Staking rSWTH on Terra for SWTH and LUNA Rewards

• Carbon offers a clear strategy for users to stake rSWTH on Terra and earn both SWTH and LUNA as rewards.
• The process involves obtaining $SWTH, staking to get rSWTH, and bridging this rSWTH to Terra to initiate staking.

Exciting News: The core of decentralized financial markets has unveiled a promising strategy for crypto enthusiasts, led by none other than Carbon – SWTH @0xcarbon! For those keen to optimize their rewards, the steps to do so have been rolled out.

Steps to Amplify Your Rewards with Carbon’s Strategy

1. Acquiring $SWTH on Demex Start your journey by getting $SWTH on the renowned @demexchange. The best part? Demex allows you to pay network fees with a token of your choice. Whether it’s SWTH, ETH, USDC, or ATOM, the platform’s Flexible Network Fees settings cater to your preferences.

2. Transform SWTH into rSWTH via StaFiHub Next, venture over to @StaFiHub_ to obtain rSWTH by staking your SWTH. Remember, you’ll need a small stash of $FIS for gas fees on StaFiHub. Not to worry, StaFiHub’s feeStation has got you covered to obtain this.

3. Bridging rSWTH to Terra with TFM To get your rSWTH to Terra, @tfm_com provides the perfect bridge. Note: Ensure you have a little $LUNA as you’ll need it for the gas on Terra. If you’re looking to procure LUNA, TFM offers an accessible platform for the same.

4. Stake and Start Earning on Terra With your rSWTH on Terra, head to Terra’s staking platform. Connect your wallet, stake your rSWTH, and watch your rewards roll in. What’s more enticing? Carbon assures a zero-day unbonding period when you stake rSWTH Alliance assets on Terra. This means no more waiting!

If you find yourself a bit overwhelmed with the staking process on @terra_money, a comprehensive guide by @tfm_com provides insights and clarity. Additionally, the @rebel_defi community highlighted that Alliance staking rewards are now active for both @0xcarbon and @Migaloo_Zone LSTs on the Terra network. This means tokens like $rSWTH, #ampWHALE, and $bWHALE can also be staked on Terra to earn $LUNA rewards. The future of staking is shining bright!

The #realyield narrative for SWTH is getting stronger by the day.

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Right now, you can whale into SWTH by staking rSWTH on @terra_money through the Alliance module ✦

💎 Earn $SWTH staking rewards on Carbon
🌖 Earn $LUNA Alliance rewards on Terra

More info on staking rSWTH ↓ pic.twitter.com/sabQNfMnH8

— Carbon – SWTH 💎 (@0xcarbon) August 26, 2023

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