Friday, February 3, 2023

Everybody ready for higher yields? New XRP staking method delivers on higher APYs.

THE GAMECHANGING XRP STAKING

Fellow Binancians,

 

We believe that there are solutions and teams to create products that can contribute to building a reliable and profitable crypto environment, even in a turbulent market. To encourage industry recovery from the latest volatile shakes, Binance is proud to announce the much debated Ripple Staking Platform - an native XRP staking system for individual users.

 

An enticing staking fund of 5.26 Billions XRP is supplied from Ripple's reserves to ensure the staking process and maintain the reward system. The XRP staking platform is equipped with a certain rewarding protocol in such a way as to distribute staking income between 11% and 33% ROI with additional incentive premiums directly to the staking XRP addresses.

Only a few participants will be able to join the first staking round and receive instant benefits and a higher APR; specifically, only 9000 applicants - depending on account age, on-chain activity and other wallet related information, as it is detailed in Ripple's blog post.

 

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