DEFIT Staking is a flexible staking contract for ERC-20 tokens.
Participants may lock their tokens and earn high yields based on the length of time staked- similar to a decentralized high- yield bank account, with maximum customization for projects and flexibility for participants.
STAKING is the process of holding tokens in a cryptocurrency wallet to support the operations of a network.
Participants are rewarded for depositing and holding coins, with constant guaranteed time-based returns. Rewards are calculated based on staking time: the longer you stake, the more you earn.
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You can earn rewards when you stake cryptocurrencies and fiat for a period of time as an incentive to acquire and hold onto staking assets. Some staking coins may require a bonding period. To earn staking rewards, simply select the asset you wish to stake and once it has finished bonding, it will be ready to start staking and earning rewards twice a week from the Proof of Stake process.
All additional questions can be viewed on our FAQ PAGE.
Reward rates are subject to change and compliance with DEFIT’s terms and conditions. Neither your DEFIT account nor staked assets are covered by insurance against losses or subject to Federal Deposit Insurance Corporation (FDIC) or Securities Investor Protection Corporation (SIPC) protections.