NOW Token Staking - Passive Income With ChangeNOW's Native Token
ChangeNOW about a month ago launched staking for its native token - $NOW. It involves the freezing of your $NOW Token to ensure the proper functioning of its network and gradual stability of the price. $NOW staking is possible on the Binance chain and as such only, the BEP2 version (token issued on Binance Chain) of the token is supported
At the moment, staking $NOW is possible in Guarda Wallet and BEPTool "Token Freezer. As a sign of goodwill, holders who stake their token via any of the above-mentioned tools can get rewarded each week. With as low as 1 $NOW token and 100,000 $NOW you can get up to 25% APR.
You can get $NOW token on BinanceDEX, IDEX exchange, and now on the most popular DEX Uniswap. However, token gotten off the later 2 exchanges needs to be swapped for BEP2 at a 1:1 ration on changeNOW Swap
The more you stake the more you gain reward. You can stake for one week. There is no limitation on the duration of staking. To continue rewarding an algorithm has been created: once every 1.5 million Now Token disseminated as rewards, the staking is halved, thus reducing it by 50% Now Token can be frozen anytime.
For more information visit https://changenow.io/blog/now-staking