XLM hodlers are in for a treat - STAKING has just launched on the main network.

The Latest Upgrade to Stellar - XLM Staking Rounds Fellow Binancians,   Our research team is proud to announce our connection with a long-awaited upgrade to the Stellar network, allowing individual users to stake Lumens and earn rewards. In reaction to the Stellar Community proposal, the inflation dividend mechanism has been reconstructed and replaced in the latest network upgrade. Right after this upgrade, the Stellar Staking Rounds / 2023 have been activated and they are the only reward mechanism for Lumens hodlers.   Started on March, the staking feature is available for all Stellar network users. Using a deflationary algorithm, the payout system rewards decrease in time, so that the initial 23.2% APR is set to decline proportionally to the numbers of stakers and their staked XLM balances. Stellar Staking Round 1 - Available Now At Stellar Staking Round 1, only the first 10 000 to register will be automatically entered into the staking round, providing an extended ROI - 15%-22.4% APR on the current balance.   Stellar has secured a total of 2.4 billion XLM, that have been moved from the Stellar Investment Foundation expansion accounts. The exact reward limits and eligibility for an individual user can be determined by checking the blog post below. JOIN STAKING ROUND 1 Note: Eligibility is determined by the Stellar Foundation and includes several factors - ability to cover the required minimum XLM balance, non-exchange wallet, personal non-business account. Risk warning: Cryptocurrency is subject to trade risk. Binance will make the best efforts to choose high-quality events, but will not be responsible for your trading. Please act with caution.   Kindly note: Please be aware and always make sure you are visiting Binance.com when entering sensitive data.   Update your email subscriptions here. © 2018 - 2023 Binance.com, All Rights Reserved.