Staking
Learn how to stake $USDS and claim $SKY
Last updated
Learn how to stake $USDS and claim $SKY
Last updated
Oazo Apps 2023
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.
Follow these steps to start staking your $USDS and earning $SKY rewards:
Connect Your Wallet: Visit Summer.fi and connect your wallet to access your $USDS tokens.
Set Allowance: Ensure you have set the required token allowance for staking. This allows the platform to interact with your tokens.
Choose Amount to Stake: Select the amount of $USDS you wish to stake.
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.
You can claim your earned $SKY tokens directly on Summer.fi at any time. Here’s how:
Go to the "Claim" Tab: Navigate to the "Claim" tab on the platform.
Claim Available SKY: You’ll see the amount of $SKY available for you to claim. Click "Claim" to withdraw your rewards.
Confirm in Wallet: Confirm the transaction in your wallet to receive your $SKY tokens.