๐ธzkPepe Staking
Procedure for Staking
One of the numerous ways the zkPepe decentralized financial network gives users passive income is by staking tokens to get incentives. When a user "stakes" a token, the token is no longer in the user's wallet but is instead in the smart contract for the protocol. The protocol offers incentives in the form of extra tokens, either of the same kind as the staked token or a different token, in exchange for this brief commitment of money.
The staking options offered by zkPepe are intended to maximize shareholder profits while imposing the fewest possible costs on the protocol. By using this strategy, zkPepe makes sure that the resources of our consumers are always our first concern.
โUsing Staking Pools
The simplest way to generate profits on your zkPepe and other stable currencies is through single-asset staking pools. To use a Staking Pool, which gives rewards in another token of choosing, users just require one kind of token.
โStaking Pools
Staking Pools allow users to stake the zkPepe or other tokens they've purchased, converted, or earned through yield farming or lending, to earn more $zkPepe or tokens from partner projects.
An input token and a reward token are present in every Staking Pool. Every Staking Pool's input token within zkPepe is zkPepe. Either zkPepe or a token from one of zkPepe's partner projects serves as the prize tokens.
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