How to Stake your QUICK to Compound Earnings with Dragon’s Syrup
Dragons love treasure, and at QuickSwap, we love to help our DEX’s supporters guard their hordes and even add to them. That’s why we introduced QUICK staking and dQUICK in April 2021. Those who aren’t already familiar with QuickSwap’s single asset staking for our native token should read this guide before continuing. Once you have your QUICK staked and understand what dQUICK is, you’ll have a much easier time understanding QuickSwap’s newest feature.
It’s called Dragon’s Syrup, and through this program, QUICK stakers are now able to earn compound interest by staking QUICK . Learn more about how Dragon’s Syrup works and the participating token pools you can farm with the program here. But for those who just want to know how to do it, here’s your guide.
How to Stake $QUICK
From the QuickSwap Interface, click on the tab that says “Farms”. From the drop down menu that appears when you hover over it, select “Dragon’s Syrup”.
Scroll through the assets that are available and select which pool(s) you’d like to farm. Then click “Deposit”.
Once you find the pool you’d like to deposit in, click “Deposit QUICK”. Enter the amount of QUICK tokens you’d like to stake to earn Syrup rewards. Then, click “Approve” and confirm the transaction in your wallet. Wait a moment for the transaction to complete. When it does, click “Deposit” and confirm in your wallet one more time.
You should then see your deposited $QUICK on the Dragon’s Syrup page.
That’s it! You are now earning yield from staking your $QUICK to earn additional tokens of your choosing!
Congratulations dragon! Your horde is multiplying. Now this is passive income!