Out of my experience staking on Binance is safe. I have staked other tokens too on Binance and haven't encountered any problem of losing it unless your account gets hacked.
No, If you stake 10 Axies, the amount of Axies that you would receive as interest at the end of 30 days would be 0.9 Axie as long as the APY is 110%. So at the end of 30 days, you would have 10.9 Axie. If you continue to stake those 10 Axies for 12 months then that would yield you an interest of 10.8 Axies as long as the Annual Percentage Yield (APY) is 110%.
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Good content, good accent 💯
Thank you! 😃
Damn this guy, he's so fast and smart...
Thanks man!
Hi, Thanks for the video. Does AXS stalking have any risk of losing?
Out of my experience staking on Binance is safe. I have staked other tokens too on Binance and haven't encountered any problem of losing it unless your account gets hacked.
So if I stake 10 AXS, I will get other 11 AXS after 30 days?
No, If you stake 10 Axies, the amount of Axies that you would receive as interest at the end of 30 days would be 0.9 Axie as long as the APY is 110%. So at the end of 30 days, you would have 10.9 Axie.
If you continue to stake those 10 Axies for 12 months then that would yield you an interest of 10.8 Axies as long as the Annual Percentage Yield (APY) is 110%.
@@TheCommonChannel i realized it after the comment but thank you anyways 😅💪🏼
@@SalvoSolo Always welcome!!
Can you stake another axs while you have a lock staking axs
Yes, you can
how much is the possible interest of 1axs in 1 month?
8.75% a month as of now with the current APY of 105% on Binance
i think staking at katana was better 0.1 axs can gain per day was 0.0043 and still depends how much axs you will stake the apr is 112% and no interest
so if i stake 2 axs how much will i get at the end?
At the end of 30 days, you will have 0.18 Axies.
.18 axies = 1800 rupees
Splendid video .
Glad you enjoyed it!
Can we stake more after 30 days???
Yes, you can.
🔥🔥🔥
Bro, Sand ,mana blasted...why AXS not blasting???
🙌🙌
amazing coin 😇
It’s crazy really you’d never get 120% returns if you kept your money in the bank
Very true!!
I think after 30 days there will adjustment too in which the price goes down.
Yeah, they gradually decrease the APY over time.