Singapore, Singapore–(Newsfile Corp. – May 24, 2022) – Arowana, a service platform ecosystem where digital assets can be issued, certified, exchanged, and traded, announced the option for Arowana token (ARW) holders to stake the ARW for 356 days and earn 86% interest as rewards, beginning from May 16, 2022.
Arowana staking
Arowana staking is a mechanism that will give holders who staked Arowana token, the opportunity to earn a portion of fee-based revenues. The stability of Arowana staking is secured by managing staked assets with a blockchain-based smart contract and paying interest to users. The Arowana staking contract is unique to decentralized finance (DeFi) platforms and allows ARW holders/participants to earn high interest when the staking period ends.
Arowana staking is one of the services of the Arowana project. It allows Arowana token holders, who stake their tokens through the Arowana staking platform, to receive interest by the pools divided by periods such as 7, 30, 90, and 365 days. The longer the deposit period, the higher the interest rate that the staking users will receive.
To increase the number of holders, Arowana opened a new 356 days ARW staking pool with 86% annual interest rate.
The total amount that will be raised by the staking pool is 5 million ARW for 30 days as well as proceeding to lock up for 832 days for the amount that the foundation has.
To learn more about Arowana’s project, please refer to the following links.
Arowana Staking: https://staking.arowana.app
About Arowana
The Arowana (ARW) Project is a blockchain that processes the value of physical assets, including gold. It aims to provide a platform that can certify, exchange, and trade physical assets as digital assets to increase the ease of physical asset trade by an individual by contributing to the nurturing of business based on the high credibility of innovative IT technologies including blockchain, artificial intelligence, and cloud.
Contact
Company: AROWANA TECH PTE. LTD.
Name: Tommy Hong
Phone: +82 10-3982-4189
Email: elliana@arowana.finance
Website: https://arowana.gitbook.io/whitepaper/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/125067
