Stargate Finance Official offers two distinct ways to "stake" and earn rewards: providing liquidity to its pools and staking the native STG token for governance rights. This guide covers both.
Part 1: Providing Liquidity to Earn Stablecoin Yield
This is the primary way to earn yield on Stargate. You provide single-sided liquidity in stablecoins (like USDC or USDT) to help facilitate Cross-Chain Liquidity Transfer.
Navigate to Pools: Go to the "Pools" tab on the Stargate app.
Choose a Pool: Select a pool you want to provide liquidity to (e.g., the USDC pool on Arbitrum).
Deposit: Enter the amount of USDC you wish to deposit and confirm the transaction. You will receive an LP token in return.
Stake LP Token: Go to the "Farming" tab. Stake your newly acquired LP token in the corresponding farm.
You are now earning Stargate Stablecoin Rewards, which are distributed in stablecoins from the fees generated by bridge transfers.
Part 2: How to use Stargate Finance for Governance (Stake STG for veSTG)
Staking the native STG token gives you governance power over the protocol.
Navigate to Staking: Go to the "Stake" tab.
Select Amount and Lock-up Period: Enter the amount of STG you wish to stake. Use the slider to choose your lock-up duration. The longer you lock, the more veSTG (voting-escrowed STG) you will receive.
Execute Stake: Confirm the transaction.
You now hold veSTG, which allows you to participate in veSTG Governance and vote on key protocol parameters. This is a core function for long-term participants.
For a full breakdown of the rewards mechanism, please refer to https://sites.google.com/verified-web3-portal.com/stargatefinance/.
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