$SKRT Staking via Sekuritance is LIVE!

Sekuritance
2 min readMay 13, 2022

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We are really happy to announce that you can now stake your $SKRT tokens within our portal, it will let you earn a huge APR by depositing your tokens. This is a major step in the road for wider $SKRT use.

Once you deposit your $SKRT tokens, they’ll be locked for 90 days or 180 days depending on the pool chosen, but it is important to keep these tokens within the staking pool for the whole year or 18 months depending on the pool chosen so as to not receive penalties. In this first release we’re supporting MetaMask wallet, so if you own a Ledger Nano or Trezor and any other wallet that can be attached to MetaMask, you can use it to stake your tokens.

$SKRT tokens are staked through Polygon (MATIC) network, so you can avoid high gas fees.

What is the minimum and maximum stake amount?

50,000 SKRT tokens is the minimum stake amount, and 25,000,000 SKRT is the maximum. If you’d like to stake more than 25,000,000 SKRT, you may do so continuously via the platform.

What are the staking pools available?

First Staking Pool:

  • Staking Maturity: 12 months
  • Rewards: 17% to 25% APY
  • Pool Capacity: $SKRT 50M

Second Staking Pool:

  • Staking Maturity: 18 months
  • Rewards: 12% to 20% APY
  • Pool Capacity: $SKRT 75M

What are the rewards of being a Sekuritance staker?

Sekuritance is allocating anywhere between 12% to 25% APY depending on the amount of tokens you want to stake via the Sekuritance portal, and the pool chosen.

First Staking Pool:

  • 50K+ SKRT with 17% APY.
  • 500K+ SKRT with 20% APY.
  • 1.5M+ SKRT with 22% APY.
  • 3M+ SKRT with 25% APY.

Kindly note that the SKRT tokens you wish to stake are locked for 90 days upon staking.

Second Staking Pool:

  • 50K+ SKRT with 12% APY.
  • 500K+ SKRT with 15% APY.
  • 1.5M+ SKRT with 17% APY.
  • 3M+ SKRT with 20% APY.

Kindly note that the SKRT tokens you wish to stake are locked for 180 days upon staking.

More important FAQs can be found here.

Kindly note: Given staking for $SKRT is now live. There will be several changes to the snapshot reward system for $SKRT, which will be discussed further next week after the 7 day 7 announcements.

About Sekuritance

The Sekuritance RegTech provides a single platform for every compliance need within a business, including end-to-end KYC, KYB, AML, vendor management, beneficiary onboarding, investor check, card processing MFA checks, blockchain wallet checks, cyber-risk assessments, and other RegTech and Business Process Management requirements.

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Sekuritance
Sekuritance

Written by Sekuritance

A CeFi and DeFi RegTech ecosystem delivering top compliance, regulatory, transaction monitoring and identity management to merchants and individuals!

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