Staking

Learn how to stake $USDS and claim $SKY

USDS Staking Overview

Staking $USDS on Summer.fi allows you to earn $SKY rewards through the Sky Token Rewards Rate (STR). This is a simple process where you can grow your rewards by staking your $USDS directly on the platform.

How to Stake USDS

Follow these steps to start staking your $USDS and earning $SKY rewards:

1. Connect Your Wallet: Visit Summer.fi and connect your wallet to access your $USDS tokens.

2. Set Allowance: Ensure you have set the required token allowance for staking. This allows the platform to interact with your tokens.

3. Choose Amount to Stake: Select the amount of $USDS you wish to stake.

4. Confirm in Wallet: Confirm the transaction in your wallet to complete the staking process.

Once the process is confirmed, you'll start earning $SKY rewards through the STR.

Claiming Your SKY Rewards

You can claim your earned $SKY tokens directly on Summer.fi at any time. Here’s how:

1. Go to the "Claim" Tab: Navigate to the "Claim" tab on the platform.

2. Claim Available SKY: You’ll see the amount of $SKY available for you to claim. Click "Claim" to withdraw your rewards.

3. Confirm in Wallet: Confirm the transaction in your wallet to receive your $SKY tokens.