🔴Staking

Passive income

What is staking ?

Staking in CDEF is becoming a liquidity provider. Liquidity provider is a user who funds a liquidity pool with crypto assets who owns to facilitate trading on the platform and earn passive income.

Liquidity pools are leveraged by the decentralized exchanges that use automated market maker-based systems to allow trading of illiquid trading pairs with limited slippage.

Coins and categories

Low Risk : Stable coin (example: USDT, BUSD)

Medium Risk : BTC and Altcoins ( example: BNB, ETH, XRP...)

High Risk : Cake, MDX, XVS, BSW...

Staking guide

Wallet >> Select coin >> Stake

Before staking, you need to have sufficient balance in wallet, here is the guide for deposit to wallet.

Can I withdraw my staked coins ?

Your coins are still in your possession when you stake them. You are essentially putting them to work, and free to unstake anytime.

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