How Staking Works in PortPay Pro
Staking Process:
- Users can select a staking option, specify the amount of tokens they wish to stake, and choose a lock period.
- Once staked, the tokens will be locked for the selected period, and users will begin earning rewards based on the APY associated with that period.
Rewards Payout:
- The rewards from staking are typically distributed either at the end of the lock period or incrementally, depending on the staking protocol used by PortPay Pro.
The Staking feature offers a straightforward and effective way for users to put their assets to work, generating rewards over time. Android users can take advantage of this feature to earn passive income from their tokens by selecting different lock periods based on their preferences for yield and liquidity.
Note: Due to restrictions imposed by Apple Inc., the staking option is not available on Apple smart devices.