On the Binance app, when you are subscribing to a new product, enable the Auto-Staking option before locking up your crypto.Įnable Auto-Staking on a subscribed product
#STAKING BINANCE ACADEMY HOW TO#
How to Activate Auto-Staking Enable Auto-Staking when subscribing to a new product Note that if the product has reached a subscription quota, Auto-Staking will not be enacted. And yes, you won’t be skipping the one day of potential staking rewards anymore with Auto-Staking. Even if you do remember to stake again on the expiration day, you’d still miss out on one day worth of rewards due to the interest calculation period of one day.Īuto-Staking can help you avoid the trouble of remembering the dates and manually re-subscribing, as well as ensure that you’re not missing out on staking opportunities available to you. And if you don’t re-subscribe, you can miss out on staking rewards. If you’re the type to set and forget, chances are you’ll miss the expiration date of the product.
Having to remember to re-subscribe to our staking products while on a busy schedule can be a hassle that you want to avoid. What is Auto-Staking?Īuto-Staking is a new Binance Staking feature that helps you automate re-staking your assets. That’s why we’ve decided to introduce the Auto-Staking feature to improve the experience for our users. If users forget to re-stake, they can end up missing out on potential earning opportunities. Due to the mechanism of Locked Staking, where assets are locked up on a blockchain for a fixed period of time, users have to remember to return to the platform and re-stake once the Locked Staking period expires. Many users have told us that they enjoy Locked Staking and would, in fact, love the option of staking their tokens for even longer than what’s offered currently. We strive to bring the best experience to users who choose to lock in their crypto assets on our platform, and we are always responsive to their feedback. To ensure that you don’t miss out on earning opportunities, we launched the new Auto-Staking feature that automates re-subscription to staking products.įind out how you can make the most out of Binance Staking through the latest Auto-Staking feature here.īinance Staking lets users participate in staking in return for reward opportunities in a user-friendly environment through different products like ETH 2.0 Staking and Locked Staking. Seeing that these strategies are likely to yield an unstable and inauthentic community, SAMO intentionally zigs when others zag.Binance Staking lets users lock up their tokens on the platform to earn rewards. Many use deceptive tokenomics, pursue aggressive marketing campaigns purely for price appreciation, urge their members to aggressively self-promote their coin, and even use automated technologies (also known as "bots) to spread awareness via social media. Unfortunately, most meme coins and community coins are founded on disingenuous practices today. Unlike our peers, the SAMO community (dubbed "The Samo Famo") believes that fostering a no-shill, non-contentious, transparent, free-spirited culture is the best path forward. We aspire to be an onboarding and marketing tool for the Solana ecosystem, in addition to a global community where anyone can join to learn more about the Solana ecosystem and traverse it together.
While we take great pride in being the best form of dog money in the game, we aspire to be more than that.
Thanks to the technological advantages of Solana, SAMO is more efficient, eco-friendly, and scarce than other "dog coins," such as Dogecoin (DOGE) and Shiba Inu (SHIB). Our S trategy: Provide market participants with the knowledge, resources, and community to better navigate Solana, crypto, and life. Our Mission: Establish Samoyedcoin as Solana’s ambassador by pushing the limits of what’s possible for a Web 3.0 community. Our Vision: Accelerate the adoption, development, and growth of the Solana ecosystem. While we’re the fastest, most efficient, and most eco-friendly dog moneyin all of crypto, we aspire to be MORE than that we aspire to be Solana’s Ambassador. SAMO is an emerging digital asset that backs a community concentrated on onboarding Solana users, educating market participants, making personal connections, and helping each other navigate life. We take inspiration from all those building in the Solana ecosystem, especially Solana’s Co-founder Anatoly Yakovenko. Seeing the potential of online communities, the advantages of Solana, and the influence dog coins have in onboarding new market participants, marketing their underlying blockchain, and infiltrating modern-day culture, SAMO pivoted from a “memecoin” to an experimental Web 3.0 community coin. Amid the rise of “memecoins” and Solana in 2021, Samoyedcoin (SAMO) was born to promote, educate and support the Solana ecosystem.
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