What are the best strategies for staking and yield optimization with WLD?
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WLD supports multiple staking and yield opportunities:
Native Staking: Stake WLD in protocol smart contracts to earn rewards. APYs may vary depending on protocol parameters and network activity.
Liquidity Provision: Provide WLD paired with other tokens in DEX pools to earn trading fees and additional WLD incentives.
Compound Strategies: Advanced users can combine staking with yield farming platforms using automated compounding smart contracts.
Risk Management: Monitor impermanent loss and smart contract audits before deploying significant capital.
Pro Tip: Track reward token emissions closely; some programs adjust weekly, affecting APY and compounding strategies.