DeFi Staking: Guide for Dypius (DYP) staking pools

With the launch of Dypius staking pools, Earn Network is excited to offer users seamless earning services. Check out the quick step-by-step guide to start staking through our easy-to-follow process.

DeFi Staking: Guide for Dypius (DYP) staking pools
With the launch of Dypius staking pools, Earn Network is excited to offer users seamless earning services. Check out the quick step-by-step guide to start staking through our easy-to-follow process.

Thanks to the recent collaboration between Earn Network and Dypius, we're pleased to announce the launch of the most diversified pools on the Earn platform so far.

The launch of Dypius staking pools is a big step forward in adding new features to the DeFi staking category. To know new functionalities better, please check out our article dedicated to the details of those pools.

How to start staking Dypius (DYP)?

Now, we will walk you through the simple process of interactions with Dypius DeFi Staking pools, so you can easily stake your tokens and earn yield in a decentralized manner.

For the purposes of this guide, we will show you how to stake in 60-day locked pool on the Ethereum network in order to get one of CAWS NFTs. The staking process is the same for the BNB Smart Chain Pool and the Special Pool. However, the 90-day pool is locked by the access code that will be gifted to the lucky winner of the Gleam campaign.

1. Go to the one of Dypius offers pages.

2. Click “Connect Wallet” - the MetaMask modal will appear. Right after connecting, you’ll be able to check your account balance together with funds that interact with our DeFi Staking pool.

NOTE: The first wallet supported by our platform is MetaMask. Make sure you have your funds there (DYP and ETH for fees) on the appropriate network supported by our pools.

3. Select the offer of your interest and click the “Stake” button next to it.

4. After clicking “Stake” a window will pop up. The next step is to input the number of tokens you wish to stake. Now you need to click “Approve DYP” as a first transaction, set the spending amount and then confirm it with your MetaMask wallet.

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Remember to stake at least 5,000 DYP to get a CAWS NFT.

5. After the approval transaction is completed, click on the “Stake” button and confirm it again with your MetaMask wallet.

6. Congratulations! You have successfully staked your DYP tokens.

7. After 60 days you will be able to claim your funds, rewards and the CAWS NFT.

NOTE: You can always check the summary of your staked funds together with pending and available to claim rewards at the Wallet component.


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