Over 24 Million $XEND Has Been Staked On Xend Finance’s Native Staking Platform
It’s been a season of achieving great milestones for us, and the community, at Xend Finance.
In the first half of the year, we expanded into Kenya and Ghana, added Ghanaian Cedis and Kenyan Shillings to the list of currencies on our crypto banking app, and crossed over 100k users on our platform. 🥳
But that’s not all…
We have another milestone that we are proud of and it’s huge!
Over 24 million $XEND has been staked on our native staking platform. This accounts for over 20% of $XEND in total circulating supply and shows immense support from our investors and token holders. 💪🏾
The best part is that this is a feat we achieved just over a year after our launch and with all of our investor tokens distributed. In March 2021, $XEND began trading on UNISWAP after its public sale round in Balancer LBP’s (Liquidity Bootstrapping Pool). It was one of the largest in Balancer’s LBP history and the most successful SHO (Strong Holder Offering) on DAO Maker.
You can find $XEND on Gate.io, AscendEX, PancakeSwap, and many more, or go through the Xend Finance app.
Our recent feat, however, shouldn’t come as a surprise. Staking $XEND holds a lot of benefits for the staker as it can yield up to 100% interest (in the “Ojukwu’’ category).
However, we are close to reaching the maximum allowable $XEND tokens for 100% interest, but still have 50% (Mansa) and 30% (30%) available.
If you haven’t staked $XEND yet, now is the best time to do so. Before you do, let me take you through what you need to know to successfully stake $XEND.
What are the benefits of staking $XEND?
Why should you stake $XEND? Keep on reading to find out.
- The more you stake, the higher your staking score increases. This means you get higher discounts on transactions involving our products.
- With higher staking scores, users can access projects that will launch on Xend LaunchPad and have first access to purchase such project’s token.
- Finally, staking $XEND gives you access to insurance across all Xend Finance products or purchase such insurance at a discount.
How do you stake $XEND and start earning up to 100% APR?
We are close to reaching the limit of 20 million $XEND staked for 100% APR! Currently, we’re at over 19 million staked, so if you want to get in on the action, there’s not much time. Remember, for a shorter staking period, we also have the 50% and 30% available. Check out your options here: stake.xend.finance.
The process is seamless and can be accomplished in a matter of minutes.
For a step-by-step guide on how to stake $XEND, click here.
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There’s a lot more to expect from $XEND in the coming months. We are just getting started!
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