This guide will walk you through the process of staking on the LCRD protocol built on the Lisk network. We’ll cover:

  1. Setting up a wallet
  2. Bridging tokens (if required)
  3. Staking tokens
  4. Withdrawing, Rewards & Growing

1. Setting Up a Wallet

You’ll need a Web3 wallet like Rabby to interact with the protocol.

Steps:

  1. Install Rabby Wallet (Browser extension or mobile).
  2. Create a new wallet or import an existing one.
  3. Go to LCRD.fi and connect your wallet to add the Lisk Network to your wallet

2. Bridging Tokens

The LCRD.fi staking protocol is built on the Lisk network, an L2 chain focused on real-world acceleration; you need to bridge your existing ETH to LiskETH and USDT to LiskUSDT. You need LiskETH for Gas and LiskUSDT for Staking.

Steps to bridge Tokens (Using Jumper ):

  1. Go to the Jumper bridge.
  2. Select the source chain and the destination chain (Lisk) and token (ETH or USDT).
  3. Enter the amount (ETH or USDT) to bridge and confirm the transaction.
  4. Wait for the tokens to arrive on the destination chain.