First step: Join Fogo’s Season 2 Airdrop here. Second step: Read on.

Staking doesn’t have to mean locking your tokens. Brasa lets you earn yield while keeping your FOGO usable.

What is Liquid Staking?

Normally when you stake tokens, they get locked up. With liquid staking, that doesn't happen. You earn staking rewards while still being able to use your tokens in DeFi applications. That's what makes Brasa Finance so useful.

Getting Started

1. Go to brasa.finance. You can also find this link in your Nightly wallet.

2. Click Sign In and choose your wallet.

3. Set your session duration (check out our post on sessions for more on this) and approve the connection.

How to Stake

Once connected, you'll see your FOGO balance. To stake:

1. Enter the amount of FOGO you want to change to stFOGO (This is staked FOGO)

2. Click Stake

3. You'll receive stFOGO (staked FOGO) in return

That's it. You're now earning staking rewards.

How to Unstake

When you want to convert back to regular FOGO:

1. Click the Unstake tab

2. Enter the amount of stFOGO to unstake (or click Max)

3. Click Unstake

4. FOGO is returned to your wallet

Understanding stFOGO Value

You might notice that 1 stFOGO is worth more than 1 FOGO (for example, 1 stFOGO = 1.3 FOGO). This is how liquid staking tokens (LSDs) work.

Your stFOGO is still staked to a validator (like the Fogi's Hub validator), generating APY. Instead of distributing rewards separately, the value of stFOGO grows over time. In a month or two, 1 stFOGO might be worth 1.4 or 1.5 FOGO.

This is exactly why staking is valuable: your tokens grow in value while you hold them.

A Note on APY

At the time of writting this, the APY is very high. Keep in mind that as more people stake (TVL increases), the APY typically decreases. Early stakers often benefit from higher initial rates.

There's also an Earn section coming soon, which may offer additional opportunities.

Important Reminder

Liquid staking keeps your tokens flexible and earns you yield, but it's still DeFi. Start small and understand the risks before committing larger amounts.

Help us on our mission

If this information was useful, you can support us by staking with our validator. Earn yield while helping us produce more content like this for the community.

And… don’t miss Season 2 Airdrop. Sign up here and start earning flames.

Want a visual walkthrough? The video below covers this topic in detail.

Need Help with Fogo?

We've created a library of different tutorials on navigating the Fogo blockchain. Be sure to check out our blog posts for more.

In addition, we have a YouTube playlist showing this tutorial and many others.

Disclaimer: This content is for educational purposes only and is not financial advice. Always do your own research before making any investment decisions.