How to Stake on Massa and Earn Impressive Yields
Welcome to the exciting world of Massa, where you have the opportunity to earn significant yields through two distinct staking methods: running a node or staking on the Dusa DEX. You can choose to engage in one or both methods, depending on your interest and resources.
Option 1: Staking by Running a Node on Massa
- Step 1: Acquire Massa Coins
To begin, you’ll need 101 Massa coins, which are approximately $13 at current prices. You can purchase Massa coins (MAS) through one of the following exchanges:
- Bitget: https://www.bitget.com/spot/MASUSDT
- MEXC: https://www.mexc.com/exchange/MAS_USDT - Step 2: Setting Up Your Node
To set up your node, you’ll need a standard desktop computer with internet access. Detailed instructions for setting up your node can be found here: https://docs.massa.net/docs/node/home - Step 3: Join the Community
For technical support and to connect with other node runners, visit the Massa community and tech support channels! A complete list of our official links can be found at the bottom of this article.
Yields: Running a node on Massa can currently yields about 100% annually.
Option 2: Liquidity incentives on the Dusa DEX
- Step 1: Create a Wallet
Create a browser wallet to interact with the Dusa DEX:
- Bearby Wallet: https://bearby.io/ (community wallet) - Step 2: Bridge Your Assets
Bridge your assets like WETH, USDC, or DAI from the Ethereum mainnet to Massa:
- Bridge to Massa: https://bridge.massa.net
The bridging process costs around $5, and you will receive 1 $Mas airdropped to your Massa wallet to cover the initial gas costs. - Step 3: Add Liquidity on the Dusa DEX
Navigate to the Dusa DEX and select the appropriate pools for your bridged assets:
- Dusa DEX Pools: https://app.dusa.io - Step 4: Manage Your Liquidity
To ensure your liquidity is active, follow the concentrated liquidity model guidelines by Dusa Labs and monitor your position on the leaderboard:
- Leaderboard and APR Info: https://twitter.com/DusaLabs/status/1773394670225334527
APR Information:
- Volatile assets: 1000+% APR
- Stable assets: 84% APR
Example of Potential Earnings: An estimated $2,431 per week can be earned with a $10,000 investment in stablecoins.
Additional Resources:
- Dusa Liquidity Providing Guide: https://docs.dusa.io/liquidity/deployingLiquidity
Conclusion
Massa offers two robust avenues for earning through staking: running your own node or participating in liquidity provision on the Dusa DEX. Depending on your preference and the assets you wish to utilize, you can choose the method that best suits your financial goals.
Join the Massa ecosystem today and start capitalizing on these lucrative opportunities!
- Website: massa.net
- Massa Foundation website: https://massa.foundation/
- Documentation: https://docs.massa.net/
- Source code and tutorials: github.com/massalabs/massa
- Telegram: t.me/massanetwork
- Discord: discord.gg/massa
- Twitter: https://twitter.com/MassaLabs
- Reddit: reddit.com/r/massa/
- Youtube: youtube.com/channel/UChVfdvYpn0eFk4B-T7TGmOg
