Single Staking BTC & ETH Auto-Compounders

KnightSwap continues to innovate to become the central hub of DeFi on the BNBChain. If you’re already familiar with the Knight Compounders, things just got better! We have now added 2 auto-compounding pools where users can single stake BTC or ETH and receive yields that are auto-compounded.

How do your assets get auto-compounded?

Through the new pools, you deposit your wrapped token BTC/ETH into the Knight vaults where they are paired with BNB or USDT (stable coin) to make liquidity provider (LP) token pairs and then staked/farmed using an auto-compounder to maximize the rewards… all in the background. This removes all the extra steps needed to enter and exit an LP farm.

Step by Step Guide

• Open up Knight compounder page, connect your wallet and “approve” the contract.

• Once enabled, input or use slider to input the amount of the token you want to deposit and click “deposit”
• If you want to deposit all tokens in the wallet, then use “deposit”
• And that’s it! Your assets will be earning yield and compounded automatically

• To withdraw, use the “WITHDRAW” buttons on the right side

For any queries, reach out to KnightSwap team on Discord.