APY

Why staking make sense

Generating Passive Annual Percentage Yield (APY) through $LUKT Staking

Opportunity for Passive Earnings: Staking $LUKT tokens presents a valuable opportunity for users to earn passive income through Annual Percentage Yield (APY) in $LUKT tokens. This aspect is a major draw for participants seeking to benefit from their investments in the ecosystem.

Interest Accumulation via Staking Algorithms: Utilizing advanced staking algorithms, the system compounds interest on held $LUKT tokens over time. This strategic implementation fosters a rewarding investment environment, encouraging long-term engagement within the ecosystem.

Enhancing Market Stability: By locking in $LUKT tokens through staking, the available circulating supply decreases, which naturally dampens market fluctuations. This process plays a critical role in bolstering the economic foundation of the Luckaton ecosystem, ensuring a more stable market environment.

Encouraging Sustained Participation: The prospect of earning APY serves as a financial incentive for users to sustain their engagement with the platform. This incentive is especially important for bolstering community involvement and loyalty, even during times when active betting in Luckaton battles may be lower.

This structured approach to staking $LUKT not only rewards users with passive income but also strengthens the Luckaton ecosystem's economic stability and community engagement.

APY Rate

The APY Rate for players is variable, meaning it can fluctuate based on certain factors. However, once tokens are locked, their APY rate will remain unchanged for the duration of the lock-in period.

The rate will depend on various factors such as the number of active players and the total amount of tokens allocated for APY rewards.

This ensures that while the overall APY may vary, the rewards for locked tokens will stay consistent throughout their lock-in period.