We introduced $RIDE Metastaking as a powerful program for our HODLriders.  But how does it actually work? 

With Metastaking, you'll be able to earn additional $RIDE tokens through two different mechanisms:

• stake $RIDE to earn more
• stake EGLD-RIDE-LP farm tokens to earn $RIDE rewards

In case you are an EGLD-RIDE liquidity provider who is already farming MEX/LKMEX rewards in the regular farms, you are now able to further stake farm tokens into the $RIDE Metastake. This allows you to earn additional $RIDE rewards on top of your existing rewards.

With this said, an EGLD/RIDE liquidity provider will thus earn three different types of rewards at the same time:  

• LP fees from the liquidity pool  
• MEX/LKMEX rewards from the regular farm
• $RIDE rewards from the RIDE Metastake

Olag ⚡

@olag

Founder of MultiversX Wiki

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