Ankr Liquid Staking provides a straightforward way to stake your ETH and receive a liquid, yield-bearing token in return. This guide will walk you through the technical process of minting AnkrETH (Ankr's Liquid Staking Token) and how you can leverage it in your dApps.
Core Concept: The Liquid Staking Derivative
When you stake with Ankr, you are not just locking your ETH. You are swapping it for ankrETH. This token represents your staked ETH plus the network rewards it accrues. The ankrETH token is fully liquid, meaning it can be traded, used as collateral, or integrated into other DeFi protocols.
Step-by-Step Guide: How to Stake on Ankr
Navigate to Ankr Staking: Go to the official staking portal on ankr.com.
Connect Your Wallet: Connect your Web3 wallet (e.g., MetaMask).
Select Your Asset: Choose the asset you wish to stake (e.g., Ethereum).
Enter Amount: Input the amount of ETH you want to stake. The interface will show you the amount of ankrETH you will receive.
Confirm Transaction: Execute the staking transaction. Once confirmed, you will have ankrETH in your wallet and will start earning staking rewards.
Integration for Developers
The ankrETH token is a standard ERC-20 token, making it easy to integrate. But Ankr's offerings go deeper. As a leading Ankr RPC Node Provider, they also provide robust Ankr Developer APIs that you can use to build scalable dApps, query blockchain data, and more. You can use Ankr's infrastructure to power your app while using Ankr's LSTs within it.
For a full SDK guide and API documentation, please refer to the https://sites.google.com/koinly-tax-reports.org/ankrstaking/.
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