Lithium Finance is a very first-celebration information oracle that leverages proprietary technical methodologies to assess personal and illiquid assets. Powerful Lithium Data Oracle makes use of sophisticated blockchain engineering to collect details from a massive pool of authorities on a broad selection of subjects.
In early August 2021, Lithium launched a pre-staking plan for early LITH token holders and protocol supporters with up to 60% APY and an more twenty% APY staking bonus. Spending the consumer will get 80% APY).
The interesting staking plan is even now ongoing and will carry on until finally the mainnet launch.
Note that the complete staking reward is accrued primarily based on the proportion of LITH tokens it is putting in the pool. Prizes will be distributed weekly and calculated on a per block basis.
Participants can cancel staking at any time without having penalty, except 1 week in advance of the launch of the Lithium mainnet.
The complete rewards distributed every week will be about three,150,000 LITH, of which four,200,000 LITH in the very first week.
LITH stakeout procedure
- Access to www.staking.lith.finance and connect the MetaMask wallet.
Connect the Metamask Wallet - View an overview of the latest APY and rewards.
- Select “staking” to join the pre-staking plan.
- Select the quantity of tokens you want to wager (consumers can also pick out “maximum” if they want to wager all readily available stability).
Select the volume of LITH you want to bet - Confirmation of the transaction in the MetaMask wallet.
- It’s finished! I’m just waiting for the reward.
Process of canceling staking
- Access https://staking.lith.finance and connect the MetaMask wallet.
- Click the “Cancel Quota” button
Click the cancel quote button - Users can declare the rewards accumulated following the staking is canceled and please note that this rewards accumulation will finish following the consumer withdraws from the platform. Please get in touch with Lithium if consumers expertise any challenges.
About Lithium Finance
Lithium Finance is an Oracle pricing information platform that allows the pricing of illiquid assets. Lithium Finance gives consumers with accessibility to restricted key industry (OTC) price tag information which is usually held by brokers, senior executives or M&A authorities with lots of many years of expertise. Lithium Finance is a platform that encourages public information sharing and privacy. The task will reward consumers who offer straightforward details and punish individuals who offer incorrectly priced information. From there, the industry will have accessibility to the costs of all challenging-to-worth assets this kind of as pre-IPO stocks, personal equity and other illiquid assets.
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