A comparison of the possibilities to earn more assets on the Wanchain ecosystem.
Staking
These are the options when you want to stake tokens. Staking is the safest way to earn rewards.
Staking on a Validator node
Asset: Wan
Current APY: around 8%
Risk of loss: no
Withdrawal: it will take 3 epochs (roughly 3 days) for funds to become available after withdrawing
Staking/delegating on Storeman Node
Asset: Wan
Current APY: around 13%
Risk of loss: no
Withdrawal: funds will be locked for the complete cycle of the Storeman group (1 cycle lasts .. days). Need to withdraw before 29th each month or you will need to another cycle.
Staking in Hive on WanSwap
Asset: WASP
Current APY: Share of 1000 wan each week, exact amount depends on your share in the stake.
Risk of loss: no
Withdrawal: instant
Providing liquidity
These are the options for providing liquidity. Higher risk in some cases.
Providing liquidity on WanSwap farming pairs
Asset: list of pairs viewable here
Current APY: depends on pair and share in the pool. Liquidity providers also receive 0.25% of each trade done on the pair
Risk of loss: there is a risk of impermanent loss, more info can be found here
Withdrawal: instant
Providing liquidity on FinNexus mining pairs
Asset: FNX/WAN/wanUSDT
Current APY: between 0 and 318%, depends on several factors. More info here
Risk of loss: risk of Impermanent loss more info can be found here
Withdrawal: depends on the selected lock period
Compounding
These are the options when you want to lend out your assets on WanLend, Wanchain’s compounding DApp.