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
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.