Metastaking Phase 1: RIDE Staking Is LIVE On The Maiar Exchange. Stake RIDE And Earn Up To 25% APR
We’re excited to announce that RIDE staking has gone live on the Maiar Exchange!
This is the first element of the recently announced Metastaking product, which will be fully deployed in the next days.
RIDE staking makes it possible for holoride supporters to deposit their RIDE holdings and earn up to 25% APR in RIDE - more if you compound using the Reinvest button.
Stake your RIDE tokens now:
- Go to https://maiar.exchange/staking
- On the RIDE farm click on Stake
- Select RIDE & the Amount
- Click Stake
Please note that there is a 10 days unbonding period for unstaking RIDE, similar to EGLD staking. Once you hit “Unstake” you will get your available rewards, and then your staked tokens go into “Bonded” mode (they are tied to the Staking pool) for 10 epochs, that count from the end of the current epoch.
This information is displayed as a countdown on the Unbond button. Once the unbonding period ends, you can claim your staked RIDE.
Stake RIDE and earn up to 25% APR - rewards start on Sunday February 27 18:00 UTC.
Beniamin Mincu, Co-founder of MultiversX, is a distinguished tech visionary and one of Europe’s early blockchain pioneers.
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