Staking
Last updated
Last updated
Staking in Space AI is a powerful mechanism that allows users to put their SAT tokens to work and earn additional SAT interest.
Stake SAT Tokens:
Staking involves the process of locking in a certain amount of SAT tokens. This action signifies your commitment to holding and growing your SAT holdings over a specific period.
During a specific period, if you do not want to continue staking SAT tokens, you can choose to terminate staking early. SAT will be returned to the account within 24 hours.
Earning SAT Interest:
By staking your SAT tokens, you become eligible to earn SAT interest. This means that you'll receive additional SAT tokens as a reward for holding onto your existing SAT assets.
Amount and interest rate:
The value of your SAT tokens you choose to stake directly affects the interest rate you will receive. Specifically, the pledge amounts of $100, $1000, $10000 and $100000 correspond to annual interest rates (APR) of 40%, 45%, 50% and 55% respectively.
$100 - $999
480%
$1000 - $9999
540%
$10000 - $9999
600%
$100000 <
660%
Choosing a larger stake amount can provide a higher annual interest rate, thus incentivizing users to commit to holding SAT tokens for the long term.
Flexibility in Staking Durations:
Users have the flexibility to choose the staking amount that best suits their preferences and investment strategies. Whether a low-commitment or a high-dollar approach, Space AI can adapt to different asset frameworks.
You're able to claim your $SAT reward before the staking duration concludes. Yet, for the initially staked funds, you'll need to wait until the designated time period has elapsed before claiming them Or terminate the pledge early. This allows for flexibility in accessing rewards while ensuring the integrity of the staking process.
Staking in Space AI is a strategic way to maximize the potential growth of your SAT holdings. By staking for specific durations, you're able to earn SAT interest at competitive rates. This feature empowers users to actively participate in the growth of their SAT assets and enhance their overall experience within the Space AI ecosystem.