CRYPTO NEWS & DATA SPACE

CRYPTO NEWS & DATA SPACE

Crabada $CRA Staking Program

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The new Crabada $CRA Staking Program will take place on Swimmer Network (Subnet)Users who want to take part in CRA staking will have to bridge their CRA assets from Avalanche C-Chain over to Swimmer Network.

Participate in the newly launched CRA staking program by staking your CRA to receive CRA rewards for a limited only

Users may now unstake their CRA from the legacy CRA staking contract without the 21-day lockup period.

The CRA Staking Program can be accessed through this URL:
https://market.crabada.com/staking

CRA Staking Program

The staking periods and interest rates are as follows:

  1. 30-Day Term (5.5% APY)
  2. 60-Day Term (6.1% APY)
  3. 90-Day Term (6.8% APY)

CRA Staking Mechanics

Staking Plans are not Mutually Exclusive

  • You can stake CRA on multiple plans at once
  • You can stake CRA to each plan multiples times

Staking Plans are Accumulative

  • When a user stakes CRA over multiple instances for the duration of a single term,
    – The staking amount is accumulative, and
    – The end-date of the staking period will remain the same as when the plan was first started

Rewards are Accumulative

  • Reward amount is based on the duration that the CRA was staked
  • Reward amount can be claimed when the staking period has been completed

Step-by-Step CRA Staking Guide

Check out the CRA Staking guide here:
https://docs.crabada.com/cra-staking/cra-staking-guide

Need help bridging over to Swimmer Network?

Check out the bridging guide here:

HTTPS://DOCS.CRABADA.COM/CRABADA-BATTLE-GAME/MIGRATION-AND-BRIDGING-NOTES

About Crabada

Crabada is an exciting play-and-earn idle game based in a world filled with fierce fighting Hermit-Crabs called Crabada (the NFTs). Players will rediscover the prosperous ancient kingdom of Crabada and earn rewards through activities such as mining, looting, breeding, battling, exploring, crafting, and more!

Treasures (Under Sea) from the past await courageous adventurers. Mine, loot, breed, war! Are you the next King of Crabada? Will you spread discord? All is yours. Soon, they’ll fear your name.

Website | Twitter

SOURCE

https://medium.com/@PlayCrabada/crabada-introduces-cra-staking-program-865e586ceb4f

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