Can I earn interest by staking aUSD in Acala's liquidity pool?

1 answers

• May 06, 2022 · 3 years ago
  Yes, staking aUSD in Acala's liquidity pool allows you to earn interest on your investment. When you stake aUSD, you are essentially providing liquidity to the platform, which helps to facilitate transactions and maintain stability. In return for your contribution, you receive staking rewards, which are typically paid out in aUSD tokens. The amount of interest you can earn will vary depending on factors such as the amount of aUSD you stake and the overall demand for liquidity. It's important to note that staking involves risks, so it's advisable to carefully consider your investment goals and risk tolerance before participating in the staking process.
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