Stake Your DOT on Acala
2 min readSep 21, 2024
Love steak? Love staking? Acala Network offers you the perfect way to combine both! Here’s how you can stake your $DOT on Acala, with options to suit every investor’s appetite
The "Rare" Steak: Liquid Staking with LDOT (Link)
- Like a perfectly seared rare steak, LDOT offers maximum flexibility. Convert your DOT to LDOT, a liquid staking token, and keep it readily available for use in DeFi applications.
- Enjoy the benefits of staking (earning rewards) without locking up your DOT.
- This option caters to users who want immediate access to their staked assets.
The "Medium" Steak: Staking with Fixed Earn (Link)
- Similar to a medium-rare steak, this option provides a good balance between flexibility and rewards. Stake your DOT for a fixed period (typically a few weeks) to earn competitive APYs.
- Enjoy a predefined rate of return for your staking period.
- This option is ideal for users who want to commit their DOT for a set time while earning predictable rewards.
The "Well-Done" Steak: Staking in Acala’s Ecosystem (Link)
- Like a well-done steak, this option offers the highest potential rewards but with the least flexibility. Stake your DOT on various liquidity pools within the Acala ecosystem.
- Earn the highest APYs available through Acala’s staking options.
**This option is ideal for users who are comfortable with locking up their DOT for longer periods in exchange for maximized returns.
No matter your preference, Acala has a staking option for you!
Join the Acala Network and savor the delicious rewards of staking your $DOT!