Dec 13, 2021
Nerian Network: Staking (6%-100% APY)
Written by Nerian Network
We are honoured and proud to announce that Nerian Network has extended its partnership with Bitrue Exchange to make staking possible for the $NERIAN token on its platform. From Tuesday, 14th December, you will be able to earn between 6% and 100% APY on your $NERIAN tokens.
Staking incentives people to hold on to their tokens while they can yield in their wallets. We believe it is an ideal way to give back to the community through rewarding the people being part of the ecosystem.
Earning yield on your tokens has been gaining popularity in the ‘crypto community’ over the last few years. That is why Nerian Network believes it will benefit the overal sustainability of the ecosystem by exploring staking options for the $NERIAN token. With Bitrue having announced the listing of the $NERIAN token just last week and offering staking options through their PowerPiggy initiative; this felt like an obvious decision to make.
Nerian Network has provided 1,049,000 $NERIAN (+- $100k at today’s price) to facilitate this option on Bitrue. There will be 2 options available for staking: flexible and a 30 day lock-up.
- Flexible — 6% APY with 50k $NERIAN daily cap
- 30 day lock-up — 100% APY with 1,5M $NERIAN cap to run 4 times
Bitrue link
Essential Listing Information
Staking: Tuesday, 14th December, 16:00 UTC
Flexible: 6% APY
30 day lock-up: 100% APY
Official links
hello@neriannetwork.com
