STADA Token Staking Launch!

Following the successful listing on Pancakeswap, Sundaeswap and Astroswap on July 13th, we are glad to announce that it’s time to launch staking for STADA holders! Earn juicy rewards simply by depositing your STADA in one of the staking pools:
12 months lockup period — 135% APR
9 months lockup period — 95% APR
6 months lockup period — 75% APR

What is staking?

Staking is a process where you earn rewards for holding your crypto coins for a certain period in a crypto wallet.

Staking is similar to fixing your money in a high-yield fixed deposit account in a traditional bank. When you do this, the bank lends out your money to others. They then offer you a tiny portion of the interest earned. However, you will be unable to move your money during that period.

Similarly, when you stake your tokens or coins, they are locked for some time. During this period, you will be unable to sell or move them. But you’ll earn much higher returns compared to the bank interest.

Terminology explained

Staked

This is your staked balance. If you haven’t staked any STADA tokens, you will see (-).

Pending rewards

These are your pending STADA rewards that will become available to claim after the locked staking period.

APR

This is how much your staked balance will increase within a year of staking.

Total Staked

This is the total balance of tokens you’ve staked in the pool.

Stake Period

This is the number of days you will have to lock your tokens. Keep in mind that you won’t be able to withdraw your tokens during this locked staking period. Tokens + pending rewards will become available after the locked staking period.

Start staking now!

Start staking now by visiting https://staking.alfprotocol.com/ to earn incredible rewards.

About StakeADA

StakeADA is a staking protocol that enables users to earn rewards by delegating their tokens to a stake pool. The protocol is designed to be scalable and decentralized while providing an incentive for users to participate in the network. StakeADA is built on the Cardano blockchain and is compatible with any native Cardano token.

For more information on StakeADA, please visit our website. You can also follow us on Twitter, Telegram, or Medium.

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StakeADA

StakeADA

StakeADA: A Decentralized and Scalable Staking Protocol