Hey there Betanians!
We've got some great news! BETA Staking is now live on the Omni Dapp. This new feature is all about boosting the earning potential for you as a BETA holder, offering a simple way to get more from your tokens, while helping bootstrap the protocol!
All staking activity will also be eligible to earn points for our Omni Overdrive, Season 1 program on top of the daily emissions! The emissions for BETA Staking will also come from the Omni Overdrive, Season 1 liquidity mining allocation of 10M+ BETA to be distributed across various channels to bootstrap activity on the Omni Protocol. For more details about Omni Overdrive Season 1, see here.
What is Staking? It's simply putting your BETA tokens into Omni's Safety Module to help protect the protocol from a shortfall event. This move is key for reinforcing the protocol's resilience.
Why Stake? Well, it pays off! Staking your BETA tokens doesn't just help our protocol's security. It also lines you up for a consistent flow of Daily Rewards.
Daily Rewards: Think about this – earning rewards every single day! As a staker, you'll get your share of 3000 BETA daily. The more you stake, the more you get. It's all about making passive income easy.
Stake Easily:
Go to the Omni Staking page, click 'Stake', enter the amount of BETA you want to stake, confirm the transactions, and you're good to go.
Once you're done with the transactions, your tokens are more than just staked; they're all set to earn you rewards.
Restake for Extra Gains:
You can grab your BETA rewards whenever, but there's more to it. Why not restake them to boost what you earn? It's a clever way to make the most of your tokens.
Jump over to the Omni Staking page, click 'Claim' or ‘Restake’, choose your amount, and you can either get those rewards back in your wallet or aim for even more.
Unstake When You Want:
Don't just keep your BETA tokens idle; turn them into a continuous reward stream. Check out our Staking Page and start making your tokens work for you.