Recently Equilibrium, the company behind the EOSDT stablecoin, has released a new product which is a staking pool platform allowing to earn 3 different cryptocurrencies and tokens, EOS, EOSDT and NUT.
Each of these cryptocurrencies allows earning different percentages: 2.04%, 2.31% and 11.50% with NUT (Native Utility Token) which is the governance token of EOSDT.
A few things are required to be able to interact with the platform:
- An EOS wallet, either Scatter, Token Pocket or Keycat;
- EOS, EOSDT or NUT tokens.
After launching the wallet, it will be necessary to connect to the staking platform and connect the wallet using the button at the top of the screen.
At this point, it will be necessary to enter all the information about the various tokens along with the relevant percentages, the current supply, the unstaking time and the minimum amount to be locked.
After choosing the preferred pool, simply enter the amount to be staked and the profit will be automatically calculated.
Next click on “Continue” and confirm the transaction on the wallet.
This platform allows users to earn as much as 11,50% on the crypto staked, in this case, NUT.
The current price of NUT is a little less than $24, or $9 in EOS and, since it takes a minimum of 2 NUT to stake, all that is needed is to double the figures and then the profit is just under $50, without paying fees or making transactions.
But that’s not all, because if we combine this platform with the one for generating the EOSDT stablecoin, it’s possible to use EOS to get EOSDT and have a rate of 2.4% per year with a minimum fee and, with the EOSDT obtained, buy NUT tokens and place them in this pool.
This system will allow you to earn twice from the EOS crypto staked, so 2.4% + 11.50% which is 13.90% per year, a very impressive figure when compared to the other pools that are on the Ethereum (ETH) blockchain.