# Basic guide to Anchor/Pylon staking

**Published by:** [virginia](https://paragraph.com/@virginia/)
**Published on:** 2021-12-02
**URL:** https://paragraph.com/@virginia/basic-guide-to-anchor-pylon-staking

## Content

Often I see questions about how to use Anchor/Pylon. Here a quick and effective guide. It doesn't give a complete overview of what you can do, but just one possible option you have to start getting to know how to use Anchor and Pylon:UST staking on Anchor: – buy or swap UST – go to the EARN section of Anchor and put UST in stake, getting 19.4% APY*Anchor governance stake – buy/swap/get airdropped ANC – go to the GOVERN section of Anchor and use "Gov Stake" to stake the ANC you bought and get 7.88% APR*Pylon staking – buy/swap/get airdropped MINE – stake MINE and get 7.8% APY*Alternatively to staking in point 2), you can provide liquidity (risk of impermanent loss):Anchor governance LP stake – select ANC-UST LP – provide ANC and UST and get LP tokens – stake LP tokens in the "stake" tab, getting 77.67% APR*Alternatively to staking in point 3), you can provide liquidity (risk of impermanent loss):Pylon LP stake – select "provide or withdraw" in the MINE-UST LP box – provide MINE and UST and get LP tokens – stake LP tokens in the "staking" tab, getting 93.02% APR*Instead of using each function separately, there are some way to combine some of it: Anchor borrow + stake: – buy/swap LUNA – go to the BOND tab and bond LUNA to mint bLUNA – go to the BORROW tab and provide bLUNA selecting LTV 45% or less (the higher the riskier of getting liquidated) – by borrowing you get the 45% (or the % you selected) of the value of your bLUNA in UST, added to your wallet – use the UST to stake in Anchor or buy ANC/MINE and stake them In this case you get 29.48% APR* for borrowing UST (yes, you do!), plus the 19.4% APY* you get on the staked UST *Note: all the APR or APY percentages change over time, those mentioned are the APY/APR available at the time of writing.

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