A TL;DR on Staking $LQTY in Liquity V2

Liquity V2 enshrines 25% of its revenues towards liquidity initiatives each week. LQTY stakers control where this revenue flow goes . A quick guide ๐Ÿ‘‡

1๏ธโƒฃ Go to https://t.co/al3WZ6XQJs & pick one of the independent frontends. All of them support LQTY staking.

2๏ธโƒฃ Head to the to 'Stake' tab, and click on 'Next'. Follow the 3 steps (initialize, approve, stake), and stake your LQTY.

Rewards from Liquity V1 will start streaming instantly.

3โƒฃ Slide over to the 'Voting' tab. Hit the thumbs up, and direct your weight across the various initiatives. You have to allocate 100% of your voting power across the various initiatives.

Some initiatives sweeten the deal with voter bribes for LQTY stakers (see more on the next tweet). Hit 'Cast' and confirm the transaction when you are done.

4โƒฃ Done! Your chosen allocation automatically carries forward to each weekly epoch until you decide to adjust it.

Remember that the earlier you stake, the more your voting power. Voting Power = LQTY Staked ร— Staking Age.

Some more resources ๐Ÿ‘‡