A How To Guide for Staking $GARD
I have $USDC, what do I do?
For users who have USDCa and want to acquire some $GARD they can visit the GARD/USDC pool on Humble Swap.
Once $GARD is in your Algorand account simply connect to GARD Protocol’s dApp, go to the “Staking” tab and stake your $GARD. Currently there is over 1.2M $GARD being staked earning 20% APR. Many of our users love $GARD staking not just for the juicy APR being offered, but also because of its ‘set and forget’ auto-compounding functionality. Users can rest assured that this high staking APR is being safely paid out for all of Q4 thanks to a grant from the Algorand foundation. While the APR is variable, the GARD team promises to keep the APR boosted all quarter by adding 5k GARD/week to the staking rewards found natively.
I have $ALGOs, what do I do?
For users who have $ALGO and want to acquire $GARD they can do so via visiting several platforms:
Directly: A user may supply $ALGO on the GARD Protocol’s dApp to borrow $GARD directly at a 2% APR fee and then stake the borrowed $GARD natively on the platform to earn a profit.
Humble Swap: Or a user may visit the GARD/ALGO pool on Humble Swap to stake the $GARD they received.
I have $gALGOs, what do I do?
For users who have $gALGO and want to acquire some $GARD they can do so via the GARD Protocol’s dApp. First they must supply their $gALGO under the “borrow” tab and borrow $GARD. Then the user must navigate to the “stake” tab and enter in how much $GARD they’d like to stake. Now the user should be profiting the difference between the staking reward and the 2% APR fee to borrow $GARD.