STAKING Q&A
$RHO #staking is LIVE!
Go to app.rhinos.finance
#APY 400%
More infomation: rhinos.finance
What is staking?
In simple words, staking is holding your funds in a digital wallet, once you hold up your funds for a certain time period, you start receiving compensations accordingly. For example, in case of Rhinos Finance, we offered 400.00% APY.
How does staking works?
The higher the number of staked digital assets, the higher the reward will be. These rewards are then distributed on-chain, meaning that the process of earning these rewards in completely automatic and is not violated by any interruptions from a third party. These rewards can be assumed as a voting right of the validators.
Key features
* You can stake your RHO at any time you choose. You can stake any amount of RHO you wish;
* Once staked, the contract will deliver a reward continuously for as long as tokens remain staked and your fund will be locked up to 48 hours;
* You are free to stake additional amounts at any time.
