# Earning Yield & stERN

Now that you’ve opened your first position, it’s time to put your ERN to work in the Stability Pool. Navigate back to the **Ethos Reserve Dashboard** to get started.

<figure><img src="/files/dhfGtytfzhy61u1CE2IH" alt=""><figcaption></figcaption></figure>

From the dashboard, click on **Deposit in Stability Pool**.

<figure><img src="/files/e79NqwD78zUj1vOHgPV0" alt=""><figcaption></figcaption></figure>

From the Stability Pool interface, it’s as easy as typing in the amount to deposit and then clicking on **Join Pool**.

<figure><img src="/files/wi8AL0GDbOXi1NLhQiYr" alt=""><figcaption></figcaption></figure>

Clicking on Join Pool will open up the transaction window. You will be asked by your wallet provider to confirm the transaction.

<figure><img src="/files/80MzLuSQROwuGYyMP1UN" alt=""><figcaption></figcaption></figure>

After the transaction is confirmed, you will see your deposit alongside pending rewards.&#x20;

<figure><img src="/files/LxGRgfrwCZwa6Zpsik5t" alt=""><figcaption></figcaption></figure>

When your rewards are ready to claim, you’ll see a box show up prompting you to claim them!

<figure><img src="/files/btrOY22gGq4QEIsbWJlO" alt=""><figcaption></figcaption></figure>

Congratulations! You’ve just created a yield-bearing decentralized financial position with Ethos Reserve! Learn more about the **mechanics of the Stability Pool** here.

### Staked ERN (stERN)

Staked ERN (stERN) is an **interest-bearing ERC-20** token representing ERN that has been staked in the Stability Pool on Ethos Reserve. It is a receipt token received from staking ERN into the stERN vault on [Reaper](https://www.reaper.farm/).

When you stake ERN directly into the stability pool, you earn yield from the underlying collateral and liquidation income – rewards which must be claimed. The stERN vault on Reaper compounds the yield back into more ERN, producing a composable, interest-bearing version of ERN that grows in value in accordance with the yield earned by the Stability Providers. By holding stERN, users are given access to the benefits of being a Stability Provider all while holding a liquid ERC-20 token that can be used across DeFi.

In summary, stERN is a liquid and composable interest-bearing stablecoin derivative with built-in access to blue-chip yield and exposure to market volatility through liquidation income via Ethos Reserve.

You can acquire stERN in two ways: By staking ERN in the stERN vault on Reaper, or by swapping for it using a decentralized exchange that supports a stERN pool.


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