ArcadeNetwork: Why should you Stake $ARC?

ArcadeNetwork
3 min readDec 5, 2021

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ArcadeNetwork is delighted to declare the much-awaited $ARC First Tranche Staking Program on our official Portal — portal.arcadenet.io

Owners of $ARC Tokens will now directly be eligible to pledge their tokens and develop a passive income. All you will need to do is stake your $ARC tokens on ArcadeNetwork Staking Portal and get ready to farm some sedentary income while you sit and relax.

Staking is the strategy used by many cryptocurrencies to ascertain their trades and it enables participants to reap rewards on their holdings in the form of amazing APY.

APY demonstrates the rewards that you will obtain for a staking interval of one full year.

The Annual Percentage Yield (APY) is a strategy to evaluate the portion of the money earned on market record over the circuit of a year.

How does staking work in the ArcadeNetwork?

To compute the amount of $ARC rewards you will earn at the end of the staking period depends on The Staking duration, The APY and The Structure. These factors play a very major role in understanding how the staking process works in the platform.

APY in ArcadeNetwork

ArcadeNetwork investors can achieve compounding interest on their $ARC tokens by staking them on the company’s official staking portal.

Steps to follow to stake your $ARC tokens:

To stake your $ARC tokens, the following steps can be followed:

Step 1: Go to http://portal.arcadenet.io

Step 2: Select the time period which you want to stake (90days, 150days, 180days, 360days)

90 Days | Level-1: Up to 125% APY

150 Days | Level-2: Up to 150% APY

180 Days | Level-3: Up to 175% APY

360 Days | Level-4: Up to 200% APY

Step 3: Click on the Stake Now button

Step 4: Select the amount of $ARC tokens you wish to Stake

Step 5: Click on “Confirm” to confirm Staking

Step 6: Approve funds for staking

Step 7: Confirm Metamask transaction

Step 8: Click on View All to know your Staking history. Staking history will show you the status of completion as per the days & level, reward date and days left for staking unlock.

And you are done! Happy Staking. Still, got any Questions? Please feel free to ask in our Telegram group: t.me/ArcadeNetworkofficial

About ArcadeNetwork

ArcadeNetwork is the world’s first decentralized platform that provides cross metaverse asset interoperability. It makes use of blockchain technology & NFTs, creating a unified relayer bridge, which enables seamless movement of in-game assets between different games.

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ArcadeNetwork

ArcadeNetwork provides an innovative NFT ecosystem, enabling participants to directly benefit from the NFTs that they own.