Battle Infinity Fantasy Sports Offers 25% IBAT Staking APY
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Battle Infinity is a gaming platform with several P2E (Pay-to-Earn) battle games. The IBAT Battle Arena is a metaverse universe where all games can be played together.
Players of Battle Infinity can do more than fight and explore the expansive Metaverse environment. Here, users can participate in group activities, showcase their talents, observe others, and explore the Battle Arena environment.
With its brand new staking platform, Battle Infinity, a new metaverse game where players can work toward financial rewards, is offering an annual percentage yield of 25%.
Now is the time!— Battle Infinity (@IBATOFFICIAL) September 24, 2022
The staking is now live and you can stake your $IBAT by visiting https://t.co/709984B92P
Read here for more info: https://t.co/aguwqVhm8c
Types of staking: Flexible Staking and locked staking.
Note – 8000 $IBAT is minimum to stake. pic.twitter.com/aMC2AuR5v4
Can we trust the Battle Infinity (IBAT) token price now? Let’s find out!
Battle Infinity Offers 25% APY via Staking
Battle Infinity, a top-tier proof-of-stake platform, released a new staking protocol on September 25th, 2022. This platform, which is based on the metaverse, provides a number of methods for players to earn IBAT, the platform’s native cryptocurrency while playing games.
Battle Infinity is a multi-functional platform that features its own metaverse, decentralized exchange (DEX), and NFT market. Battle Infinity’s P2E feature, the IBAT Battle Swap, is, nevertheless, the main reason for the game’s meteoric rise in popularity.
What is IBAT Staking?
When you stake your IBAT, you retain possession of them. To gain rewards and other perks to generate passive revenue, you must stake your IBAT for a set length of time. This is referred to as staking.
Advantages of IBAT Staking
- IBAT staking is a simple way to earn interest on your IBAT investments.
- There is no hardware required for IBAT staking.
- Aids in the generation of passive revenue.
- IBAT stakeholders have special benefits.
IBAT has enhanced its platform with decentralized flexible and locked staking.
With this style of staking, users can lock a specific number of tokens on the IBAT platform and earn 12% APY on those tokens.
Users can also re-stake the interest generated on those tokens at any time and withdraw their funds.
To receive a full percentage of APY, a user must lock a specified quantity of tokens for a specific amount of time. However, if you choose to unstake before the restricted period, a 10% fee will be levied, and users will not be paid for their staking.
IBAT Total Value Locked in Staking
Over $4.6 million in IBAT has been staked since the launch of the Battle Infinity staking program.
It’s been barely a week since the staking was launched and we have crossed the benchmark of $4 million TVL.— Battle Infinity (@IBATOFFICIAL) September 30, 2022
This comes to a total of almost 40% of the circulation supply locked into staking.
Still haven’t staked your $IBAT?
Stake here – https://t.co/qKPKEXJbp9#IBAT #Staking pic.twitter.com/Hf9nOFg8le
Investors in the project’s future are taking advantage of the stakes’ 25% annual percentage yield.
IBAT Total Value Locked – Source: dapp.battleinfinity.io
Significantly more than 40% of the total supply in circulation has been staked, and the vast majority of that has been locked rather than deposited into flexible staking, which is a huge achievement for the Battle Infinity community.
Considering the popularity of IBAT, it’s consistently trending on coingecko. Therefore, IBAT’s price is likely to stay supported.
Battle Infinity Price & Tokenomics
Battle Infinity’s current price is $0.003038, with a 24-hour trading volume of $241,422. In the last 24 hours, Battle Infinity has gained 0.31%.
CoinMarketCap now ranks it at #3242, with a live market cap of not provided. There is no circulating supply and a maximum supply of 10,000,000,000 IBAT coins.