Staking

Staking

Combining DeFi and NFTs, SpiderBSC provides staking pools to stake unique NFTs and tokens in order to win further rewards beyond the standard benefits that come with being a holder.

How Does Staking Work for SpiderBSC ?

SpiderBSC rewards loyal users with more than just ownership and dividends.

To heighten the ways in which holders can earn in the SpiderBSC ecosystem, we are supporting a staking farm for our holders. The assets that holders stake will yield greater returns the longer they stake them, working as another reliable source of passive income within the SpiderBSC ecosystem.

By participating in yield farming, token holders can earn passive income on the network. Similar to a regular Proof of Stake model, which involves users locking up their tokens to get rewards, holders will commit their assets in order to receive bonuses.

The Staking periods will be offered in increments of 6 months starting from a minimum of one year. The longer staking commitment will reward holders with higher APY, while ensuring they can still participate in voting and ecosystem events as a virtue of their token ownership.

In this respect, SpiderBSC is the ecosystem where users can diversify their income streams by investing and staking their funds to claim higher and fairer returns.