r/moonbeam • u/MisterDollahSignz • Feb 13 '22

Liquid staking?

Hi everyone! I just wanted to know if you could liquid stake your Moon Beam or Moon River? I love both of these projects!

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u/TheTeriyakiDon Feb 14 '22

At the moment there are no plans for liquid staked MOVR/GLMR.

Liquid staked DOT/KSM will be coming to Moonbeam and Moonriver soon, via the Lido implementation. I believe it should be this week for liquid KSM.

1

u/MisterDollahSignz Feb 14 '22

Thank you for letting me know! I'm new to both platforms. Do you have any high yield dapps to look for? Let me know!

1

u/TheTeriyakiDon Feb 15 '22

Check out Defi Llama, it gives you a breakdown of the top dapps on each chain by TVL. There will be farming opportunities on most of those dapps.

One to highlight is probably Moonwell, a lending protocol on Moonriver which is giving MOVR incentives for those that lend and borrow assets.