How to stake Loopring (LRC)

How to stake Loopring (LRC)

By yanis | little crypto guides | 26 Jun 2020


Loopring is the coin of loopring DEX. You already know a bit because it is used on publish0x, but it is also used for liquidity... so we can lend them our LRC and receive a percentage of fees generated by DEX (with all these tips, you would have a bit LRC in your wallet...).

important note : LRC will be locked for 90 days, so only stake coins you doesn't need immediatly... like publish0x tips

 

1 - Go to staking website

Just go to staking.loopring.org.

 

2 - Log in using your wallet

There's a list of supported wallets (metamask, ledger, trezor...). Click on the wallet icon and unlock wallet. You'll see a "dashboard".

 

3 - Deposit LRC for staking

Just click "stake", pass the steps (approving, validating txn).

 

4 - All done

Just wait and let your LRC grow.

 

 

note : This article isn't an investment advise. Only stake coins you doesn't need (like free coins)

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yanis
yanis

I'm not afraid of the matrix, I AM THE MATRIX (pure code here)


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