What are the benefits to staking?
Staking has many definitions within the DeFi and Web3 space. In terms of the $EMBR token, staking is agreeing to lock up your tokens in our audited vault for a predetermined amount of time in return for rewards earned in the form of APY (in $EMBR tokens).
Staking is a win-win for both the Embr project and for holders. As an $EMBR holder, you can gain additional tokens just for holding and staking. If you lock up your tokens for a year, you will gain a 47.1% return, in tokens, on top of the tokens you staked originally.
Staking schedules range from one week to a full year with rewards (in APY) proportional to the amount of time you are willing to stake your tokens. Then longer you're willing to stake, the more tokens you will get back in rewards.
The current APYs have been carefully strategized and worked out to ensure longevity of the program, while providing competitive incentive to holders to hold their tokens.
Staking is a win-win for both the Embr project and for holders. As an $EMBR holder, you can gain additional tokens just for holding and staking. If you lock up your tokens for a year, you will gain a 47.1% return, in tokens, on top of the tokens you staked originally.
Staking schedules range from one week to a full year with rewards (in APY) proportional to the amount of time you are willing to stake your tokens. Then longer you're willing to stake, the more tokens you will get back in rewards.
The current APYs have been carefully strategized and worked out to ensure longevity of the program, while providing competitive incentive to holders to hold their tokens.
Updated on: 14/02/2024
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