![CHO Staking. Increase your APY and receive additional rewards CHO Staking. Increase your APY and receive additional rewards](/_next/image?url=https%3A%2F%2Fcms.choise.com%2Fassets%2Ffffbce62-70d1-41cf-a063-0a455d164847.png&w=3840&q=75)
Push back your earn limits – meet CHO Staking.
You must have heard about multiple benefits that the Choise.com native token – CHO provides to its owners. They include reduced transaction fees, higher interest rate and many more.
CHO token itself is an attractive idea for those who want to earn more. Since the launch, the token price has marked a considerable increase, from $0.03 to the all-time high of $1.356, with the fully diluted capitalization of CHO exceeding $1B. Besides, the token continues to move against the broad market during the current crypto winter.
Now we are eager to introduce you to additional earning opportunities with CHO Staking – a super simple way to earn on DeFi even for crypto novices.
CHO Staking implies putting CHO tokens into a profit pool – simply locking, and receiving dynamic APY and additional benefits as a result. The solution is already available on Charism.
Additional benefits include:
- Extra yield. Currently APY depends on TVL, but we plan to shift to the decentralized reference soon.
- Monthly rewards. You may claim your rewards every month, and they will be added to your lock. You will receive all claimed rewards after the lock-up period expires.
- DAO voting power* (*will be unlocked later).
How to stake CHO
- Buy CHO.
- Go to CHO Staking on Charism.
- Choose the amount of CHO for staking.
- Choose the lock-up period.
- Submit a staking transaction by tapping on “Approve amount” andenjoy additional benefits.
Withdrawal at expiry
When your lock-up period expires, you can withdraw the tokens by tapping on “Withdraw” in your profile. You can also lock them again by tapping on “Lock again”.