FAQ - Staking

What options are available for staking?

Below are the options available:
Where:
APY%
Unstaking-Period
Minimal Amount:
FTX
4% Yearly
30 Days
1 FIDA
Onchain - Serum
Variable Rate
7 Days
500 FIDA
Ascendex (BitMax)
4% Yearly
30 Days
1 FIDA

Where can I stake on Serum?

You can stake on-chain at Serum.
Please note the minimal amount to stake on-chain is 500 FIDA.

Where can I view the variable rate on Serum?

You can view the APY Bonfida - staking

What determines the APY% on Serum?

Staking on Serum rewards a variable APY% as a rewards program that is 10% of all FIDA Buy & Burns.
There are several factors that determine the amount of FIDA allocated to staking.
These are:
  • Fees generated by Bonfida
  • Price of FIDA token
Last modified 5mo ago