💰Invest - LP Staking on STASHAPP
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To learn more about what a liquidity pool is and how it works refer to this article on the official Stellar doc
It is one of the top priorities to ensure our liquidity pools continue to increase and are maintained along the way. By making depositing to our pools easy & accessible through StashApp more users are now part of providing liquidity to the project.
We have also started giving automatic daily reward payments in Stellar Cannacoin relative to the amount of staked XLM/CANNACOIN to all liquidity holders. (4.2% APY 6.9% PROMOTIONAL APY value paid daily). This incentive scheme will continue for as long as we have the dedicated funds available.
From the Main Screen go to liquidity tab (fig 8.1a) swipe until you find the pool you are interested in and select it (fig 8.1b)
Enter the amount of CANNACOIN you intend to invest in the CANNACOIN/XLM or CANNACOIN/USDC pool, the counter-value in XLM/USCD will be filled in automatically based on the amount of CANNACOIN (make sure you have sufficient balance). Click on 'Deposit' and wait for confirmation (fig. 8.2). That's it, you will now receive a daily reward in CANNACOIN based on your percentage share in the Pool... so...
