Stake BAT to earn BTC – Brave partnered with Axion
In case you are wondering what's going on in the Brave browser with Axion all over it:
The Basic Attention Token finally got a new use case. BAT can now be staked on Axion (AXN) to earn passive income in Bitcoin dividends. The shortest staking period generates a minimum of 8% APY. The longer the staking period, the greater the bonus on the initial stake (up to 20% bonus for a max stake of 15 years) which earns up to 36% APY!
The Bitcoin dividends can be withdrawn any time and AXN dividends are earned along the way.
Axion is a DeFi project on the Ethereum nework. It allows you to generate passive income with AXN, which will be burnt in exchange for shares from the dividend pool. The staking period could be anything from 1 day to 5555 days. A longer stake gives more bonus shares.
The average stake length is 2547 days with more than 80% of the supply being staked!
With the new integration not only AXN can be staked but BAT can be used to stake too! BAT will be used to give the equivalent amound of AXN shares in the dividend pool.
A new loophole for shitposting on CC; earn moons, BAT and BTC. And 1% of the ETH bid is used to plant trees resulting in 2.56M planted trees today
submitted by /u/Phisto1
[link] [comments]