Earn Network is proud to announce the launch of Hololoot (HOL) staking pools, designed to provide users with the flexibility and control they need to maximize their earnings. Whether you're a seasoned investor or just starting out, our staking solutions offer the perfect balance of security and accessibility to help you achieve your financial goals.
One of the most exciting features of DeFi Staking is the ability to choose between locked and flexible options, depending on your investment strategy. Locked pools offer higher yields and longer staking periods, making them ideal for users who are willing to commit their funds for longer periods of time. Flexible pools, on the other hand, provide more flexibility without any staking periods, making them perfect for users who prefer a more agile approach to investing.
At Earn Network, we pride ourselves on providing our users with a smooth, user-friendly interface that is completely decentralized. This means that you can stake your funds with confidence, knowing that your investments are safe and secure. So if you're ready to take your investments to the next level, read our step-by-step staking guide for Hololoot.
How to start staking Hololoot (HOL)?
Now, we will walk you through the simple process of interactions with Hololoot DeFi Staking pools so you can easily stake your tokens and earn yield in a decentralized manner.
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 pools.
NOTE: The first wallet supported by our platform is MetaMask. Make sure you have your funds there (HOL, and BNB for fees) on the appropriate network supported by our pools.
3. Select the offer of your interest and click the “Stake” button close to it.
NOTE: Earn Network supports Locked & Flexible Staking pools for HOL. Differences between them can be checked in our Whitepaper.
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 HOL” as a first transaction, set the spending amount, and then confirm it with your MetaMask wallet.
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 tokens.
NOTE: You can always check the summary of your staked funds, and pending and available to claim rewards at the Wallet component.