At Opulous, we are constantly working on ways to give our community rewards for holding $OPUL tokens. This could be by providing exclusive benefits for our NFT sales and utilizing the most up-to-date DeFi services.
Since our launch in 2021, we have been busy setting up various crypto staking pools to offer high APYs to our #OPULFAM. When you deposit $OPUL into one of our open pools, you earn more tokens as a reward!
This blog gives you an overview of our current $OPUL staking options, but we thought it fitting to first look at what staking is!
WHAT IS STAKING?
When you are actively staking crypto, you’re pledging a number of your crypto holdings (you pick the amount) to a specific blockchain network, receiving rewards, or earning high-interest rates. Since all cryptocurrencies use blockchain, each transaction needs to be verified before storing it on the network. Staking is essentially how every one of these transactions is validated.
For the most part, crypto investors deem staking a form of passive income, which can be pretty lucrative. As soon as you start staking, the amount of funds you choose is “locked” in your wallet for a predetermined amount of time and used by the network to validate its transactions and create new blocks on its blockchain. Therefore, the higher amount you stake, the higher the odds that your holdings will be selected.
And in exchange for your time and pledges, you can earn amazing rewards and incredible APYs. Some of our staking pools, for example, have earned APYs up to 1000%.
Now that we have your attention read on to discover some of our active staking pools offering attractive rewards and yields!
OPUL Staking Pool
Our first pool, the OPUL Staking Pool, offers everyone the chance to stake their OPUL and receive up to 15% APY, while also earning raffle tickets that can be applied toward exciting rewards like paid vacations, exclusive merchandise, and early access to our upcoming MFT drops!
So what are you waiting for? Join us now and take advantage of this incredible opportunity to grow your OPUL holdings and win amazing prizes.
Click here to get started and see what the future holds!
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