Launching the KEEP-only Staking Pool with no Minimums
You asked, we listened. Today, we’re launching the KEEP-only staking pool with 100K KEEP per month rewards and no minimums to deposit.
Today, the Keep team launched the KEEP-only staking pool. The announcement includes a mainnet contract release and an update to the Keep staking and token dashboard to give users easy access to the new pool.
Our community has regularly been asking us for the ability to stake on the Keep network with just their KEEP, without the minimums required to operate a full node. We listened, put our heads down to work, and are now launching the KEEP-only pool to give the community more opportunities to contribute to (and benefit from) securing the network.
The KEEP-only staking pool is launching with 100K KEEP per month as the initial rewards amount. There is no minimum to participate, so no matter how much KEEP you own, you can participate and earn rewards! To incentivize longer-term participation, we have implemented a multiplier based on the amount of time your KEEP is locked up (up to a 3x reward). The multiplier starts at 0.3, then grows to 1 after one month.
The KEEP-only pool will make staking KEEP and earning rewards more accessible to everyone, allowing more people to participate in securing the network and getting actively involved in the protocol. In the future, the pool will further empower community governance by allowing stakers to get involved in decisions about rewards parameters for the pool — including token allocation for rewards and the amount of time over which tokens are distributed.
