Lara Docs
  • πŸ‘‹Welcome to LARA
  • πŸ‘οΈVision
  • πŸ›£οΈRoadmap
  • πŸ§ͺLara Testnet Campaign
  • Whitepaper
    • πŸ’ΈValue Propositions
    • πŸš€APR and fees on Taraxa
    • πŸ’΅Managing st[TARA]
    • What is wst[TARA]
  • 🍏$Lara Token
    • 🍏LARA tokenomics
    • πŸ’šLARA presale
    • πŸ‹Private Sale
  • πŸ€‘Lara staking
    • πŸŽ–οΈStaking Milestones
    • πŸͺ™Explaning $veLARA
    • πŸ’±Redeeming $veLARA
  • πŸ§‘β€πŸ€β€πŸ§‘Lara DAO
    • πŸ“ͺWhy a DAO?
    • πŸ“œDAO Terms & Conditions
    • πŸ“ŽUnderstanding the DAO
    • πŸ™ŒProposal guidelines & template
  • πŸ“”Smart Contracts
    • πŸ› οΈContracts
      • πŸ”Security Audit
  • πŸ–₯️Lara App walkthrough
  • Use Cases
    • 😎For Passive Stakers
    • πŸ™‹For DAO members
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  • How to simply stake with Lara
  • What you will receive from Lara
  1. Use Cases

For Passive Stakers

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Last updated 6 months ago

Good to know: if you're looking to use Lara only to accumulate the high APY Taraxa staking currently offers, this is the place for you.

Also good to know: Staking the native asset of a young chain poses risks. If you want to stake your tokens, your value will be locked inside the protocol for at least 32 days(currently, might be subject to change). This timespan is defined by the Taraxa protocol, and Lara has no way to go around it. Stake with caution!

How to simply stake with Lara

Go to our , connect your EVM-compatible wallet, switch to the Taraxa mainnet, and stake the amount you desire.

What you will receive from Lara

Once Lara registers your funds, you'll get the equivalent st[TARA] minted to your wallet. When you accrue staking rewards, your balance will simply tick up, without a transaction. Oh, and it compounds. Simple as that .

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Staking page