Could you please enlighten me on the staking rate for kava? I'm quite interested in understanding the potential returns associated with staking this cryptocurrency. Could you also explain what factors might influence the staking rate, and how often it might fluctuate? Additionally, I'm wondering if staking kava involves any specific requirements or risks that I should be aware of. Your insights would be greatly appreciated.
7 answers
SeoulSerenity
Thu May 30 2024
The Asset Market Cap, representing the total value of the asset being staked, stands at $708.7 million. This figure provides a snapshot of the asset's overall market size and popularity.
amelia_doe_explorer
Thu May 30 2024
Staking Stats reveal vital information about the performance and popularity of staking activities. The Estimated Reward Rate APY stands at 7.16%, indicating a competitive rate of return for investors staking their assets.
Valentina
Thu May 30 2024
The Staking Market Cap, on the other hand, reflects the total value of assets currently being staked. At $91.3 million, it indicates a significant portion of the asset's market capitalization is actively participating in staking activities.
Federico
Thu May 30 2024
Monitoring the Reward Change over 24 hours is crucial to assess the stability of staking rewards. Currently, the Reward Change 24H is 0.00%, suggesting a steady performance with no significant fluctuations.
RainbowlitDelight
Thu May 30 2024
The number of Tokens Staked, which stands at 139.6 million, represents the quantity of tokens that have been locked up for staking purposes. This figure is an important metric in assessing the level of staking participation and community engagement.