> For the complete documentation index, see [llms.txt](https://whitepaper.loadedlions.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.loadedlions.com/usdlion-economy/token-utility/usdlion-staking-vaults-available-at-launch.md).

# $LION Staking Vaults (Available at launch)

These [vaults](https://loadedlions.com/staking/) enable users to stake $LION to earn rewards. There are five locking periods that users can choose from: 3 months, 6 months, 12 months, 36 months, and 60 months. The longer you stake, the higher your APY, and therefore, the greater the rewards.

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Here are the corresponding multipliers in each vault:

| $LION Vault    | Multiplier |
| -------------- | ---------- |
| Iron Vault     | 2X         |
| Silver Vault   | 6X         |
| Gold Vault     | 9X         |
| Platinum Vault | 12X        |
| Cronium Vault  | 30X        |

### Making a Deposit

Step 1: Go to the “Staking” page and select the staking vault you want to make a deposit into.

Step 2: Enter the amount of $LION you want to deposit and click “Next & Review”

Step 3: Review the staking details and click “Confirm & Stake Now”

Step 4: Review the transaction details in your wallet and approve your stake

Step 5: Congratulations! You have successfully staked your LION.

### Upgrading Your Vault

Step 1: Go to the “Earn” page and select the staking vault you want to upgrade

Step 2: Click “Upgrade Vault”

Step 3: Select the batch of deposits you want to upgrade, then click “Next & Select Vault”

Step 4: Select the vault you want to upgrade to, then click “Next & Review”

Step 5: Review the upgrade details, then click “Confirm Upgrade”

Step 6: Review the transaction details in your wallet and approve the upgrade

Step 7: You have successfully upgraded the deposits in your selected staking vault

### Withdrawing LION From Your Vaults

Step 1: Go to the “Earn” page and select the staking vault you want to withdraw from

Step 2: Click on the unlocked deposit that you want to withdraw from. If there are multiple deposits available for withdrawal, select the desired ones and click “Confirm Withdrawal”

Step 3: Review the transaction details on your wallet and approve the withdrawal

Step 4: You have successfully withdrawn LION from the selected staking vault

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