How does staking XVS benefit holders, and what are the rewards involved?

How does staking XVS benefit holders, and what are the rewards involved?

Blog Article

Staking XVS allows holders to earn rewards while contributing to the security and liquidity of the Venus Protocol. By staking their XVS, users can receive additional tokens as incentives for their participation. This also strengthens the protocol by increasing the amount of locked assets. The reward rate often depends on the amount staked and the duration of the staking period. Checking the price of XVS before and during staking periods can help determine the potential returns for staking participants.