Staking with Swan
Benefits of Staking
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Automated Delegation: Swan simplifies the staking process by automating delegation to service providers.
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Risk Diversification: Funds are distributed across multiple service providers, reducing exposure to individual provider risks.
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Enhanced Liquidity: Stakers receive pSWAN, enabling participation in DeFi protocols or trades without forfeiting staking rewards.
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Seamless Integration (Coming Soon): pSWAN is compatible with a wide array of DeFi applications, maximizing opportunities for stakers.
How to Stake
Step-by-Step Guide
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Connect Your Wallet:
- Access the Swan platform and connect your wallet.
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Deposit SWAN:
- Enter the amount of SWAN you wish to stake and approve the transaction.
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Receive pSWAN:
- Once the deposit is complete, you’ll receive pSWAN reflecting your staked amount.