Could you please elaborate on the concept of the Orai staking reward? I'm curious to know how users can benefit from staking their Orai tokens and what kind of rewards they can expect to receive in return. Is the staking reward fixed or does it vary based on certain factors? Additionally, are there any specific conditions or requirements that need to be met in order to participate in the staking program and earn rewards? I'm eager to learn more about the details and mechanics of the Orai staking reward system.
7 answers
BlockchainMastermind
Sun Jul 28 2024
The Oraichain network distributes ORAI rewards on a per-block basis, ensuring fair and timely distribution.
IncheonBeautyBloomingRadiance
Sun Jul 28 2024
ORAI Rewards offer an attractive staking incentive to holders of the cryptocurrency.
Claudio
Sun Jul 28 2024
To participate in the staking program, users must lock up their ORAI tokens for a minimum period of 14 days.
Alessandra
Sun Jul 28 2024
The annual reward for staking ORAI is currently projected to be a substantial 16.88%.
GangnamGlitzGlamourGlory
Sun Jul 28 2024
This lockup period is designed to promote stability and discourage short-term speculation in the ORAI market.