📚 How to Liquid Stake XPRT and Add Liquidity to stkXPRT/XPRT Pool on Persistence DEX 📚
Dinarian Note: The tutorial shows you how to turn your XPRT into Liquid staked stkXPRT, which can then on top of being staked earn you extra yield via the pools on the Persistence DEX. Note: I put a list of the current pools available below. Check out the APR% on these 😉 This is what makes Defi so attractive to investors. Putting your money to work 101. Instead of just staking your XPRT for 16%, you can put it in a pool and make upwards of 50% or more. Note: These values constantly fluctuate. Even if you don't want to partake in this, it's good practice and extremely good to know! This will be invaluable once your a multi-millionaire, unless you plan on keeping your funds in a criminal run BANK! 🤣
⚠ If you reside in the USA, you MUST use a VPN. I set it to Singapore and it works just fine! ~ Namasté 🙏 Crypto Michael ⚡ The Dinarian
This tutorial will guide you through the process of adding liquidity to the stkXPRT/XPRT pool on Persistence DEX.
Table of Contents:
🔹 How to Stake XPRT to get stkXPRT
🔹 How to add liquidity to stkXPRT/XPRT on Persistence DEX
🔹 Use Superfluid LP to convert staked XPRT into stkXPRT/XPRT LP position
🔹 About Persistence One
The guide is split into two parts:
🔹 How do you liquid Stake XPRT to get stkXPRT on pSTAKE Finance?
🔹 How to add liquidity to stkXPRT/XPRT Pool on Persistence DEX.
~ The first part outlines how to liquid-stake XPRT on the pSTAKE Finance dashboard to receive stkXPRT – the liquid-staked version of XPRT.
~ The second part outlines adding liquidity to the stkXPRT/XPRT pool.
To get started, you will need the following:
🔹 A Keplr wallet
🔹 XPRT on the Persistence One chain
Let’s get into it! 👇
https://blog.persistence.one/2024/12/09/how-to-liquid-stake-xprt-and-add-liquidity-to-stkxprt-xprt-pool-on-persistence-dex/