How To Stake In Helix Pools

Because the staking pools require only a single asset, there is no need to provide liquidity or worry about LP tokens, all that is needed is an amount of crypto to stake so you can start earning passively.

In addition to providing great yields, pools on Helix also enable holders to gain exposure to new tokens from the variety of projects available, so rewards are not limited to only HELIX.

Single asset pools are a great option for beginners seeking to gain passive yield, but attempting to avoid exposure to impermanent loss.

How To Stake In the Helix Pools

Ensuring you have the correct currency in your wallet, head over to the pools by selecting the tab at the top of the home screen.

Here, various pools will be displayed where you can earn the different tokens deposited in the pools on Helix. Each pool will have key information provided, including the expected rewards, and the total amount staked in the pool.

After selecting a pool you want to stake into (more will be added over time, offering different reward assets) use the drop down menu to expose the "Enable" tab. Select this tab, and confirm in your wallet - remember, there is a small gas fee.

After confirmation, hit the "Stake" tab, and choose the amount you would like to stake in the pool. Hit confirm, and approve the transaction in your wallet.

After the amount has been deposited, your balance will change to reflect the new amount in the pool.

Removing Funds From A Pool

To redeem your deposited funds, return to the staking pools and locate your deposit.

Use the "-" icon to remove funds,(you can also "+" to add more to your position on this screen) Confirm the action in the wallet popup.

Your pool balance will automatically update to reflect the changes.

Want to open a staking pool for your project? Get in touch with the Geometry team!