DeFi
Sep 4, 2023
How to Liquid Stake Tokens Using Leap Wallet: The Best Crypto Wallet for Staking in 2025
Learn how to liquid stake tokens on Liquid Finance using Leap Wallet, the ultimate multi-chain staking wallet. This step-by-step guide shows you how to maximize your crypto assets with the best wallet for staking crypto.
Looking for the best crypto wallet for staking? Leap Wallet offers a seamless liquid staking experience that helps you maximize your crypto assets while maintaining liquidity. This comprehensive guide walks you through the process of liquid staking tokens on Liquid Finance using Leap Wallet.
What is Leap Wallet?
Leap Wallet is a powerful multi-chain wallet that supports over 200+ chains natively, with permissionless access to many more. Available as both a browser extension and mobile app (iOS and Android), Leap Wallet allows you to securely manage your assets across multiple blockchains, including Archway.
With Leap Wallet, you can:
Transfer and exchange assets between wallets
Earn staking rewards
Participate in governance
Transfer assets over IBC
Manage NFTs
Connect with dApps and NFT projects
Understanding Liquid Staking
Liquid staking allows you to stake your tokens while maintaining liquidity. Unlike traditional staking where your assets are locked, liquid staking provides you with derivative tokens that represent your staked assets. These tokens can be used in other DeFi applications while your original assets continue earning staking rewards.
How to Liquid Stake Tokens on Liquid Finance Using Leap Wallet Mobile App
Here's a detailed step-by-step guide to liquid stake your tokens using the Leap Wallet mobile app:
Open the Leap Wallet mobile app on your device
Switch to Archway chain from the network selector
Click on the "Browser" button located on the bottom navigation bar
Search "Liquid Finance" in the search bar
Click on "Connect Wallet" and select Leap Wallet from the list
Approve the connection request by clicking on "Connect" button
Enter the amount of $ARCH you want to liquid stake
Click on "Stake" button and approve the transaction
That's it! Your $ARCH is now liquid staked, and you'll receive $sARCH tokens that will appear on the Home tab of your Leap Wallet.
How to Liquid Stake Tokens on Liquid Finance Using Leap Wallet Browser Extension
If you prefer using the browser extension, follow these steps:
Open the Leap Wallet browser extension
Navigate to the Liquid Finance website
Click on the Stake tab in the center of screen
Enter the amount of ARCH you want to liquid stake
Click on "Stake" button and confirm the transaction
To see sARCH in your wallet, click on the option to add the token
Confirm the addition when prompted
Go to the "Home tab" to check for "sARCH" token in your wallet
Benefits of Using Leap Wallet for Staking
Leap Wallet stands out as one of the best wallets for staking crypto due to its:
User-Friendly Interface: Intuitive design makes staking accessible to beginners
Multi-Chain Support: Native support for 200+ chains
Security Features: Advanced security protocols to protect your assets
Integrated DApp Browser: Seamless connection to staking platforms
Portfolio Management: Track your staked assets and rewards in one place
About Liquid Finance
Liquid Finance is a non-custodial liquid staking protocol focused on unlocking liquidity within the Archway ecosystem. By participating in Liquid Finance, users can balance between securing the Archway blockchain through staking and participating in applications within the broader ecosystem, such as decentralized finance (DeFi).
Explore More with Leap Wallet
Leap Wallet offers more than just staking capabilities. You can explore the entire Archway ecosystem and other supported chains directly from your wallet. Check out these additional guides:
Stay Connected with Leap Wallet
Follow Leap Wallet on X to stay updated with the latest developments.
Download Leap for Mobile or Leap Chrome extension.
Access Leap Dashboard to manage your assets across multiple chains.
FAQs
What is liquid staking?
Liquid staking allows you to stake your tokens while receiving derivative tokens that represent your staked assets. These derivative tokens can be used in other DeFi applications while your original assets continue earning staking rewards.
Is Leap Wallet secure for staking?
Yes, Leap Wallet implements robust security measures to protect your assets. Your private keys remain on your device, giving you full control over your funds.
Which cryptocurrencies can I stake with Leap Wallet?
Leap Wallet supports staking for numerous cryptocurrencies across 200+ chains, including Cosmos ecosystem tokens like ATOM, OSMO, JUNO, and ARCH.
Are there fees for staking with Leap Wallet?
Leap Wallet itself doesn't charge fees for staking. However, blockchain networks may have validator commission fees and transaction fees that apply when staking.
How do I unstake my tokens?
To unstake your tokens, navigate to the Liquid Finance dApp through Leap Wallet, connect your wallet, and select the unstake option. Follow the prompts to complete the unstaking process.
Can I stake on multiple chains simultaneously?
Yes, Leap Wallet supports multi-chain staking, allowing you to stake different tokens across various blockchain networks simultaneously.
Leap Wallet provides a comprehensive solution for anyone looking for the best wallet for staking crypto, with its intuitive interface and robust security features making it the ideal staking wallet for both beginners and experienced users.
