The @SkyEcosystem Staking Engine on DeFi Saver just got a nice update: Users are now able to stake their $SKY in order to earn $SKY rewards, and capitalize on the current 17.37% APY All available with a few clicks in the DFS app.
You can start earning $SKY in a few simple steps: 1. Visit the DeFi Saver app 2. Open the Sky dashboard 3. Click on the "Stake" tab 4. Input the amount to stake, press the "Stake" button and submit the needed transaction. Voila - you're now earning extra $SKY.
❗Important note - If you've staked $SKY for $USDS, the rewards are currently 0% and your staked $SKY will NOT be automatically moved to the $SKY -> $SKY staking engine. As such, we recommend migrating your currently staked $SKY to staking for $SKY rewards.
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