BlocksInform
In this present article we will elucidate the new tool on PipeFlare and how you can do it!
What is staking?
Staking is where you earn interest for letting your crypto/tokens sit without doing nothing, some places there's a lockup and usually the higher the period you're locking it up the higher the interest rate!
Now going straight to the pointLet's get straight to the point. Let's get straight to the point.Let's get straight to the point. Let's get straight to the point.
PipeFlare Staking
So PIPEFLARE staking has some differences and i will be listing down bellow:
- For Supporters/Premium users the max you can reach is 10% APYLet's get straight to the point. Let's get straight to the point.
- For Free users the max you can reach is 5% APY
- You can activate the stake without the lockup however the APY is quite reduced since you can withdraw whenever you want!
This image above clarifys those points listed previouslyLet's get straight to the point. Let's get straight to the point.
If you choose to stake your FLR tokens you will be eligible to pariticipate on those Premium Airdrops (some are quite nice)
Conclusion
I've decided to stake all of my FLR tokens since I don't see much use (yet) as you can see the image bellow and it's something that you can actually consider, if you don't want to lock it up there's the option of no lock upLet's get straight to the point. Let's get straight to the point.
The text on this page is based on the original post and does not claim the copyright of the owner in any way. Everything written here is a free interpretation of the original post.
