If you are planning on holding through this downturn in the market then staking would definitely benefit the community and also your investment. I know returns aren’t high but what it does is take those tokens out of supply and helps price. Either staking or providing liquidity to pools on the swap is the way to go for sure.
Unlocking and redeeming tokens takes 1 day. Time zone differences may add 48-72 hours. After the product expires, your assets are saved from the chain and require an unlocking time.
You get paid out interest every day on binance locked staking.
If you are planning on holding through this downturn in the market then staking would definitely benefit the community and also your investment. I know returns aren’t high but what it does is take those tokens out of supply and helps price. Either staking or providing liquidity to pools on the swap is the way to go for sure.
I’m also gonna stake 200 usdt worth of shiba soon. I do my research about it now. Is staking for 21 days is a good option?
I’ve been staked through shibaswap for over a year.
Unlocking and redeeming tokens takes 1 day. Time zone differences may add 48-72 hours. After the product expires, your assets are saved from the chain and require an unlocking time.
Try to stake on 10 days. It will give daily return. In the end of the staking you can re-compound & re-stake again.
I felt that 120 days Shiba staking sometime the rates fluctuative.