Polkadot Liquid Staking from Ankr StakeFi offer instant liquidity for your staked DOT.
Overview of Polkadot Liquid Staking Steps
01.Stake DOT tokens
Stake DOT tokens from your polkadot.js wallet with Ankr selected validator nodes.
02. Receive aDOTb liquid staking tokens
In return for staking DOT you receive aDOTb liquid staking tokens. aDOTb tokens are ERC-20 reward-earning tokens.
03. Receive Staking Rewards
Staking rewards are distributed to your wallet daily and your wallet's aDOTb balance will increase daily.
04. Use aDOTb on DeFi platforms
aDOTb provides provide instant liquidity.
You will be expected to use your aDOTb tokens to participate in liquidity mining, lending, and other strategies to further boost rewards on the following DeFi platforms: