Thorstarter is the first IDO launchpad meets decentralized liquidity and investment DAO.
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- How to Stake XRUNE?
- How much can I earn Staking XRUNE?
- Any risks to Staking XRUNE?
- What are long-tail and short-tail assets?
- Will any IL protection be given to the investors?
Staking XRUNE is relatively easy and straightforward.
Start by getting some XRUNE in your Ethereum Wallet (we recommend using Metamask in connection with Ledger), also you’ll want to have some ETH in the wallet to help cover gas fees.
Next, head on over to https://thorstarter.org/stake/ and connect your wallet. Once connected enter the XRUNE staking portal and define the amount of XRUNE you want to stake. Through this portal, you can Stake, Unstake, and Claim your rewards.
To estimate your staking rewards visit the XRUNE Staking Rewards Advanced Calculator.
The amount of XRUNE you will earn is based on a Block Reward, the Ethereum Block Time, and the percent of XRUNE participating in the staking contract.
The current Block Reward is around 5 XRUNE per block.
It is important to note that the block rewards are funded by inflation of the XRUNE asset.
For more information on these Metrics and a display of the XRUNE staking APY please visit the Thorstarter Asset Page on Staking Rewards.
There are smart contract risks associated with Staking XRUNE.
There are no lock-up periods or minimums when staking XRUNE so it is considered to be a low risk from this flexibility standpoint.
There is also a risk that liquidity could be removed from the liquidity pools supporting asset trading in secondary decentralized markets.
Short-tail assets are high volume/fee-generating assets.
THORChain will support them, but only 100 slots will be available in THORChain.
THORSTARTER connects long-tail assets to THORChain.
Thorchain’s standard IL protection applies to the XRUNE-RUNE pools, which goes into effect after 100 days in the pool.