Gear up for the 5th $TBC staking pool!
Didn’t get the chance to stake in our first four staking pools? We’re coming up with another one, launching on December 3rd, 2022, at 5 PM UTC, with many rewards to earn!
Here’s a sneak peek into our 5th staking pool:
Our 5th staking pool is powered by TeraBlock’s native token $TBC, and offers additional rewards, including discounts on the TeraBlock ecosystem and payback rewards.
Catch more details about our upcoming staking pool below:
-| Type: Non-Custodial
-| Pool size: 10,000,000 $TBC
-| Network: Binance Smart Chain (BSC)
-| Staking period: 12 Months
Here’s why you should stake in TeraBlock’s staking pool FIVE
- Navigate market downturns:
Staking can be a great way to weather a crisis-ridden bear market. Locking your crypto for a set amount of time allows you to continue making consistent small gains while generating passive income.
- Receive more tokens without buying new ones.
With staking you can get your idle tokens to work for you on the blockchain.
About TeraBlock Earn
TeraBlock aims at providing a unified gateway to the world of DeFi. The TeraBlock ecosystem consists of a suite of DeFi instruments that allow users to invest, hold and exchange crypto assets in a safe and decentralised manner. TeraBlock has already launched a series of high-yield staking pools that are suitable for both beginners and mainstream investors.
Staking enables users to earn reliable returns simply by locking their TBC in the staking pools. In addition, TBC holders can use TeraBlock staking to put their tokens to work and earn passive income.
Read more about our first four staking pools
The first trustless and non-custodial TBC Staking pool was launched on April 22nd, 2022, under the “TeraBlock Earn” Protocol. The pool was launched on the Binance Smart Chain network with a pool size of 10,000,000 TBC. The pool reached its saturation limit within an hour of the launch. This overwhelming response and demand from the community led to the launch of the second, third and fourth staking pools.
Furthermore, the platform seeks to promote the widespread adoption of decentralised finance and believes that one shouldn’t have to be a seasoned crypto trader to grow their portfolio. Hence, the platform incentivises everyone to acquire and hold TBC.
$TBC Staking pool rewards:
- TBC stakers earn rewards in the form of $TBC Fees Payback as well as a Fee Discount based on their staked deposit, redeemable at the end of the staking period.
- A part of the fees generated on the TeraBlock platform is distributed among the stakers as loyalty rewards.
- Depending on their staked deposit, $TBC stakers get fee discounts across the TeraBlock ecosystem.
Aiding the adoption of Defi:
TeraBlock is bypassing the norms of centralised finance and approaching the new world of decentralisation by enabling its users to access services that were difficult to achieve in a centralised structure.
The TeraBlock staking protocol enables stakers to unstake their $TBC anytime they wish during the 12-month lock-in period. However, unstaking the tokens before the completion of the lock-up period will make the stakers ineligible to earn fixed interest.
Apart from this, TeraBlock does not charge any staking fees. Users are required to pay only the gas fees of the network while staking and unstaking their $TBC tokens.