🚀How to Leverage Stake?
Leverage staking is a strategy that allows users to maximize their staking rewards by borrowing additional assets to stake, resulting in potentially higher returns compared to traditional staking.
You can create leveraged positions with a minimum of 1.5x to 2.5x. To reduce your liquidation risk, provide additional collateral in the event of a rising debt ratio.
# Set Leverage Position & Transfer to Stayking wallet
Enter the quantity of the collateral asset.
Select the multiplier for leverage. The quantity of loan assets, based on the collateral asset and the selected multiplier, will be automatically entered.
When the staking process starts, assets are transferred from the associated Kepler wallet to the Stayking wallet.
# Create Position
Finalise leveraged positions in your service wallet.
The created positions can be managed from the main menu "Positions".
You can find more information here.
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