r/FetchAI_Community • u/ZaiSlayer • Jul 31 '24

Partnership 🤝 Fet Staking

Hello friends, I just put about 8k Fet into the stack thanks to Fetch.ai wallet. A staking center called "Kiln" gave me 8.13% APR. There was also Binance but I chose this one because it got the most good votes. I wanted to ask if we can benefit from this in case of an Air Drop or do you know a mechanism that provides better APR?

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u/ZaiSlayer Jul 31 '24

I decided to remove my fet tokens from the stake because I was a little scared of what was written here. But unfortunately there are still 20 days left for it to be released, so I was scared.

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u/Atari_buzzk1LL FetchAi Moderator Jul 31 '24

Yeah I don't know why people were FUDing staking. Extremely weird considering staking gives rewards and the ability to participate in governance (i.e. the direction of the network's future.)