Fixed Rate Staking refers to a process where individuals lock up their cryptocurrency for a set period to earn a predetermined return. This model provides a stable and predictable interest rate, allowing investors to know exactly what they will earn over the staking duration.Participants typically choose a specific duration for staking, which can range from a few days to several months or even years. The locked assets are then used to help support the network’s operations, like validating transactions, which is essential for proof-of-stake blockchain systems.One advantage of fixed rate staking is that it minimizes the risks associated with market volatility, as returns are fixed regardless of price fluctuations. However, it often requires that users forego access to their assets until the staking period ends, limiting liquidity during that time. This model appeals to risk-averse investors who prefer steady gains over potential high rewards that come with more flexible staking options. Overall, fixed rate staking is a straightforward way to earn passive income in the cryptocurrency space.
Tether Settles $299.5 Million Claim With Celsius Bankruptcy Estate
Tether has paid $299.5 million to the Celsius Network bankruptcy estate, resolving a legal dispute that stemmed from the cryptocurrency lender’s