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On April 13, LunarCrush will introduce a DeFi protocol called LunrFi for its customers, allowing them to start staking the native Lunr token for monthly payouts of up to 25%.
LunrFi will first provide users with staking options using its native token Lunr, with a monthly return of up to 25%.
They claim that LunrFi will have no influence on Lunr’s tokenomics and that its Defi initiatives will benefit the ecosystem.
Users can earn up to 8% by staking
LunarCrush is a crypto intelligence service that gathers data on Bitcoin, altcoins, and exchanges from social media and provides users with a variety of tools to use that data to become better informed.
Lunr, the company’s native token, is built on the Zilliqa blockchain and presently works with Ethereum and Binance Smart Contracts.
Users will be able to stake their Lunar for a minimum of one month and a maximum of 12 months, with the percentage, earned growing every three months.
Users can earn up to 8% by staking for a month, and larger yields are available with longer vesting periods.
Staking for a year, for example, can result in monthly passive dividends of up to 25%. Users can also choose to forgo incentives if they want to finish their stakes early.
Following extensive feedback and testing, LunarCrush stated it has focused extensively on establishing an easy-to-use staking interface.
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Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
