This article provides a tutorial on how to stake crypto into SafePal Earn and earn passive yieldings from your crypto holdings.
About SafePal Earn: SafePal Earn is a stake-to-earn feature built within the SafePal App to help users earn the most out of the crypto holdings. To use SafePal Earn, please upgrade your SafePal App above V2.9.0 first.
This article covers the following steps:
Related articles that you interest you:
- How to create LP tokens in the SafePal App
- How to claim the earned yieldings from SafePal Earn
- How to withdraw the deposited LP token from SafePal Earn
Step 1 Select a pool
Open SafePal App and click the Earn tab at the bottom. Here you can view all the available pools in SafePal Earn. You can sort them based on popularity, APY, and TVL, or filter by network, protocol, and type.
Step 2 Enable the LP tokens
Once you have decided which pool to join, click on it to enter the staking interface. In this article, we will use the BNB-SFP from PancakeSwap as an example.
Click the 'Get LP' icon.
Enter the amount of your $BNB and $SFP tokens, and click 'Add Liquidity'.
Check the LP token details, and click 'Confirm'.
Choose a network fee standard, and click 'Confirm'.
Enter your App security password to confirm the signature.
Step 3 Deposit LP tokens
After you have enabled the tokens for the pool, enter the LP token amount and click the ‘Deposit’ icon.
Select a network fee standard and click 'Confirm'.
Enter your App security password.
Step 4 Complete
Congratulations! You have successfully staked crypto assets into SafePal Earn. To view the latest yieldings, pull down the App page and refresh.