Buy and Stake Stablecoins
Acquiring Stablecoins
Direct Purchase
- Use decentralized exchanges (Uniswap, SushiSwap, etc.)
- Find your desired stablecoin pair
- Execute the swap transaction
Protocol Minting
- Use the Monolith interface to mint stablecoins
- Deposit collateral as backing
- Mint the desired amount
Staking Process
Step 1: Access Staking
Navigate to the staking section of the Monolith interface.Step 2: Choose Stablecoin
Select which stablecoin you want to stake.Step 3: Enter Amount
Specify the amount you want to stake.Step 4: Confirm Staking
Review terms and confirm the staking transaction.Rewards and Benefits
Staking Rewards
- Earn protocol fees
- Receive governance tokens
- Participate in revenue sharing
Additional Benefits
- Enhanced protocol stability
- Governance participation rights
- Priority access to new features
Managing Your Stake
Monitoring
- Track staking rewards
- Monitor stake health
- View governance proposals
Adjustments
- Add more stake
- Unstake partially or fully
- Claim accumulated rewards
Important Considerations
- Staking locks your tokens
- Unstaking may have waiting periods
- Rewards are subject to protocol performance