Staking
Last updated
Last updated
Staking is a process in the cryptocurrency ecosystem that allows holders to lock their tokens for a set period of time to support the operations of a blockchain network. In return for this support, stakers earn rewards, typically in the form of additional tokens. This mechanism not only helps secure the network but also provides participants with an opportunity to generate passive income from their holdings.
TrumpSwap currently offers staking for two exciting token options: Trump47 and its associated Liquidity Pool (LP) tokens.
By staking your Trump47 tokens, you can unlock remarkable rewards over time, fostering long-term investment and active participation within our platform.
In addition to staking Trump47, you can also engage in LP staking, where you provide liquidity to TrumpSwap and earn rewards on your LP tokens. This dual staking opportunity not only amplifies your earning potential but also contributes to the overall liquidity and stability of the TrumpSwap ecosystem.
