Staking is coming to AnySwap on Nov 26th 10AM GMT
AnySwap is pleased to announce the launch of ANY staking. With staking, we want to provide an incentive to hold ANY tokens.
Staking ANY gives liquidity-miners of ANY an economically valid incentive to keep their mined tokens, or even to invest in them, as keeping them in staking can now earn you more ANY-rewards and other benefits.
Staking rewards will be distributed at a rate of 990 ANY/day . Which is not much compared to swap and trading rewards, but the fact that you can now get something out of simply keeping your ANY can make a big difference. And the first week of staking should be really good for early adopters, as the rewards this week (Nov 26 — Dec 3) will instead be 1980 ANY/day.
What will be the use cases for staking ANY tokens?
Will it just be a way to earn more ANY, or will it have other uses? The answer is yes, it will have further use cases tied to:
- Running an AWN-node
- Proportionally increased swap-rewards for ANY-stakers.
Staking will be deployed on the Fusion network. So those with ANY on Ethereum, Binance Smart Chain or Fantom need to redeem ANY back to Fusion if they desire to stake them.
The Staking contract address is: 0x2e1f1c7620eecc7b7c571dff36e43ac7ed276779
The contract code can be found at:
Initiating staking is very easy, and once done you will immediately begin to see your accumulation of new ANY in real time. Harvesting it can also be done at any given time. No need to wait for a full day for distribution like is currently the case for LP-rewards.