Aster Chain Staking Feature Launched, Empowering the Ecosystem with a Dual Reward Mechanism $ASTER

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ChainCatcher reports that Aster today announced the official launch of the Aster Chain staking feature. This marks a core upgrade for the $ASTER token following the airdrop and buyback program, gradually building a closed-loop ecosystem that allows long-term holders to benefit from the protocol's growth.

Starting today, users can delegate their tokens ($ASTER) to validators and flexibly choose the lock-up period, earning weekly rewards through a dual mechanism of Base Rewards and Loyalty Rewards.

To ensure network security, Aster Chain initially partnered with Trust Wallet, BNB Chain, World Liberty Financial, Lista DAO, and PancakeSwap as validators to work with the Aster Foundation to safeguard node security.

Users simply need to log in to the staking page, select a validator, enter the amount to be staked, and confirm the lock-up period to complete the operation. The staking cycle runs Monday through Sunday, UTC time. Users must complete their staking before 00:00 UTC on Monday to ensure eligibility for the next cycle's reward settlement. For detailed staking guidelines and technical instructions, please refer to the official documentation.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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