NerveNetwork Consensus Liquidity Staking

NerveNetwork
3 min readJul 10, 2023

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Stake ETHN-NVT LP on Nerve Consensus to Earn NVT Assets

In the latest NerveNetwork mainnet update, the Nerve team added NVT-ETHN LP on its supported consensus staking list, meaning that the community can now stake ETHN-NVT LP assets to earn NVT! By staking, users can earn an APR of 36.03%.

Let’s find out how to stake ETHN-NVT LP on Nerve mainnet now!

1. Deposit ETH to NerveNetwork using SwapBox.

You can deposit ETH from supported networks to NervNetwork, which includes : Ethereum, BNB Chain, Arbitrum, Optimism, zkSync, OKTC.

  • Connect your wallet to SwapBox
  • Select “Liquidity”
  • Select “Deposit / Withdraw” ETH
  • Deposit ETH to NerveNetwork from supported networks
  • Confirm the transaction. Your ETH assets should arrive in your Nerve address within a few minutes, depending on the network traffics

2. Get ETHN-NVT LP on NerveSwap

You can easily obtain ETHN-NVT LP token on NerveSwap : https://nerve.network/liquidity

  • “Add Liquidity”
  • Select “ETHN” and “NVT” as your liquidity pair.

Your pooled “ETHN” and “NVT” assets has the same value. At this page, you can also see the percentage of your LP tokens in this liquidity pool of ETHN-NVT LP.

  • Confirm transaction

3. Stake ETHN-NVT LP on Nerve Consensus

Visit Nerve consensus staking. You can see a list of supported LP assets and each staking option’s APR on the consensus page. By staking ETHN-NVT, you earn an APR of 36.03%.

  • Click “Stake For Reward”
  • Choose NVT-ETHN LP, click “Confirm”
  • Select staking duration.
  • Confirm transactiuon.

4. Check your staking status

  • Once you have successfully completed the steps above, you staking information will be shown on the consensus page where you can see the “NVT” rewards generated by staking. You can either add more or withdraw.

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