step-by-step guide on staking UST on Anchor to earn passive income?

avatarTerkelsen KelleherDec 27, 2021 · 3 years ago1 answers

I would like to know how to stake UST on Anchor in order to earn passive income. Can you provide a detailed step-by-step guide on how to do it?

Can you provide a step-by-step guide on staking UST on Anchor to earn passive income?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Certainly! Here's a step-by-step guide on how to stake UST on Anchor and earn passive income: 1. Visit the Anchor Protocol website and sign up for an account. 2. Log in to your account and navigate to the 'Staking' section. 3. Select UST as the token you want to stake. 4. Enter the amount of UST you want to stake and click on the 'Stake' button. 5. Confirm the transaction and wait for it to be processed. 6. Congratulations! You've successfully staked UST on Anchor and you'll start earning passive income. Don't forget to check your rewards regularly! 🌈