How to liquid stake INIT on Drop with Keplr
Our INIT staking tutorials provide comprehensive guides on how to liquid stake INIT on . Are you ready to unlock your liquidity?
Follow this step by step below
Enter the referral code STAKELY1 and connect your wallet
Go to the Drop staking page. Before connecting your wallet, enter the referral code STAKELY1 to earn extra Droplets. Then, click “Connect Wallet” and approve the request in your wallet extension.
Step 1 of the Initia tutorial for staking using Keplr on Drop
Select INIT as your staking token
Make sure you’re on the Initia network. Click on the token selector and choose INIT. Confirm your selection.
Step 2 of the Initia tutorial for staking using Keplr on Drop
Stake INIT
Drop automatically detects what you hold:
- If you hold INIT, 20% is swapped for USDC to form LP tokens, which are staked.
- If you hold INIT-USDC LP tokens, they are staked directly.
In both cases, you will receive deINIT representing your liquid staked position.
Step 3 of the Initia tutorial for staking using Keplr on Drop
Review and click Confirm
Review the transaction details and click “Confirm”. If you’re staking INIT, Drop will handle the LP creation in the background.
Step 4 of the Initia tutorial for staking using Keplr on Drop
Confirm the transaction and receive deINIT
Approve the transaction in your wallet. Once confirmed, you’ll receive deINIT, which continues to earn rewards and can be used across DeFi.
Step 5 of the Initia tutorial for staking using Keplr on Drop
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