# How to Stake USDe

*The information contained in the following video or on this website is not directed at persons with their habitual residence or registered office in the European Union or the European Economic Area.*

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Users in permitted jurisdictions can [**stake** & **unstake**](https://app.ethena.fi/) *USDe*/*sUSDe* with Ethena via the UI.

Using the UI, the **staking & unstaking** *USDe*/*sUSDe* user workflow is:

1. The user requests to **stake/unstake** *USDe*/*sUSDe* via our dApp interface by clicking "Stake"/"Unstake", which pops up their selected wallet to sign the requested transaction.
2. After the user signs the transaction with their wallet, the transaction is submit to the blockchain.
3. Upon successful confirmation of the transaction, the user receives *sUSDe*/*USDe* as their *USDe*/*sUSDe* is atomically swapped.&#x20;

#### Important to Note

* Users do NOT need to do anything but hold *sUSDe* to receive rewards. &#x20;
* Rewards aren’t earned directly by *sUSDe* holders; rather, it accumulates within the staking contract, which results in the "value" of *sUSDe* rising over time. Users are able to unstake their s*USDe* at any time, at which point they receive an amount *USDe* reflecting the staked amount plus any increase in value of *sUSDe* from the time the user staked until unstaking.
* The amount of *sUSDe* a user will receive when staking *USDe* will depend on the current value of *sUSDe.* At launch the value will be 1 *sUSDe* = 1 *USDe*, but *sUSDe* is expected to slowly increase in value as protocol level rewards are transferred into the Staking smart contract.
  * This is because we have implemented *sUSDe* using a token vault mechanism to provide protocol level rewards to permitted users. This mechanic is similar to [Rocketpool's rETH](https://docs.rocketpool.net/guides/staking/overview.html#the-reth-token).
  * Therefore, while a staker might receive less *sUSDe* than *USDe* staked, the value of the *sUSDe* will always be equal to or greater than the *USDe* you staked.
* There is a cooldown period of 7 days after unstaking *sUSDe, USDe* will be available to withdraw after  that period.

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Users can only receive a positive or zero rewards holding *sUSDe*. The value of *sUSDe* will NOT decline, even in periods where the protocol is earning negative income, as the protocol does not and cannot remove assets from the staking contract. Such periods are expected to be covered by the Reserve Fund, to be discussed later.
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