Crabada Introduces $CRA Staking Program

$CRA-for-$CRA rewards are available for a limited time only!

Participae in the newly launched CRA staking program by staking their CRA to receive CRA rewards for a limited time only, that is users may now unstake their CRA from the legacy CRA staking contract without the 21-day lockup period.

The new CRA Staking Program will take place on Swimmer Network (Subnet). Users who want to take part in CRA staking will have to bridge their CRA assets from Avalanche C-Chain over to Swimmer Network.

The CRA Staking Program can be accessed through this link: https://market.crabada.com/staking

CRA Staking Program

The staking periods and interest rates are as follow:

  • 30-Day Term (5.5% APY)
  • 60-Day Term (6.1% APY)
  • 90-Day Term (6.8% APY)

CRA Staking Mechanics

Staking Plans are not Mutually Exclusive

  • Users can stake CRA on multiple plans at once
  • Users can stake CRA to each plan multiples times

Staking Plans are Accumulative

When a user stakes CRA over multiple instances for the duration of a single term:

  • The staking amount is accumulative
  • The end-date of the staking period will remain the same as when the plan was first started

Rewards are Accumulative

  • Reward amount is based on the duration that the CRA was staked
  • Reward amount can be claimed when the staking period has been completed

Staked CRA and Plan Rewards are received at the end of the plan

  • CRA staked in the plan will be automatically unstaked upon claiming your rewards
  • To restake the CRA simply start another plan

Step-by-Step CRA Staking Guide

Check out the CRA guide here: https://docs.crabada.com/cra-staking/cra-staking-guide

Need help bridging over to Swimmer Network?

Check out the bridging guide here:

https://docs.crabada.com/crabada-battle-game/migration-and-bridging-notes

Upcoming Crabada Events

There are a lot of exciting news, announcement and events coming up, so hang tight and keep up to date via their social channels:

  • Battle Bounty Campaign
  • New Battle Game Mode: Arena
  • Battle Game “Quality of Life” Updates
  • Swimmer Network Ecosystem Grants

About Crabada

Crabada is an exciting play-and-earn idle game based in a world filled with fierce fighting Hermit-Crabs called Crabada (the NFTs). Players will rediscover the prosperous ancient kingdom of Crabada and earn rewards through activities such as mining, looting, breeding, battling, exploring, crafting, and more!

Community

Conclusion

All information on the article is for reference only, this is not investment advice. Hopefully, the information that Avaxholic has gathered in the article will be useful to you.

Join the Avaxholic chat group now to discuss the hot issues of the DeFi market with the Avaxholic admin team!!!

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