Crabada Staking Periods and Interest Rates
Let’s take a look at what the $CRA staking program has to offer:
- 30-Day Term (5.5% APY)
- 60-Day Term (6.1% APY)
- 90-Day Term (6.8% APY)
Staking Program Details
- Staking on Swimmer Network: Players who want to join the Crabada Staking program will need to bridge their assets from Avalanche C-Chain to Swimmer Network.
- Unstaking from the Legacy Staking Contract: You may now unstake your $CRA without having to worry about the 21-day lockup period.
- Staking Plans are Mutually Inclusive: It’s possible to stake $CRA simultaneously on several plans or multiple times to each plan.
- Staking Plans will Accumulate: Staking $CRA a number of times throughout a single term will make the amount accumulate. Therefore, the staking period’s end date will stay just as it was when the plan began.
- Rewards will Accumulate: After the staking period has been completed, the reward amount can be claimed immediately. The reward amount will be based on how long the $CRA was staked.
- Receiving your Staked $CRA and Plan Rewards: At the end of the plan, your $CRA will be unstaked after you claim the rewards. Also, you may start a new plan if you wish to stake your $CRA for another term.
Step-by-Step Guide to $CRA Staking
- Connect your wallet
- Click ‘Stake’
- Approve $CRA on your wallet
- Select preferred term duration
- Input $CRA amount needed to staked
- Click ‘Stake’ to confirm
- View staking details (amount, end date, reward)
- Repeat the process if you want to stake some more $CRA
- Claim your staking rewards upon completion of staking period
Before You Go…
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