Updated DES Staking on Ethereum 🔥
As our dApp is continuous development, we’ve had to make some changes to staking on the Ethereum network. We think you’ll love the changes, so please read on to find out what’s new!
🏊‍♂️ LP Staking Pool
After a little bit of downtime, the DES/USDT LP staking pool is back up operating normally. We apologize to all those affected by the downtime.
🏊‍♀️ DES Single-Asset Staking Pools
DES single-asset staking has been revamped! We’re changing some APYs and even adding a new pool, so make sure you read all of the news!
âś… First, the original single-asset pool with a token lock of 48 hours is increasing its APY to a massive 45%. This pool maintains both its 48 hour lock, as well as the need to unstake first before increasing the size of your stake.
✅ Second, we’re launching a new single-asset pool with no lockup period and the ability to increase the stake without unstaking first. This pool will earn 25% APY, and you’ll be able to both unstake at anytime as well increase your stake without unstaking first.
So, in summary:
- You can stake with a 48 hour lockup and without the ability to increase your stake without unstaking first, and earn a delicious 45% APY.
- You can stake with no lockup, and no restrictions on increasing your stake, and earn a tasty 25% APY.
Thank you again for your patience during the downtime, and make sure you’re following us on all of our channels so that you don’t miss any announcements as they come!
The DeSpace Team 🚀
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