For long term crypto holders, staking is a major way of having their digital assets work for them, rather than having empty wallets. However unlike Bondex, not all cryptocurrencies allow for awesome staking features.
You are probably new to the word staking and you are wondering what in the world that means and why it should even bother you, let’s keep reading.
I guess you are familiar with fixed deposits, where a certain amount of your Fiat Currency is locked up in a bank and you get to be paid certain incentives for doing so…it’s more like a way of getting tips for having the bank use your locked up funds to generate more income.
Just the same way, although slightly different, staking cryptocurrencies simply means committing or locking up your digital assets in other to support a blockchain network. It’s a good way to earn passive income especially with a project like Bondex with cool staking features.
Bondex Staking Features:
Via a staking pool which is very similar to an interest-bearing savings account, you stand a chance to earn rewards for holding the BNDX tokens.
The staked crypto would be deployed by Bondex in various yield generating environments across the Defi ecosystem. With initial staking rewards starting at 25% APY and decreasing logarithmically as more users utilize the platform.
Initially, staking feature will be available on the Bondex wallet and eventually rolled out on all major wallets.
Visit bondex.app for more details and access to the white paper.
How can I use that?
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Sorry that didnt find you before
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what is result of this?
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