🌠Stake esETR

Stake esETR to receive esETR, USDC and Multiplier Points.

Navigate to Escrowed ETR Vault

In the Escrowed ETR section, you will see the following information:

• Price: The price of esETR

• Wallet: The amount of esETR in your wallet.

• Staked: The amount of esETR you are staking

• APR:

  Staking reward APR sourced from the binary options trading fees generated in a week. The APRs are updated weekly every Wednesday and will depend on the fees collected for the said week.

  Annual Percentage Rate of ETR staking which includes:

  • Escrowed ETR APR

  • Base USDC APR

  • Boosted APR (The Boosted APR is from your staked Multiplier Points)

• Multiplier points APR: Based on this APR, you will know how many Multiplier Points user would receive after one year of staking ETR.

• Total staked: Total amount of esETR is being staked in pool

• Total supply: The total supply of esETR at the moment

Stake esETR

To stake esETR:

• Click "Stake" on the "esETR" section.

• In the pop-up that appears, enter the amount of esETR you want to stake.

• Click "Stake" once more to confirm your choice.

• Confirm transaction.

Note that if this is the first time you stake ETR, you have to approve the smart contract to use your esETR first. To do so, click on the Approve button.

After finished staking, you'll notice your rewards starting to pile up every time you refresh the Earn page.

View rewards from staking esETR

The rewards for staking esETR which include: USDC, Escrowed ETR, Multiplier points are also shown in the "Total Rewards" section.

Unstake esETR

After staking esETR, you can unstake esETR.

• Click "Unstake" on the "esETR" section.

• In the pop-up that appears, enter the amount of ETR you want to unstake.

• Click "Unstake"

• Confirm transaction.

Note: When you unstake esETR, a proportional amount of Multiplier points are burnt.

If you wish to explore the detailed formulas for the fields on the Earn page, navigate to the Earn Formulas page.