Stake HYDT
Last updated
Last updated
HYDT Protocol's Stake HYDT feature will allow you to stake HYDT stablecoin and Earn 16-30% fixed APY plus additional high APY from governance token(HYGT) farming.
Here is instruction how you can stake HYDT and earn fixed high yield.
HYDT Staking feature is available here
If you don't have HYDT yet, check Purchase HYDT and Initial Mint to obtain HYDT
If you have never used HYDT Protocol before on your wallet, you need to sign signature for first time user confirmation.
You can confirm with or without referrer, also you can input referrer's username or wallet address if you want(leave it blank unless required).
This first time confirmation is also required for the users who used HYDT Protocol before affiliate program's implementation. Signing signature does not affect your HYDT stkaing.
Click "Confirm" and sign signature. This does not cost you any gas.
When you use Stake HYDT feature first time, you need to approve HYDT to start using it.
Click "Approve" and send transaction so that you can spend HYDT from your wallet.
After you approve HYDT, next step is to stake your HYDT stablecoin.
If you have not obtained HYDT stablecoin yet, you can learn how to mint it here. Alternatively you can buy HYDT stablecoin on Pancakeswap or Trade-dex.com exchange
Choose your Staking period
HYDT Protocol offers 3 different lockup period on HYDT staking. You can earn higher APY by staking HYDT on longer period lockup.
104% payout in 90 days (1.156% daily), 16% APY
110% payout in 180 days (0.611% daily), 20% APY
130% payout in 365 days (0.356% daily), 30% APY
Users will receive the stakingt principal and the yield at the same time, for example, if you choose the 30% APY for 365 days tariff, you will receive 0.356% of your staking amount daily, 130% total over 365 days.
HYDT Protocol’s staking system pays out principal and yield simultaneously, which means you earn even higher yield by constantly re-staking the reward you receive.
Because principal and yield are paid out gradually during the staking period, there is no principal release at the end of the staking period and no early redemption is available.
Learn more about HYDT stablecoin staking here
To choose staking period, click your desired staking period on Stake HYDT page.
Enter your staking amount, check return and fees
Below the staking period choices, you can enter your stake amount. Please check Total Return, APY, Daily Payout, Period and Fees before proceeding.
The screenshot shows an example of staking 100 HYDT in a 12-month Staking period.
Click "Stake" and confirm transaction.
Once transaction is completed, you will see your active staking on right side of Stake HYDT page.
You can check how much you have earned from HYDT staking by clicking "Details" on right side of Stake HYDT page.
You can claim reward by clicking "Claim" on right side of Stake HYDT page.
