Stake $ASM and Earn Impressive Yields: Latest AsMatch Updates Include $MANTA Rewards

C4wv...2CQg
24 Jan 2024
28

AsMatch, responding to community demand, has introduced a new staking feature in its latest app update. Users can now stake their $ASM tokens and earn attractive yields, including $MANTA. The initiative aims to incentivize early participation, offering higher Annual Percentage Rates (APR) for those who engage in staking and farming on the platform.
A total of 7,000,000 $ASM and 48,000 $MANTA, provided by Manta Network as part of their ecosystem, have been allocated to reward users participating in staking and farming. This limited opportunity allows early stakers to maximize their earnings with substantial APRs.
To get started, users can download the latest V0.98 update from the Google Play and App Store or directly from the AsMatch website (https://asmatch.app).
Key Features and How to Stake:

  1. Staking Details:
    • Users can stake $ASM and farm $ASM & $MANTA by navigating to the newly added 'Farm' tab.
    • The 'Farm' tab displays $ASM farm pools, current APRs, and total staked amounts in each pool.
    • Both zkPortrait and non-zkPortrait holders can participate in farming and benefit from generous APRs.
  2. How to Stake $ASM:
    • Select the desired pool and click 'Stake Now.'
    • Specify the stake amount and lock-up period (minimum stake is 100 ASM).
    • Longer lock-up periods and larger stakes result in higher APRs and yields.
    • Confirm the stake by pressing 'Stake.'
  3. Maximizing Earnings:
    • Daily earnings are calculated based on a formula that considers the staked amount, yield coefficient, and daily $ASM/$MANTA pool release.
    • APR is determined by the daily rate of return multiplied by 365.
  4. Deposit $ASM:
    • Users can deposit $ASM directly into their AsMatch Wallet by navigating to the 'Wallet' tab.
    • Tap on 'Deposit,' select $ASM, choose the Manta Pacific network, and copy the provided deposit address.

Important Reminders:

  • Verify the ASM deposit address as it is different from the ETH deposit address.
  • Deposits take approximately 5 minutes (30 blocks of confirmation) to complete.

Additional Information:

  • The earlier users stake their ASM, the higher their earnings will be.
  • Extended staking periods result in higher income.
  • The staking program plans to fully mine the total $ASM and $MANTA rewards over 3 years and 6 months, respectively.

AsMatch encourages users to take advantage of this staking opportunity to maximize their returns. The article emphasizes the importance of early participation and longer lock-up periods for enhanced earnings. Users are reminded to verify deposit addresses to ensure accurate transactions. The introduction of $MANTA adds an additional element to the staking program, providing users with an opportunity to diversify their earnings within the AsMatch ecosystem.

Write & Read to Earn with BULB

Learn More

Enjoy this blog? Subscribe to eonoddo

0 Comments

B
No comments yet.
Most relevant comments are displayed, so some may have been filtered out.