Everything about staking MST

A Guide covering everything you need to know about MST

What is MST?

The Meridian Stability Token (MST) is a token from the Meridian protocol. It gets fees from the system, and distributes the fees to MST stakers.

What can I do with MST

MST holders can stake their tokens to earn the fees generated by loan issuance and USDM redemptions or deposit their tokens in the Multiplier Pool to earn a share of compounded fees generated through the trading interface.

How to stake MST:

Go to the staking tab

https://daftpage.s3.amazonaws.com/projects/clln4ccur004v08l2eh4r0qry/assets/chrome-capture-2023-12-11-11-pbwg54.png

Click on start staking

https://daftpage.s3.amazonaws.com/projects/clln4ccur004v08l2eh4r0qry/assets/chrome-capture-2023-11-14-1-wwgdcs.png

Enter the amount of MST you would like to stake

https://daftpage.s3.amazonaws.com/projects/clln4ccur004v08l2eh4r0qry/assets/chrome-capture-2023-11-14-2-bnp4s0.png

Click confirm, approve in your wallet, and that is it!