The Approve step is a security step built into Ethereum and protects the tokens in your wallet from being accessed by smart contracts. By Approving the token on DefiPlaza you give the DefiPlaza contract approval to spend your tokens. You only need to do this once per token and it costs a bit of gas.
Howto Category: Staking
How does staking work on DefiPlaza and discover the rewards.
There are currently two staking programs running on DefiPlaza. You can: Stake XDP2 to receive DFP2 Stake DFP2 to receive XSP Stake XDP2 to receive DFP2 Anyone who provides liquidity to the StablePlaza pool can stake their XDP2 liquidity token in return for DFP2 token rewards. The liquidity can be provided in any of the […]