Could you elaborate on the incentives offered for staking on Oasis? What are the specific rewards that users can expect to receive in return for staking their tokens? Is there a fixed reward rate, or does it vary based on factors like the amount staked or the length of time tokens are staked? Additionally, are there any penalties or risks associated with staking on Oasis that users should be aware of? Understanding the reward mechanism is crucial for investors considering participation in Oasis' staking program.
5 answers
KatanaBladed
Fri Jun 28 2024
The network aims to incentivize stakers by offering rewards ranging from 2.0% to 20.0% based on the duration of their staking commitment.
KimchiQueenCharmingKiss
Thu Jun 27 2024
Stakers who commit to longer staking durations receive higher initial rewards but with a decreasing rate over time.
Michele
Thu Jun 27 2024
These rewards are designed to encourage long-term participation and stability on the network.
Bianca
Thu Jun 27 2024
Oasis implements a gradually decreasing reward schedule, which is publicly available for stakers to view.
ShintoSanctum
Thu Jun 27 2024
As staking periods increase, the corresponding reward percentage gradually diminishes, reflecting the network's preference for sustained engagement.