By Agrifi, the blockchain-powered platform transforming agriculture through cutting-edge technology, is excited to introduce the launch of its AGF token staking program. This new initiative offers token holders the opportunity to earn significant rewards while participating in the growth of the Agrifi ecosystem, furthering its mission to revolutionize the agriculture supply chain through blockchain technology. With the potential for passive income and enhanced engagement in our community, now is the perfect time to get involved.
Staking Framework
Agrifi has introduced innovative concepts in its staking ecosystem to benefit users. We designed the staking system around two main principles: offering AGF token holders the opportunity to earn passive rewards with competitive Annual Percentage Yields (APYs) and providing a variety of flexible staking options.
Staking Mechanism:
AGF token holders can participate in the staking program and earn annual percentage yield (APY) rewards based on the duration of their locked tokens. The staking periods range from 30 to 360 days, with flexible options tailored to the user’s preferences:
- 30 days lock period with 5% APY
- 60 days lock period with 7% APY
- 90 days lock period with 9% APY
- 120 days lock period with 12% APY
- 360 days lock period with 18% APY
Staking Program:
Participants in the program will also benefit from dynamic staking options, which enable them to select lock periods based on their desired risk-reward ratio. The longer the staking period, the higher the rewards. Additionally, an unstake fee of 2% applies to early withdrawals, ensuring participants are incentivized to stay committed.
Simplified Process for Seamless Staking
Agrifi’s staking platform ensures a user-friendly experience, enabling token holders to:
- Easily stake and manage AGF tokens via a decentralized wallet, including MetaMask, WalletConnect, and Coinbase.
- Monitor real-time information on staked amounts, rewards, and redemption dates via the staking dashboard.
- Benefit from transparent, automated reward calculations based on the total locked value and staking duration.
Steps to Stake
Step 1 : Connect your wallet using Metamask, WalletConnect, Coinbase, or Rainbow. Please note that staking is currently live only for AGF on the Polygon network.
Step 2 : Select Stake Now
Click on the “Stake Now” button to proceed to the staking options.
Step 3 : Select Duration : 30, 60,90,120,360 Days -Enter the amount of AGF tokens you wish to stake (ensure you have sufficient tokens in your wallet) and click “Stake.” Fill in the amount you want to stake (ensure you have the tokens in your wallet) & click on stake.
Step 4 : Approve and Stake Amount
Approve the transaction and confirm the amount you want to stake.
Step 5 : Claim Rewards after Staked Duration
After the staking duration is complete, you can claim your rewards.
Please note that there is a 2% fee for early withdrawals if you decide to unstake before the chosen duration.
About Agrifi
Agrifi is driving an agricultural revolution, harnessing blockchain technology to transform the agricultural supply chain. Our mission is to enhance transparency, efficiency, and sustainability in agriculture while empowering farmers and supporting small-scale agricultural practices.
Join us on this exciting journey to explore the future of agriculture while potentially enhancing the value of your AGF tokens. We’re not just redefining agricultural finance; we’re revolutionizing the future of farming and food production.
Ready to start staking your AGF tokens? Visit our website at https://agrifi.app/auth for detailed steps on how to stake your tokens. Stay connected with us on Telegram, Twitter, Facebook and Instagram for the latest updates and community discussions.
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