You can stake $KODI as another method of passive income
Staking is growing in popularity as a utility in the decentralized space. It provides Kodi token holders an additional method to earn passive income.
The staking process is initiated via a token holder locking their tokens into a staking pool instead of holding them in a web3 wallet (i.e. Metamask, TrustWallet). The staking pool contract then rewards the staker for the lock-up of tokens by slowly releasing additional free tokens on top of the individual's original staked amount.
Our staking contracts were developed via our partners at Brewlabs and are currently available through their website. Staking reflections are in $KODI with a variable APR. There is no minimum amount required to stake.
- 2% tax in
- 0% tax out
90-Day Lock Pool
- 0% tax in
- 0.1% tax out
Our staking contract is designed to ensure investors will still receive BNB reflections from trading volume while staking their tokens. There is an option for stakers to either harvest rewards earned or compound their staked tokens. A ‘compound’ button will be visible when viewing the staking pool which, if selected, will allocate tokens toward your current staked amount.
Future staking pools will include the option to combine your staked Kodi tokens with your Kodi NFTs. Your Kodi NFT(s) will function as an APY multiplier. Updates will be provided once the contract is ready for deployment in the coming weeks.