Staking Your First Assets
Step-by-step guidance for earning yield using your Bitcoin or stablecoin as principal, fully automated and non-custodial.
This guide walks you through the steps of staking using bitcoin and stablecoin as principal. Each stage is designed to be clear and straightforward, with Earn handling the technical work in the background.
1. Set your staking preferences
Start by choosing the amount of BTC or stablecoin you want to use as principal for staking.
Earn will calculate the estimated earnings using estimated Annual Percentage Yield (APY).
This helps you understand the expected returns from staking your assets in the respective vaults.
2. Review the available loan offer
After you set your staking preferences, Earn checks supported staking providers and displays all available vaults based on the terms.
Information includes:
the estimated interest rate
any fees associated with the staking
principal asset details
This allows you to review the terms and select the option that best suits your needs before moving forward.
3. Deposit your Principal Assets
Earn generates a unique Bitcoin or EVM address for your principal asset deposit. You send BTC or stablecoin to this address from your own wallet.
After the transaction is submitted, Earn waits for the required confirmations on the blockchain before continuing. You can track the deposit status in real time while it completes.
Your assets remain in a self-custodial flow until it is supplied to the vault you select. If you choose a custodial vault, the assets will be held by that provider as part of the staking.
4. Earn prepares the principal assets
After your BTC or stablecoin deposit is confirmed, Earn handles the steps required to prepare the assets for the vault you selected. This may involve moving the assets to the network used by that staking provider and supplying it as principal on your behalf.
Throughout this process:
You approve the actions before they occur
Earn only performs the steps needed to complete the loan
You can track the progress directly in the app
If you choose a custodial vault, the assets will be held by that provider as part of the stake.
For non-custodial vaults, the assets remains in a self-custodial flow until supplied to the protocol.
5. Unstaking your assets
When you wish to unstake your asset plus any interest rewards from the vault, Earn handles the steps required to unstake the assets from the vault you staked in. This may involve moving the assets to the network used by that staking provider and withdrawing it to the chain of your choice on your behalf.
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