Staking is the process by which participants in a network earn rewards by locking their coin or tokens into cryptocurrency wallets to validate network transactions or to supply liquidity to others.
Staking is a very normal phenomenon in the crypto space. Practically every crypto or token project caries out the act of staking in order to provide adequate liquidity to a project and also validate network transactions.
Staking for the Lauric Coin (LUR) token will be launched in the first quarter of this year 2024 and it’s going to be an amazing bu exceptional opportunity. The video below explains everything.
Staking of the LUR token will yield participants an annual profit of upto 165% APR. The important part of this staking is that staking profits are paid in a stable crypto asset like USDT. Which means participants who engage in staking would not need to bother about price fluctuations. After your chosen staking period, your LUR token will be refunded back to you. Read how to participate in this high yield staking below.
To participate in the LUR Staking, you must do the following.
–Buy a staking License from the official staking site,
–Buy the required quantity of LUR token expected to be staked by the capacity of your License.
–Stake your purchased LUR tokens and start earning stable rewards on daily bases in USDT.
–After staking your LUR tokens, you are entitled to your daily rewards or profits for the next 365days(1year) provided you staked on the same day that you purchased your Staking License.
–There shall be upto 7 Staking Licenses. From the least License costing $50 to the biggest License costing $5,000. Each Staking License will be differentiated by their capacity. The higher the cost of the License, the bigger the capacity of the License.
The Staking opportunity will enable participants to earn in two different ways. First they can earn as investors by buying their license and then stake LUR tokens or they may earn additional profits by joinning the affiliate system that pays in 5 major ways for referring people to buy the License.
Staing for the LUR token will be launched in this first quarter of the year. So let’s get ready for the explosion in the crypto space.
If you decide to be active in the system by joining the active partners you will earn addition income from the purchase of License by your downliners through 5 different means. You can earn Direct bonus of 20%, Team bonus of upto 10%, Rank bonus of upto $60,000, Infinity Bonus of upto 9% and Fast Start Bonus of upto 10%.