The user wallet can hold all of the of the different cryptocurrencies we support (see interoperability for a complete list)
How to Stake
LP Staking is the process by which you transfer your tokens to blockchain and DEX maintenance in exchange for Rewards in the form of new tokens. In simple words — you “deposit” your tokens and receive Rewards on top of them.
On the Unit Network, liquidity providers receive 0.5% in USDU for every transaction on Unit Network DEX when using LP Staking.
Unit currently supports UNIT/USDU, or TOKEN/USDU pairs.
6. Add the amount you want to stake in USDU and an equivalent amount in the token you selected in 1 to 1 ratio. For example, if you would like to stake 100 UNIT at the $4.39 price, you will have to add 439.23 USDU in addition to 100 UNIT to the pool. If you don't have enough USDU in your wallet, you can top up your balance here, using wrapped BTC (BTCU), wrapped ETH (ETHU), wrapped DOT (DOTU), wrapped SOL (SOLU), wrapped BNB (BNBU),wrapped MATIC (MATICU), wrapped ADA (ADAU), or UNIT.
7. Enter the amount to stake your token and USDU
8. Click Stake
9. Receive shares of the pool, so when exchange fees are made, you receive a % based on your shares of the pool.
0.5% of staking rewards are redistributed to the liquidity pool, and LPs receive rewards based on the shareholding % in the pool. In order to realise the rewards, LPs will have to unstake the tokens.