<h2>Ditto Finance overview</h2><p dir="ltr"><strong>Ditto Finance</strong> is a liquid staking protocol built on the <a href="https://www.builder.news/project-review/aptos-crypto" alt="Aptos crypto - What to expect from the layer-1 blockchain utilizing Diem" title="Aptos crypto - What to expect from the layer-1 blockchain utilizing Diem" target="_blank" rel="" class="">Aptos ecosystem</a>. Ditto allows any user to stake their $APT so that they can contribute to the project with decentralized, administrative rights while simultaneously earning profits and maintaining liquidity for the protocol.</p><p dir="ltr">Specifically, users can stake $APT to receive $stAPT. $stAPT is minted when users stake $APT on Ditto. This is a profitable token as well as a token representing user ownership of Aptos staked on Ditto. The value of stAPT will be appreciated more than that of APT, stAPT possesses the same functions as $APT and can be used for most operations in the DeFi space on the Aptos ecosystem, namely:</p><ul><li><p dir="ltr">Use between DEXs on the Aptos ecosystem</p></li><li><p dir="ltr">Use of lending protocols on the Aptos ecosystem</p></li><li><p dir="ltr">Use to exchange stablecoins on the Aptos ecosystem</p></li><li><p dir="ltr">Use on NFT Marketplaces and buy NFT on the Aptos ecosystem</p></li></ul><h2>What is Ditto Liquid Staking?</h2><p dir="ltr">On October 21, Ditto allowed users to start staking $APT to mint $stAPT.</p><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed568602ac7d3fa8e6023f659fee92.jpg" alt="Ditto Finance" title="Ditto Finance" width="600" height="275" class="lykafe0"></p><p dir="ltr">The current APY level is 7%. For users who intend to hold $Aptos, then Ditto is the address that users need to go to for the purpose of storing value.</p><p dir="ltr">$stAPT is introduced to be widely used on DEXs, lending protocols, NFT marketplace,... in the Aptos ecosystem. If $stAPT's app can do the same as $stETH, wouldn't Ditto be a project with great potential?</p><p dir="ltr">It can be seen that the current model of Ditto is very similar to Lido on Ethereum. The full cap of $LDO is currently about $1.5 billion. Meanwhile, Ditto is also planning to launch $DTO. We will wait for the applications of $stAPT on the ability to combine with Dapps on the Aptos ecosystem to evaluate the capacity of this Liquid staking platform. If the applicability of $stAPT is high plus the need for staking $APT in the future is large, we can fully expect $DTO.</p><h2>How to stake APT on Aptos</h2><h3>Step 1: Access Ditto Finance</h3><p dir="ltr">Go to <a href="https://stake.dittofinance.io/" alt="Ditto Finance" title="Ditto Finance" target="_blank" rel="nofollow" class="">https://stake.dittofinance.io/</a></p><h3>Step 2: Connect your wallet</h3><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed568602ac843aa8e6023f659fee92.jpg" alt="Ditto Finance" title="Ditto Finance" width="409" height="399" class="lykafe1"></p><p dir="ltr">Currently, Ditto is supporting Blocto, Pontem, Fewcha, Martian and Petra wallets.</p><h3>Step 3: Stake</h3><ul><li><p dir="ltr">Select the amount of $APT you want to stake.</p></li></ul><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed568602ac88a0a8e6023f659fee92.jpg" alt="Ditto Finance" title="Ditto Finance" width="325" height="422" class="lykafe2"></p><ul><li><p dir="ltr">Click “stake” then select confirm on your wallet interface.</p></li><li><p dir="ltr">That's it! You will receive the number of stAPT corresponding to the number of APT staked in your wallet.</p></li></ul><p dir="ltr"><em>Note: In case you want to unstake, you just need to select unstake and select unstake.</em></p><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed568602ac8da3a8e6023f659fee92.jpg" alt="Ditto Finance" title="Ditto Finance" width="321" height="414" class="lykafe3"></p><blockquote class=""><p dir="ltr"><em><strong>Author's notes:</strong> The project's $DTO governance token was announced to be deployed in late October. Users can try their luck by being the first to stake $APT, if lucky will most likely receive an airdrop of $DTO from Ditto. Although the number of Ditto's Twitter followers is not too much, early access to the project also means that users will have more profitable opportunities. Last words, always pay attention to closely follow the news about the project to always equip yourself with the best and most complete knowledge.</em></p></blockquote><div class="pr-block-special"><strong>Disclaimer:</strong><br>This article is intended for and only to be used for reference purposes only. No such information provided constitutes advice or a recommendation that any investment or trading strategy is suitable for any specific name.</div>

Ditto, a liquid staking protocol built on the Aptos ecosystem similar to Lido on Ethereum has officially let users stake $APT to receive $stAPT with the current APY rate of 7%. Will Ditto be able to do the same thing as Lido did in Ethereum on Aptos?

How to join Liquid Staking program on Ditto Finance