'Everscale Launches Limited-Time Boosted Staking Program' by CommunityTon everscale blockchain
for those who love to seize an opportunity. This limited-time offer provides EVER holders unique benefits. Designed to enable participants to receive passive income, individuals can send tokens to a special smart contract called a Depool, where they will help in validating transactions on the blockchain.The Depool smart contract has passed what’s called formal verification, ensuring it is safe to allocate funds to it while keeping your own control over decisions, meaning, it’s your money.
Further lowering the entry barrier, the boosted staking program allows users to stake as little as 100 tokens to participate while the duration of the lock period is also up to the user. From 6, 12, 18, and 24 months, stakers can take advantage of varying benefits with the additional APY reaching as high as 15%. The rewards are distributed after each validation cycle, with the withdrawal process from the Depool taking up to 54 hours.
Everscale Network is proud to be lowering the entry barrier and welcome new users into the staking process to experience how easy it is to earn rewards. Through this initiative, the team is encouraging the users to participate, increase the liquidity and welcome more projects in the near future.