Staking $LKD tokens in Recurring Pool-B , allows you to Earn Fixed APR of 24% within the LinkDao ecosystem. LinkDao users will be able to receive the $LKD rewards based on the 100 $LKD stake in the Recurring Pool-B as follows:
In order to stake in Recurring Pool-B:
1.
Pool limit -100,000 $LKD
2.
Minimum stake amount per user -1.00 $LKD
3.
Maximum stake amount per user -5000.00 $LKD
4.
Deposit and Withdrawal fee is 0%
5.
Withdraw rewards every 30 days upto 18 months.
They’re locked up in a smart contract on the BSC network. Initially, only $LKD on the BSC network will be eligible for staking, but we’re planning to add other networks as well based on demand.
If you’re not a $LKD token holder or you want to get more tokens, you can always buy them on PANCAKESWAPor on centralized exchanges like LBANK and BITMART .
How to stake $LKD
Staking $LKD is fairly simple if you already hold $LKD in any web3 wallet like Metamask and Trust wallet dApp:
Press “Approve”; you’ll have to allow the smart contract to access your tokens if you’re staking for the first time (but only once) by signing a transaction
3. Once approved and transaction confirmed, Enter the number of tokens you want to stake in Recurring Pool — B
4. Press “Deposit” and sign the transaction on the BSC network
After a few seconds, your tokens should be staked on the blockchain and the website will automatically update your staked amount.
Note: You’ll need a small amount of $BNB smart chain in your wallet to pay for the transaction fees of the Staking or Unstaking operations.