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Staking in Bot Planet ecosystem.Staking in Bot Planet ecosystem.

Feb 27, 2022 1 min read

We often go over the features of our DEX. Today we would like to talk more about the Staking option. We will go over the percentages and much more, so let’s dive right in.

Staking – involves storing tokens on the Proof of Stake (PoS) algorithm and support, thus, the health of the blockchain. For this, users receive a percentage of transaction fees. The essence of stacking is that it makes it possible to receive new blocks using less power, and provides network operations, i.e. in fact, in support of the network. For this, the user who placed the tokens will receive a reward.

Percentages:

⁃ 5% in BOT (Lock for a month)

⁃ 20% in BOT (Lock for 3 months)

⁃ 50% in BOT (Lock for 6 months)

⁃ 120% in BOT (Lock for a year)

More things coming soon

BOT: $0.00599
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