How do I stake my AAVE token?

To stake you can head over to the Aave app's Staking section. Over the staking section select 'stake', input the amount to stake and click on 'stake'. Then proceed to send 2 transactions to stake your AAVE: 1. Approve: This is a required transaction prior to the staking that allows the staking contract to move your AAVE tokens.

What is AAVE staking?

Staking consists of depositing your AAVE tokens within the protocol Safety Module. The purpose of staking is to act as a mitigation tool in case of a shortfall event. As an incentive for this, Safety Module stakers will receive Safety Incentives. What is the risk of staking?

How much can a user earn from staking AAVE?

Users can stake AAVE in just a couple of clicks. How much a user can earn from staking AAVE in the Aave platform will depend on a number of factors. These include: how many tokens a user stakes, the length of the staking period and the cumulative total of tokens held in the 'Safety Module'.

How does AAVE work?

Users can deposit Ethereum-based (ERC-20) tokens into Aave's liquidity pools, which can then be lent to borrowers in exchange for rewards. Lenders and borrowers can choose from a fixed or variable annual percentage yield (APY). The native token of the Aave platform is AAVE.