After the success of the presale, the staking of IBAT reaches new heights. Battle Infinity continues to be talked about. After the success of its pre-sale, the staking of its native tokens is also experiencing great success. While more than 50% of the tokens in circulation are currently in staking, the total value reaches $5.4 million and counting!
Worth $5.4 million.
The value of staked IBAT tokens reached $5.4 million. Remember that more than 50% of the supply in circulation is currently staked. Since its launch, the Battle Infinity crypto project has been flawless: a pre-sale that closes early, a token that enjoys great popularity, a P2E game with an innovative concept, and a metaverse. In addition, there are the various services it offers, including:
- The Battle Swap allows you to exchange your rewards for other currencies.
- The Battle Market, on the other hand, allows you to sell or buy game assets, structured in NFTs.
- Battle Games provides access to multiple NFT-based games.
- The Battle Arena is dedicated to improving characters.
- The IBAT Premier League is a decentralized sports game on the blockchain.
- Finally, there is Battle Staking
Note that they may also receive additional benefits if they use other services or access other activities on the platform.
Up to 25% APY for IBAT staking.
For those wondering if the staking offer is profitable, the answer is yes. Indeed, on the annual return side, we can expect up to 25% APY for the maximum formula.
For this, however, you will have to agree to lock your IBAT tokens for 360 days. Total tokens in locked staking are 936,106,027.747 IBAT while total tokens in flexible staking are 550,416,368.208 IBAT.
Interestingly, the Battle Infinity staking offer was officially launched on September 24th. As we said above, it is possible to choose the staking period which ranges from 1 month to 1 year, and the APY ranges from 14 to 25%. For players who choose to opt for flexible staking, Battle Infinity offers a 12% APY.
Battle Infinity has managed the feat of building one of the most solid and above all one of the most efficient economic systems.
How to stake your IBAT tokens?
For those wishing to join the Battle Infinity staking program, one must already have IBAT tokens. The token has been available on PancakeSwap for several weeks already, as well as on LBank. You should also know that the value of 1 IBAT is currently at $0.00342.
Once you have acquired the tokens, you will then need to go to the Battle Infinity dApp and follow the following steps:
- Connect your cryptocurrency wallet.
- Then select the amount you want to block as well as the duration you want to lock your tokens for. Remember that the longer the duration, the higher the APY.
- Once you click on “Enable staking”, your tokens will be locked for the defined period.
- To recover the amount of interest generated, simply click on “Stake rewards” and then on “Withdrawal”.
Why Join the Battle Infinity Staking Program?
There are many benefits to signing up for the IBAT token staking program. Already, you are investing in the native token of the P2E Battle Infinity game, which, let's say, is one of the most popular Play-to-earn games around. Then, you participate in a simple and secure program that allows you to generate added value on your tokens.
It should also be noted that other specific benefits have been announced by the team for those who access other activities on the platform. Finally, since staking is open to all IBAT holders, it's an easy way to generate passive income through interest.
However, it should be remembered that users are free to withdraw their tokens at any time with flexible staking. If they wish, they can also reinvest the interest they have received with the program in the program.
For those who have chosen to lock their tokens, it is not possible to withdraw the tokens before the defined period. If they withdraw well before the term, then they will have to pay the gas charge which is around 10% of the amount. In addition, they will not receive the interest provided for their bet.
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