The SafePal App is your gateway to managing and growing your crypto assets securely. This tutorial will guide you through SafePal Earn feature.
Elevate Your Staking Rewards with the New SafePal Earn
How to Access & Use:
Open your SafePal App, navigate to the Earn tab from the SafePal App wallet page.
Recommended: SafePal goes a step further by offering a "Recommend" view. This smart feature analyzes the assets held in your connected wallet and prioritizes showing you the yield opportunities that are most relevant to you. Recommendations are based on your asset profile, encompassing both CeFi and DeFi staking options.
Example: If your wallet holds a significant amount of $BNB, $SOL or $ETH, the "Recommend" tab will prominently display staking options for these specific assets, making it incredibly easy to put your idle coins to work.
This personalized approach saves you time and helps you make informed decisions based on your existing portfolio.
Stake: A decentralized staking product that integrates validator staking of popular public chains and popular DeFi. It also supports Tron V2.0 staking, which can obtain energy to offset Gas.
Binance： SafePal seamlessly integrates Binance Earn, one of the world's largest and most trusted crypto earning platforms, directly into its interface. This means you can access a wide range of yield products without leaving the security of your SafePal App.
Poplular Yield DApp：This section features a carefully selected list of third-party decentralized applications to provide users with additional, often higher-yield, opportunities in the DeFi space.
Please note:
Listing is not financial advice or an endorsement of the project. Displayed APY may change over time due to different factors, and past performance does not guarantee future results. Do your own research and do not use platforms you do not understand the risks for.
Spotlight: Chorus One (Example DApp)
Let's use Chorus One as an example to illustrate how you can use these vetted DApps. (Note: As of the writing of this guide, Chorus One may not be live in the app. This section will be updated upon its official launch.)
How to Stake using Chorus One in SafePal
In the 'Popular Yield DApp' section, select to tap the Chorus One.
You will be redirected to the DApp's interface within the SafePal in-app browser. The DApp will automatically connect to your SafePal wallet (ensure you are on the correct network, e.g., TON).
Important Investment Disclaimer
Investing in cryptocurrency and using Decentralized Applications (DApps) carries significant risk. Please read and understand the following disclaimer before using the Popular Yield DApp section.
- Not Financial Advice: The information provided in the SafePal App, including the "Recommend" feature and the listing of third-party DApps, is for informational purposes only and should not be considered financial, investment, or legal advice. SafePal is not your financial advisor.
- Do Your Own Research (DYOR): You are solely responsible for conducting your own research before engaging with any product or DApp. This includes understanding the associated risks, such as smart contract vulnerabilities, impermanent loss, project failure, and market volatility.
- Third-Party DApps: DApps listed in the "Popular Yield" section are third-party services. SafePal's vetting process does not guarantee their security or performance. SafePal is not liable for any losses you may incur from using these external services.
- APY/APR is an Estimate: The displayed Annual Percentage Yield (APY)/Annual Percentage Rate (APR) is an estimate and is not guaranteed. Actual returns may vary and can be negative.
- You Control Your Assets: When interacting with DApps, you retain control of your private keys. However, you also bear full responsibility for your actions, including approving transactions.
By using the Earn section, you acknowledge that you have read, understood, and agreed to this disclaimer. Always invest cautiously and never more than you are willing to lose.
