If you like DeFi, then you love earning on-chain yield without having to give away your private keys.
The Liquid Loans protocol provides just that with a way to earn $PLS and $USDL by staking LOAN token.
Read on to learn everything you need to know about the LOAN Staking Pool.
The LOAN Token is the secondary token created by the Liquid Loans protocol. When staked, it captures the fees generated by the protocol.
Users can currently obtain LOAN token in 3 different ways:
The LOAN Staking Pool is a smart contract in which users can deposit LOAN tokens to earn the fees generated from the protocol.
The yield generated from the LOAN Staking Pool comes from 2 sources:
The LOAN Staking Pool is permissionless and admin key free. Holders of LOAN token are not required to stake and stakers can remove their LOAN token at any time.
This section applies to PulseChain Testnet v4, once Liquid Loans is live on Mainnet, this guide will be updated.
After you have obtained LOAN token:
Earning from the LOAN Staking Pool depend on a variety of factors:
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Disclaimer:Please note that nothing on this website constitutes financial advice. Whilst every effort has been made to ensure that the information provided on this website is accurate, individuals must not rely on this information to make a financial or investment decision. Before making any decision, we strongly recommend you consult a qualified professional who should take into account your specific investment objectives, financial situation and individual needs.
Connor is a US-based digital marketer and writer. He has a diverse military and academic background, but developed a passion over the years for blockchain and DeFi because of their potential to provide censorship resistance and financial freedom. Connor is dedicated to educating and inspiring others in the space, and is an active member and investor in the Ethereum, Hex, and PulseChain communities.