Introduction
LCDOT is Acala’s innovation for crowdloan participants, enabling users to earn rewards even before DOT unlocks. This guide explores the Euphrates DApp and how it simplifies staking and liquidity management for Liquid Staking Tokens (LSTs).
What is LCDOT?
LCDOT (Liquid Crowdloan DOT) represents locked DOT from Acala’s crowdloan. After Oct 24, 2023, it’s convertible 1:1 to DOT. Until then, LCDOT is tradeable on AcalaSwap and ideal for staking.
Single-Side Staking on Euphrates DApp
Staking LCDOT via Euphrates unlocks rewards in ACA and partner tokens. Post-Oct 24, your LCDOT auto-converts to DOT and continues earning rewards through Liquid Staking Tokens (LSTs) like LDOT or tDOT.
Setting Up a Unified Account
A Unified Account connects Ethereum (e.g., MetaMask) and Substrate (e.g., Polkadot{js}) wallets. This integration simplifies transactions across Acala’s ecosystem.
🛠 Steps to Create a Unified Account:
1️⃣ Visit the Euphrates DApp.
2️⃣ Connect Ethereum & Substrate wallets.
3️⃣ Bind them with a small gas fee (~$0.0001).
How to Stake LCDOT on Euphrates
1️⃣ Swap ACA/DOT for LCDOT via AcalaSwap.
2️⃣ Connect your Unified Account on Euphrates.
3️⃣ Choose an LST pool (LDOT or tDOT).
4️⃣ Stake LCDOT & start earning!
Claiming Rewards & Loyalty Bonus
After the DOT unlock period, rewards can be claimed directly. The Loyalty Bonus incentivizes long-term staking, rewarding committed users with additional tokens.
Why Euphrates DApp?
Effortless staking for LCDOT holders.
Rewards both pre- and post-DOT unlock.
Unified Account simplifies multi-chain transactions.
Get Started Today
🌐 Stake LCDOT Now
📖 Explore Euphrates Documentation.
💬 Join our Discord to connect with the community.
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