What can I do with my Unit0 rewards

As you know, stakers of WavesFunnyNode receive Unit0 rewards because our node participates in the Waves Layer 2 network called the Units Network (Unit0). In this article, we will explain what you can do with these rewards.

Participate in Unit0 DAO

By participating in the Unit0 DAO, you can earn rewards from projects - such as this example from the SWOP

How to join to the DAO and vote?

To participate in Unit0, you first need to stake Unit0 tokens in the DAO. Here’s how to do it:

1

Connect your wallet

First, you need to connect your Waves account to the Unit0 DAOwebsite.

2

Stake tokens in the DAO

Once connected, click on your wallet address and avatar in the top-right corner, then:

• Click "Manage UNITS"

• Select the "Stake" option

• Enter the amount you want to stake

Keep in mind, to be able to vote, you need to stake more than 1 Unit0 token.

Finally, hit the "Stake" button and you’re done!

2. Swap or provide liquidity

You can swap them for any token you want, or provide liquidity to pools for extra rewards. Here are some pool options:

On Waves Blockchain:

• PuzzleSwap: https://puzzleswap.org/

• Axly Market: https://app.axly.io/

• SwopFi: https://swop.fi/pools

• WX: https://wx.network/liquiditypools/pools

On Units Network:

• UniLend: https://unilend.io/dashboard/arrow-up-right (Lending Platform)

• SwopFi: https://units.swop.fi/

If you want to keep receiving Unit0 rewards and other benefits, just keep staking with WavesFunnyNode. It’s easy - follow these 3 simple steps: https://wavesfunnynode.com/#HLS

Last updated 10 months ago