Crypto.com has officially added LION to its DeFi Staking program, allowing users to earn up to 180% rewards. This expansion allows stakers to maximize their holdings while participating in the Loaded Lions ecosystem.
What is DeFi Staking?
DeFi Staking is a pass-through service that provides users with a simple way to access DeFi yield from various protocols. Crypto.com users can stake tokens with no limits and earn up to 34.99% in rewards.
By locking tokens in DeFi protocol vaults for a fixed period, users support network operations and receive periodic rewards proportional to their staked amount. This feature currently supports multiple assets, including CORGIAI, MTD, VVS, BARA, and now also LION.
What is LION?
LION serves as the financial backbone of the ‘Loaded Lions’ project and the core utility token within its ecosystem. It is available on the Cronos EVM chain and Solana, planning to expand to other ecosystems.
Token holders can stake LION in on-chain vaults and Crypto.com programs to receive generous rewards, special App perks, and Loaded Lions: Mane City benefits. Over time, LION will also grant holders governance rights, allowing them to shape the future of the Loaded Lions ecosystem.
Where Can You Trade LION?
LION is available for trading on WolfSwap, VVS Finance, the Crypto.com App, Exchange, and Onchain non-custodial wallet.
Source: Crypto.com
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