Ways to Earn Yield on the Wanchain Ecosystem

A comparison of the possibilities to earn more assets on the Wanchain ecosystem.

Staking

These are the options when you want to stake tokens. Staking is the safest way to earn rewards.

Staking on a Validator node

• Asset: Wan
• Current APY: around 8%
• Risk of loss: no
• Withdrawal: it will take 3 epochs (roughly 3 days) for funds to become available after withdrawing

1. Download and install the official Wanchain wallet from wanchain.org. The wallet is available offline, for desktops, and on Google Play and App Store for mobile devices.
2. Proceed to set up the wallet, and then transfer the amount of WAN you want to stake to your wallet.
3. On a desktop wallet, select ‘Galaxy POS’, ‘Delegation’, and then click on ‘New Delegation’. Mobile users can access this feature by selecting ‘POS stake’ from the ‘Staking’ menu. Next, select ‘Validators’ and then delegate.
4. Select a validator from the list, enter your address and the amount of WAN you want to stake, and then click the ‘Send’ button.

Staking/delegating on Storeman Node

• Asset: Wan
• Current APY: between 10-13%
• Risk of loss: no
• Withdrawal: funds will be locked for the complete cycle of the Storeman group (1 cycle lasts one month). Need to withdraw before the 29th of each month or you will need to another cycle.

1. Open the WanWallet desktop app, navigate to ‘Storeman’, Delegation, and then ‘New Delegation’. On mobile, select ‘Storeman Stake’ from the ‘Staking’ tab.
2. Choose a node from the list of Storeman nodes and click ‘delegate’.

Staking in Hive on WanSwap

• Asset: Stake WASP and earn WAN or an asset that is chosen by community.
• Current APY: Share of 1000 wan each week, the exact amount depends on your share in the stake.
• Risk of loss: no
• Withdrawal: instant

1. To stake on Hive, visit the WanSwap website or open the DApp on desktop or mobile wallet
2. Select Hive from the navigation bar
3. Navigate to any of the active participating pools and click on ‘Deposit’
4. Click ‘Approve’ and finish the transaction
5. Click ‘Deposit’ and finish the transaction
6. Choose the number of WASP tokens you want to stake
7. Once staked you start earning immediately and you can claim, withdraw, or top-up anytime you like

Staking ZOO for NFT rewards on ZooKeeper

• Asset: ZOO
• Current APY: You get a gold chest that contains an NFT which can also be traded on the ZooKeeper marketplace.
• Risk of loss: no
• Withdrawal: ZOO gets returned once the period needed for unlocking a chest has ended

1. Go to ‘The Expedition’ on ZooKeeper. ZooKeeper is available with WanMask, Metamask, Desktop, or Mobile wallets.
2. Choose a chest
3. Click ‘Approve’ and finish the transaction
4. Click ‘Validate’ and finish the transaction
5. The time now starts and you will receive your chest when the timer is finished

Staking ZOO to earn designated tokens on ZooKeeper

• Asset: There are 2 pools, one of them is permanent ZOO rewards, the other one provides a community chosen token that changes every 4 weeks.
• Current APY: Share of 10000 ZOO each week on the permanent pool, the exact amount depends on your share in the stake. On the second pool, it depends on what asset is chosen.
• Risk of loss: no
• Withdrawal: instant

1. Go to ‘The Safari’ in ZooKeeper sidebar
2. Choose your pool
3. Click ‘Stake’ and ‘Approve’ and finish the transaction
4. Click ‘Validate’ and finish the transaction
5. Keep an eye on the duration of the pool. when the timer ends a new pool will open and you will have to move your stake

Providing liquidity

These are the options for providing liquidity. Higher risk in some cases.

Providing liquidity on WanSwap farming pairs

• Asset: list of pairs viewable here
• Current APY: depends on pair and share in the pool. Liquidity providers also receive 0.25% of each trade done on the pair
• Risk of loss: there is a risk of impermanent loss, more info can be found here
• Withdrawal: instant
• Asset earned: WASP

A guide on how to do this you can find here.

Locking up your WanSwap LP tokens (WSLP) on ZooKeeper for dual farming rewards

• Asset: list of pairs viewable here
• Current APY: depends on pair, share in the pool, and lockup period. The lockup period and rewards can be boosted by using NFTs. Liquidity providers also receive 0.25% of each trade done on the pair.
• Risk of loss: there is a risk of impermanent loss, more info can be found here
• Withdrawal: depending on if a lockup period is chosen or not.
• Asset earned: WASP and ZOO

You can find a guide on how to do this here.

Compounding

These are the options when you want to lend out your assets on WanLend, Wanchain’s compounding DApp.

• Asset: a full list can be viewed here
• Current APY: varies, check above link
• Risk of loss: no risk when not using the deposited funds as collateral for borrowing other assets. If used as collateral there is a chance to be liquidated. More info here
• Withdrawal: instant

You can find a guide on how to use WanLend here

About Wanchain

Wanchain is the infrastructure connecting the decentralized financial world. Wanchain’s live cross-blockchain solution is EVM-based, includes optional private transactions, and provides a decentralized, permissionless, and secure approach for interoperability. Wanchain has employees globally with teams in China, the USA, and other team members around the world in Asia, Africa, and Europe.

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