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Step-by-Step Guide to Liquid Stake on PancakeSwap: |
Converting and swapping ETH to WBETH on PancakeSwap is a breeze. Here’s how to do it:
To stake ETH and receive WBETH:
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Head over to PancakeSwap and connect your wallet. Ensure you have ETH in your wallet on either Ethereum or BNB Chain network to convert to WBETH.
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Navigate to the "Earn" tab and select "Liquid Staking”
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Confirm the stake pair chosen is ETH/WBETH and click “proceed”.
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Enter the amount of ETH you want to convert and check the corresponding amount in WBETH. Reminder: The value of the WBETH token will appreciate with respect to ETH due to the staking rewards accrued.
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Click stake to enable WBETH token. Click stake again to confirm the transaction in your wallet, and voila! Your WBETH tokens will be credited to your wallet.
To swap WBETH to ETH:
- Navigate to the "Trade" tab.
- Choose "WBETH" as the input token and "ETH" as the output token.
- Input the amount of WBETH you want to swap and click "Swap".
- Confirm the transaction in your wallet, and your swapped ETH will be added to your wallet balance