Staking and APR
Last updated
Last updated
Staking is a fundamental feature of the MNICorp ecosystem that empowers participants to actively engage in the growth and sustainability of the platform. In this section, we will explore the concept of staking the NFE token, the benefits it offers, the Annual Percentage Rate (APR) pegged to dollar revenues, and the various participation options and rewards available for stakers.
Staking the NFE token is an optional process that allows participants to convert MNI tokens to NFEs within the ecosystem. By staking their NFE, participants contribute to the overall liquidity and stability of the platform while also gaining the opportunity to earn additional rewards. Staking provides a way for participants to actively participate in the MNICorp ecosystem beyond the mere holding or speculating of MNI token's value.
One of the key benefits of staking is the potential to earn an Annual Percentage Rate (APR) pegged to dollar revenues. The APR is a variable rate that rewards stakers based on the dollar revenues generated within the ecosystem. By staking their NFE tokens, participants become eligible to receive a portion of the revenues, which are distributed quarterly up to yearly depending on the period chosen by the participant. This incentivizes participants to stake their NFEs, as it offers a way to generate additional returns on their investments.
Staking provides participants with different options to participate in the ecosystem and earn rewards. Participants can choose to stake their NFE tokens for a specific duration, such as a predetermined lock-up period as offered. The flexibility of staking options provides participants with the freedom to align their staking strategy with their individual investment preferences.
The rewards for staking are distributed in the form of MnI tokens, the native utility token of the MNICorp ecosystem. These rewards are distributed quarterly and are based on the overall value of the real-dollar returns generated within the ecosystem. By staking their NFE tokens, participants actively contribute to the growth and success of the ecosystem and are rewarded accordingly.
Staking NFE tokens not only provides participants with the potential for additional financial rewards but also strengthens their engagement and commitment to the MNICorp community. It aligns the interests of participants with the long-term sustainability and success of the ecosystem, fostering a sense of responsibility and active participation.