Did you know that there are many benefits of staking $VCG Token? You can get that advantage easily by staking $VCG Token.
Moreover, how to do $VCG Token staking is very easy just by visiting the page $VCG Staking.
Also read: How to Stake $VCG Token
Benefits of Staking $VCG Token
There are several benefits that you get when staking $VCG Token. The following are some of the benefits you can get:
Get BUSD
The first $VCG Token staking advantage that you will get is receiving a reward in the form of BUSD (Binance USD).
You will receive the reward after you have staked at the time you choose.
You can claim the BUSD reward at any time after you have staked it.
Then, the $VCG Token that you have staked can be claimed again according to the period you choose.
Also read: VCGamers Releases $VCG Staking, Check Out More Info!
Stable APR Not Fluctuating
APR 30 Days | 14% |
APY 60 Days | 15% |
APY 90 Days | 20% |
APY 180 Days | 22% |
APY 360 Days | 25% |
By staking $VG Token you will also feel safer with your digital assets. Because, the APR (Annual Percentage Rate) that you receive is stable or does not fluctuate.
APR is the income you earn from the investment time period. APR is given as a percentage which represents the annual fee over the term of the loan.
When the staking period is longer, the percentage of income you get will be greater.
The reward you receive will also refer to the calculation with the formula (%APR: 360) X period of X days (Price X VCG Token).
Also read: What is Staking? This is the full explanation
There are many choices of the day
You will also get other benefits when you decide to stake $VCG Token. Namely, there are many choices of time periods to lock your assets when staking $VCG Token.
The choice of days given to you is from 30 days, 60 days, 90 days, 180 days to 360 days.
You can choose how long you stake. Later, the percentage of the reward you get will be in accordance with the choice of day you specified.
Also read: $VCG VCGamers Crypto Token Officially Launched, Check Out the Complete Info!
Minimum and Maximum Stake Limits to Avoid Attacks Flash Loans
Another advantage that you should know is that there are minimum and maximum limits when staking. Minimum and maximum stake limits apply to each address.
The minimum amount of stake is 100 $VCG Tokens and the maximum amount is 20,000 $VCG Tokens.
This is done to avoid attacks flash loans what big investors can dothe whales) or people who hold large amounts of crypto assets that are also able to affect the price of crypto assets.
No Auto Compounding
Apart from that, there is also no auto compounding in $VCG Staking. So, big investors or the whales cannot exploit or overprint $VCG Token to cause inflation.
The vcg concept is really good, there is a potential for higher token prices,