$SKYRIM Staking With MANTRA DAO — Up to 60% APY
As you know, MANTRA DAO is our advisor and investor. It is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the crowd’s wisdom to create a community-governed, transparent, and decentralized ecosystem that gives financial control back to the people to store and grow wealth together.
Staking is a very common practice in crypto space. Staking is also a way of supporting the cryptocurrency you’re invested in.
The primary benefit of staking is that you earn more crypto, and interest rates can be very generous. In some cases, you can earn more than 20% per year. It’s potentially a very profitable way to invest your money.
Today, we are thrilled to announce $SKYRIM Staking will be available on MANTRA DAO very soon.
$SKYRIM Staking Key Takeaways
🏦 Venue: app.mantradao.com
📗 Rules1: 100,000 $SKYRIM will be distributed for the first month.
📗 Rules2: Unstaking will take an 8-day unlocking period or 2% fee for immediate unstaking.
💵 APY: Up to 60%
⌚️ Time: From October 5th, at 12 PM (UTC)
How to stake $SKYRIM
MANTRA DAO has developed an easy to use interface to make the experience as effortless as possible, so earning daily passive rewards is as easy as just a few clicks of a button!
Access the MANTRA DAO platform at: app.mantradao.com
1, In order to start staking you must first connect your web wallet.
2, Click the Staking button.
(Please be advised that $SKYRIM staking will be on Ethereum.)
3, Once you have connected your web wallet, you can calculate the estimated rewards that you will earn depending on the amount being staked and the duration in which you will be staking. Once you have chosen the amount you want to stake, click “Stake Now”
4, Enter the amount of SKYRIM you want to stake. You may enter your own desired amount or you can choose to stake 25–50–75 or 100 percent of all of your available OM tokens. Once you have selected, click “Next”
(We are taking OM tokens as an example 👇)
5, Review that the amount of OM (SKYRIM) you are staking is correct, and click “Stake Now”
6, In order to process the staking from your web wallet, you must confirm the transaction on your web wallet pop-up
7, Once you have confirmed the staking transaction on your web wallet, you are officially staked and will begin enjoying your daily passive rewards!
A Few Words on Future Developments
In the following days, we are going to kick off a new wave of community and marketing campaigns in relation to Skyrim Finance products and Skyrim Finance Evangelist Program. We believe these especially tailored events will bring SKYRIM to a new stage where it is more robust and resilient.
Please look forward to it. 🚀
About Skyrim Finance
Skyrim Finance is the First Multichain Decentralized Structured Finance Marketplace. Skyrim Finance aims to build the Robo-Advisor of the DeFi ecosystem. The objective of Skyrim Finance is to help investors of different profiles have risk-adjusted returns through fixed-rate and leveraged-yield DeFi products.