Key Features
Key aspects that make the Earn Network's DeFi Staking product appealing and secure.
Customizable staking solutions
The Earn Network's DeFi Staking provides various staking mechanisms, enabling users to pick offers tailored to their needs. This includes options for both Flexible Staking and Locked Staking pools, which work in slightly different models. Locked Staking programs may include NFTs as additional rewards.
Rewards
Variable rewards: The reward rate constantly shifts based on the on-chain staked volume of a given asset. Rewards are produced and available to claim during each network's block.
Fixed rewards: Users receive a predetermined reward rate for the entire lock-up period. Staked funds and rewards are available to claim after a choosen period.
Period
No lock-up period: Users can freely stake and unstake their assets at any time without any consequences.
Set lock-up period: Users commit to staking their assets for a specified amount of time. They still can access their funds at any time, but with the cost superimposed on the unstaking transaction.
Benefits
Exceeded flexibility: Users have the freedom to adjust their strategy during staking according to their preferences, needs or market conditions.
Higher potential returns: Typically offers higher reward rates compared to Flexible Staking, in exchange for a longer commitment period.
User-friendly interface
The Earn Network platform features an intuitive user interface that facilitates seamless interaction with deployed staking smart-contracts. Users can easily stake, unstake and claim rewards for supported assets, ensuring a smooth staking experience.
Decentralized and self-custodial
Built on decentralized smart-contracts, the Earn Network's DeFi Staking solutions prioritize transparency and security. Users maintain full control over their assets throughout the staking process, ensuring a trustless and self-custodial experience.
Thoroughly audited
The Earn Network ensures that all of its DeFi smart-contracts are thoroughly checked by trusted external companies. This auditing process is crucial because it helps gain users' trust by ensuring that their staked assets are safe and protected from potential risks. By being transparent and accountable, the Earn Network is committed to securing its stakeholders' investments.
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