Hungry for APY? Announcing Cryptonovae’s Staking and Liquidity Mining Programs
If you’ve thought that $YAE’s use cases were limited to Cryptonovae’s full-scale launch, you’re very much mistaken. Since we’re avid enthusiasts of double-digit APYs, it’s time to announce the juicy details of our upcoming staking and liquidity mining programs, based on the well-known Ferrum Network.
*excitement-inducing drumroll*
After a quick glance through our company-issued telescopes, we noticed something rather uncanny about Saturn’s moons. Cryptonovae’s logo mysteriously appeared on Pan, Themis, and Titan — is it an unlikely cloud formation or a clear indicator of $YAE’s imminent staking & LMP programs’ kick off?
We’d go for the latter, and to that end, it’s time to announce our three incentivizing loyalty deals.
Pan, the first staking program, entails a base APY of 66% for our beloved HODL-ers. With a two-month lock-up at play, users who stake their $YAE not only obtain the market’s best trading token, but also a guaranteed common NFT created by the one and only Saul Espinosa, a revolutionary concept artist pushing the barriers of sci-fi design.
The rules are simple — Pan has a two-month lock-up on staked $YAE, with early withdrawal possible after 30 days, but with the downside of lower APY expectations for early unstakers. When venturing to Pan, stakers must note that our starship only has enough space for 1 million $YAE — once the threshold is reached, the pool is closed.
If you’d prefer venturing deeper into the vacuum of space, perhaps Themis is a better destination. Our 2nd staking program has a base APY of 78%, coupled with wilder NFT prizes. Themis is rather special to Saul Espinosa, which is why he’s conjuring three unreal NFTs for cherished $YAE stakers.
Most users will receive rare, but guaranteed NFTs, with three lucky participants unlocking an epic NFT that goes beyond human comprehension. Nevertheless, only one staker will have the once-in-a-lifetime opportunity to own Espinosa’s legendary NFT. Do keep an eye out to learn more about how the lucky epic and legendary NFT owners will be picked!
We’ve got rules, but nothing too complex — Themis is backed by a four-month token lock-up period, with early withdrawals possible after 60 days under the lower APY trade-off. This program has a deposit limit of 800K $YAE, with no further participation allowed afterwards.
Fuelled by an insatiable thirst for market revolution, those who dare to mine liquidity on Titan will reap the finest benefits. $ETH-$YAE liquidity providers should expect a sheer 140% APY, coming straight from outer space. NFTs need not apply here, but you can always obtain your unique copy by also joining one or both of the Cryptonovae staking programs.
We’re keeping it simple here — there’s a one-month capital lockup, with early withdrawal possible after five days under the acceptance of lower APYs.
Let’s Get Started!
Our staking program is scheduled to commence on the 15th of April, at 14:00 UTC. On the other hand, the liquidity mining shuttle will depart a day later, on the 16th of April at 14:00 UTC. Do keep in mind that contributions are only open for seven days in the case of each program.
Only join via our official portal — staking.cryptonovae.com
About Cryptonovae
Cryptonovae is building a secure all-in-one trading ecosystem, allowing seamless access to a multi-exchange trading interface. Powered by highly modular features, a turbocharged charting engine, support for trading strategy deployment and its very own marketplace, DEX and CEX traders no longer have to rely on dozens of platforms for their trading needs. Through its native $YAE token, users may take advantage of fee waivers, cumulative rewards, and many other benefits.
To learn more about Cryptonovae check out below and don’t forget to subscribe to our newsletter here
Investing in YAE tokens involves the risk of a partial or total loss of the investment. There can be no assurance as to the liquidity of the tokens acquired during the offer, the existence of a secondary market for such tokens, the value of the tokens acquired during the offer, and the equivalent value of these tokens in foreign currency. The YAE tokens do not constitute financial instruments within the meaning of European regulations (MIFID) and do not confer any other rights than those described in our pitch deck and technical white paper. In addition, the regulatory framework applicable to the offer and to the tokens and the tax regime applicable to the holding of the tokens is not currently defined in certain jurisdictions.
