Staking Klever Token at 16%

Staking Klever Token at 16%

By ExponentialOne | Exponential Explore | 27 Sep 2020


If you don't know what Klever is, you should check it out. It is a crypto wallet that originated on Tron but has emerged as a popular, growing multi-coin wallet with staking, dapp browsing, and an expanding list of features - they just recently added LTC, DGB, wrapped BTC, and wrapped ETH for example.

An important part of their ecosystem is their token, KLV, which runs on the Tron network. KLV can be used for fee rebates on their in app swap (there should be a lot more uses to come!), but what I wanted to give a quick update and reminder about is staking!

KLV can currently be staked at 16%, but the number will soon decrease to 12%, a month after the launch of the new app (September 28th).

The good news is that the 16% gets locked in for a year. After that it will decrease each year as the inflation rate changes.

I know this is a short update, but if you're like me and were procrastinating doing this or completely forgot, this is a friendly reminder that the deadline is approaching.

 

Have a great day and thank you for reading!

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