NEOPIN

Hello, everyone. It&#39;s great to see you again.Have you used the NEOPIN app in the previous tutorials? Today, we&#39;re going to learn about liquid staking on NEOPIN.<h2 id="header-0">Boost your earnings with NEOPIN Liquid Stake</h2>Liquid stake is a staking service that allows users to stake assets and receive liquidity tokens in return, allowing them to leverage their assets across multiple DeFi protocols.In conventional Proof of Stake (PoS) staking services, staking an asset has the advantage of stably receiving rewards from the blockchain network, but it has the disadvantage of not being able to use the asset during the staking period.Liquid staking provides a corresponding token when an asset is staked, allowing the asset to be liquidized even while it is staked.In essence, liquid staking is a solution that retains the advantages of traditional PoS staking while improving on its drawbacks.<h2 id="header-1">NEOPIN’s Liquid Stake Protocol</h2>When users stake assets in a liquid staking product on NEOPIN, “NEOPIN’s Staked Tokens” (npTokens, e.g. npETH, npKLAY) of the same or equivalent value as the staked asset will be minted and distributed, and users can utilize these tokens in various DeFi protocols.Plus, just like NEOPIN’s single staking products, users can stake with small amounts of assets. For example, while Ethereum requires a minimum of 32 ETH to operate a node, NEOPIN allows users to stake as minimum as 0.01 ETH.In addition, rewards are a compounded return of staked assets as they are automatically re-staked. With NEOPIN’s liquid staking product, users do not need to manually claim and re-stake their rewards to achieve a compounded return as with single staking products.If you&#39;ve used staking before, liquid staking is easy to use.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXetAZqasPi-aoKClUvpG3tvil_XFOnb5Ya96gPLV3eKz7-9oZhtyaJ9756yuwKTJMXkylQwckAW-lVvyJpq8P8vZa4AkPE8kzSST9Kyxqgagv4VkLjbHFaAdaexNLbNcOOOXqpo4L4itPX8cBhsnMlulBjQ?key&#61;EO1vBK6mAgiFM_Izkru6_A" />Liquid staking is available through the Staking menu. The Staking menu is located at the top center of the Wallet tab.<h2 id="header-2">1. Liquid Staking</h2>How to Liquid StakePlease see the guide below on how to Liquid Stake in NEOPIN.1) Stake· Click the [Staking] menu on the main screen or Go to the [Earn] tab &gt; [Stake] menu· Select a product you want to Liquid stake and proceed to the product detail pages<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfXBvG1gOjBt7sX1idCK3XMv6UrEPUHLI6IF2007T7LvGH1q9B9acmV-CM5V2P4HBVAETQEtPvr1yAFqnxO9aAW_6bbk9Xx5C7gtrUxrNu6PGRUx4hx7un41W6T7vS9u9YYveUlaCMlB8sNR7ZchtYZ3l_r?key&#61;EO1vBK6mAgiFM_Izkru6_A" />· After carefully reviewing the product information, click the [Stake Now] button· Enter the amount to stake and click the [Stake] button· Enter the PIN Code to complete the swap.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfAXdO6cJRowxU-Hq_0qsvEAsA230f1ydHLSTMiPagw3liemFIr9c0KPN8LG3Vm3v9HVMlIFHVFAdpT6pBbV2tO5KMdJkrTm5QI_DOmhnRKlZO_H4qu0veEMKbAKCcFCjCbwvkY3HBw1qAVo9Er1NBNs8bu?key&#61;EO1vBK6mAgiFM_Izkru6_A" />· The expected APR for Stake is determined by the chain inflation, and the changed APR will be updated and displayed in the Stake product information.· Staked assets cannot be deposited, withdrawn or traded.· There is a minimum amount required to stake depending on the product.· After your staking request, the transaction request will be sent to the blockchain network (There may be a waiting time depending on the network situation).2) Unstake· Click the [Staking] menu on the main screen or Go to the [Earn] tab &gt; [Stake] menu and select the product you want to unstake· Review the details of your staked products. In the details, you can check the expected APR, and the cumulative rewards.· Click the [Unstake] button<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc81tucdzkvz9YQaqroy-8Uqf8xy7AfQsnq25VrkDVOL9rmUvJpOeyAuy3i1oXINRqFVdVT-DWILk5bdxRQon9RqQKkQm-vOYD9Aw_EC40CqdmMIlGR6j_ePrjiiNscrZ9Oyduvl8vbMNcC_s_cCpLl29tc?key&#61;EO1vBK6mAgiFM_Izkru6_A" />· Enter the amount you want to unstake and click the [Unstake] button· Enter the PIN Code to complete the Unstake process.· The time required for unstaking varies from product to product.3) Claim Rewards· At the top of the main screen, click the [Rewards] menuor Go to the [Earn] tab &gt; Click the [Rewards] menu· Click the [Claim] button and select the token you want to claim· Click the [Claim Rewards] button. After the transaction is completed, the rewards will be transferred to your wallet.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdKw4FqF_1d2VgOHJDcSZJlQ8BksV2EG_fnvM8XPaf2tokEhm9mxVftDGrA3baYREgh54lmRIrDgzamkOAY_aDm6fsiSv1cnF-9qT73BBL7Ck7T7MJoCIGgosaYNfxxQ034aydtb_kExRpE-qWv--cM-DuY?key&#61;EO1vBK6mAgiFM_Izkru6_A" />· For products with multiple rewards, each reward is accumulated separately and each reward is transferred to your wallet each time you claim the reward.· If the user&#39;s wallet address does not have enough tokens to cover the transaction fee, the claim cannot be made.· The longer the claim cycle with fewer transactions you make, the lower the fees.· Depending on the unique characteristics of each network, there may be a time limit or delay for claiming rewards for each product.· You can view a list of assets that users have invested in in Rewards.4) Up To 3% APR BOOST(NEOPIN Membership)&#x1f680; APR Boost — Up to an Extra 3% Bonus APR on Top of Base APROn NEOPIN, you can liquid stake ETH, KLAY. Staking earns you points, which determine your membership tier. Depending on your membership tier, you can earn an additional 1.5% to 3% APR on staking products. NEOPIN offers decentralized staking for cryptocurrencies with direct node validator activity. This is one of the reasons why NEOPIN&#39;s staking is superior to other projects, as it also offers APR boosts through membership.NEOPIN Club Membership BenefitsImagine your staked assets working harder for you. The higher your membership tier, the higher the Annual Percentage Rate (APR) you earn on membership staking products.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfnxetv-v_6oIpQpZZ-Btt4KYYdaOpWLSw_2o8gvIJM-8XM_09GNPWA5av9D5UYjmmgMNHBwG-vPN3L_PEPwoBWYhH32OKDtLUHr8CozdnEIpPde_qHFrgXquJOWxaWcDfS6qz3yVFVm665VWyXqCn3euJD?key&#61;EO1vBK6mAgiFM_Izkru6_A" />NEOPIN Membership APR on 16 May. 2024, NPT stake amount is an estimate based on the CoinmarketCap price on 14 May 2024. and it may be changed over time.NEOPIN&#39;s liquid staked tokens are called npTokens: npETH for liquid staking Ethereum and npKLAY for liquid staking Klaytn. You can invest or use the npTokens you receive in other products on NEOPIN. When you return your NP tokens to NEOPIN, you can withdraw the tokens you&#39;ve already staked.Try pools like npETH-ETH, rETH-ETH, npKLAY-KLAY and more!<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcLlEAIz43v-DSHoPLUpJWAhjGpBXC1VrWlGFn7d0sCNjtVkpsN34Si7m8HFKri6OOxJXyYEAad9g8pfv9PkdWN7v7hGlMlb6xfeJsmIk-R5BNt_kdAtG8wp-ku1Em2q2QUktkFPI2Gjv8uixGqCHcQBq0?key&#61;EO1vBK6mAgiFM_Izkru6_A" />NEOPIN&#39;s staking, liquid staking, is really easy to use. Next time, we&#39;ll introduce you to NEOPIN&#39;s derivatives, index products, and more. See you soon! &#x1f606;&#x1f465; Join the NEOPIN Communities<a href="https://onelink.to/5ynn8k" rel="noopener noreferrer nofollow">App</a> |<a href="https://neopin.io/" rel="noopener noreferrer nofollow"> Web</a> |<a href="https://twitter.com/NeopinOfficial" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://medium.com/neopin-official" rel="noopener noreferrer nofollow"> Medium</a> |<a href="https://discord.gg/neopinofficial" rel="noopener noreferrer nofollow"> Discord</a> |<a href="https://t.me/neopin_eng" rel="noopener noreferrer nofollow"> Telegram</a>

[NEOPIN 3.0 Guide] Liquid staking(APP)

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