How to liquid stake NEAR on Meta Pool with MyNearWallet
Follow this step by step below
Create a MyNearWallet account
To liquid stake NEAR with Meta Pool, you will need a MyNearWallet account. Visit MyNearWallet to create a new account, import an existing account from a seed phrase, or connect a Ledger device (with the NEAR Ledger App installed and open). Remember to securely save your password.
Connect your wallet to Meta Pool
Visit the Meta Pool App and click on the Stake button. Choose the token you want to stake, in this case, select Stake NEAR. Then, click on Connect your wallet to stake and choose MyNearWallet from the list.
Stake NEAR and receive stNEAR
Make sure you have selected the Stake option and enter the amount of NEAR you wish to stake. Click the Stake now button and approve the transaction in your MyNearWallet. This process will exchange your NEAR tokens for stNEAR, which represents the value of your staked NEAR and accrues value over time.
Manage your stNEAR
You have successfully liquid staked NEAR! When you decide to unstake, you have two options. You can use Fast Unstake to immediately unstake your stNEAR by paying a small fee. Alternatively, you can opt for the traditional unstake method called Delayed Unstake, which takes 6 days to complete and doesn't provide rewards during that time.
