Delegate ACRE with Everstake: 0xc70173901E900a8DF2cD06b883bB66885d6D902E
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Arable is the first decentralized synthetic farming protocol that makes multi-chain farming accessible and convenient for users. At protocol you have access to any farm of any chain with their respective yields. Arable makes this possible by providing synthetic derivatives (synths) of native chain assets. The value of all synths are backed by assets like AVAX, USDT and Arable’s native token ACRE. By delegating ACRE, users are helping to secure the protocol and in return get rewards.
Why delegate ACRE to Everstake?
Delegating ACRE to Everstake will help you to increase your yields safely and effortlessly. Our highly-experienced technical team supports the infrastructure that you can rely on without worrying about losing your funds. We use bare metal servers distributed around the globe, have backup nodes for any emergencies and dedicated DevOps monitoring the network 24/7.
Now Everstake is one of the biggest PoS/DPoS blockchain validators having $6,2b+ total staked assets and 625k+ customers. We have a strong commitment to clarity and transparency of our operations. All our activities are open to the public, and we are ready to answer any questions. Reach out to us on Telegram.
How to delegate ACRE to Everstake?
Check out this guide on how to stake ACRE tokens.
If you are interested in staking ACRE worth $100,000 or more, please email us to get a special offer.
ACRE is Arable’s native token. It is used for governance, fees, providing rewards to validators, liquidity miners, delegators, and stakers.
You can buy ACRE for AVAX on the Pangolin exchange. Use this link to access the page with the ACRE and AVAX tokens selected by default.
By general staking you stake your ACRE tokens directly with the protocol. Delegated staking is the process of staking ACRE with a validator. Staking ACRE directly removes the risk of having to choose and trust a validator, but the APR you get is usually lower. Therefore, you may choose a reliable validator like Everstake and stake safely while maximizing your rewards.
To ensure the stability and security of the protocol, 14 days are required to unbond the funds. During this period the delegator will not receive any rewards. You can find the details about the assets in the state of unbonding in the Unbondings section of the Arable app.
Rewards are distributed per epoch, which is 24 hours. Thus, you can claim ACRE rewards once a day.
You can click the Claim button in the validator’s line to initiate the process, and then follow the instructions.
The size of your rewards is determined by the size of your stake. Currently, the APR that you will receive for staking with a validator is 148%.
APR stands for Annual Percentage Rate. This is the percent that you will receive when staking with a validator. APR should not be treated as constant as it is influenced by a number of factors: the number of nodes, service fee, top-up amount of the pool and of the network, uptime rank. Remember that the more users start staking, the less APR in the network. You may find an actual APR in the Arable app.
APY stands for Annual Percentage Yield and is the projected rate of annual return after taking compounding interest into account. In order to understand how APY is calculated, it is important to understand compound interest. In essence, compound interest is interest earned on previously earned interest.
Have a look at the article with a detailed explanation APR vs. APY: What’s the Difference?
Yes you can. To do this, first click on the Delegate/Undelegate button near the validator you want to move your stake from.