Liquid staking allows you to stake your cryptocurrency assets while retaining access to them for other DeFi activities. This is achieved through the issuance of a tokenized derivative representing your staked assets plus any accruing rewards.
How to Stake with Velix on METIS
Stake METIS: Stake your Metis to receive veMetis, which earns yields from the sequencer.
Participate in DeFi: Use veMetis across the Metis DeFi ecosystem for activities such as lending and borrowing.
Redeem veMETIS: Redeem your veMETIS with and wait for maturity period to complete the redemption.