How to stake and earn fee reward
Staking means users lock their tokens for a period of time in exchange for additional rewards. This is similar to open a bank saving account. Users deposit funds to a saving account. 3 months later, users can withdraw the initial deposit and earned interests.
In crypto, users earn the tokens they stake in trading pairs. For example, users stake in AM-SOL pool will receive $AM and $SOL rewards.
Steps to stake
1. Go to
https://m3m3.meteora.ag/farms/GUx2bt7tYobhFkCtm5thLk875eRqfysk422XUZccHy6J
2. Connect wallet and stake any amount of $AM
3. Wait for a few hours/days to claim rewards in $SOL and $AM
You can un-stake anytime. There is 24 hours cool down period. After 24 hours, funds will arrive in your wallet. Sometimes, it takes longer because of Solana network congestion.
Your tokens will not get liquidated. This is not a lending protocol.
No impermanent loss. You stake. You don't provide liquidity.
*Notes
The numbers in the screenshot may change because of market conditions such as high/low price, high/low liquidity and other factors.