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What is the current Evmos staking APR?

avatarAutomataNum4Nov 29, 2021 · 3 years ago1 answers

Can you provide information about the current Annual Percentage Rate (APR) for staking on the Evmos network? I'm interested in knowing the current rate and how it compares to other networks. Additionally, I would like to understand the benefits and risks associated with staking on Evmos.

What is the current Evmos staking APR?
Evmos
Staking
APR

1 answers

  • avatarNov 29, 2021 · 3 years ago
    As an expert in the field, I can confirm that the current Annual Percentage Rate (APR) for staking on the Evmos network is 8%. This rate is competitive and offers stakers a great opportunity to earn passive income. Staking on Evmos not only allows you to earn rewards but also contributes to the overall security and decentralization of the network. However, it's important to understand the risks associated with staking, such as the potential loss of funds due to validator misbehavior or network attacks. Make sure to do your due diligence and consider the potential risks before staking on Evmos. If you have any further questions, feel free to ask!

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