Jax.Network Blog
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Jax.Network Blog

Join our staking program with up to 36% APR!

by Maryna Trifonova, Head of Content at Jax.Network

We have launched the USDT/BUSD staking program with up to 36% APR on the first $500,000 deposited. The program is audited and KYC verified by CertiK and fully collateralized by WJXN. Feel free to earn the highest APR and don’t hesitate to share this lucrative offer with your friends!

Building an energy-standard monetary system isn’t a fast or cheap task. Thus, we decided to make the community an offer which is “too good to be true”. However, it is real. Furthermore, everything is 100% secure and fully collateralized by WJXN.

Our staking program offers the best APR on USDT and BUSD staking in the cryptocurrency market. Depending on the staking plan, people can get up to 36% APR on any amount deposited. The staking options include:

  • Unlocked USDT or BUSD staking. We offer 20% APR for early comers. You can withdraw your principal amount and yield at any point of time.
  • Locked USDT or BUSD staking — up to 36% APR (on the first $500,000). We offer flexible staking plans ranging from 3 months to 12 months. You can withdraw the yield at any time, whereas your principal can be recovered after the staking period is completed.

The staking program is fully backed by WJXN with a collateral ratio of 164,44%. Everything is denominated in BUSD or USDT. Thus, if the price of WJXN is $1, then 3,288,800 WJXN will be locked in the program for a $2,000,000 staking. In case of default, interests are paid in WJXN and not BUSD or USDT. A discount rate of 10% is applied to WJXN DEX price when a default of payment occurs. Interests are paid back through revenues from JAX mining, auto-profit switching mining pool, market-making, arbitrage trading, etc.

How to stake?

Here is a step-by-step guide to staking on JaxCorp DAO.

  1. Choose your preferred staking plan

2. Connect your wallet

3. Enter the amount you would like to stake and click “Approve”

4. Confirm the transaction in your wallet

5. Click the “Stake” button and confirm the transaction in your wallet again

6. Feel free to find your stake in “My Deposits”.

We will be launching a liquidity farming program too! Stay tuned in order not to miss the announcement!

Don’t miss any announcement by subscribing to our social media accounts:

Official Website: https://jax.network

Twitter: https://twitter.com/CommunityJax

Facebook: https://www.facebook.com/network.jax/

Telegram Channel: https://t.me/jax_network

Official Group: https://t.me/jax_chat

LinkedIn: https://www.linkedin.com/company/jax-network/

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Jax.Network provides the technological infrastructure for a decentralized energy-standard monetary system. Our blockchain is anchored to the Bitcoin network and issues two digital currencies JAX and JXN.

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