Ninjastic
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Re: ⚡️⚡️⚡️PolkaSyndicate ⚡️⚡️⚡️ Polkadot Parachain Community With Enhanced Rewards
by
Iminingpro
on 23/05/2021, 08:46:54 UTC
⭐ Merited by Ratimov (1)
Quote from: altixz on May 22, 2021, 08:59:51 AM
Quote from: bblack234 on May 21, 2021, 08:19:09 PM
Quote from: Garsipop on May 20, 2021, 10:02:11 AM
I see that now many projects use Polkadot blockchain for staking. What are the advantages of your project and how PolkaSyndicate is differ from other projects with staking which use Polkadot blockhain?

When you crowdloan any of your Polkadot to a parachain auction you cannot earn DOT staking rewards at the same time during the entire parachain lease duration. This can be a problem because the lease period can be between 6-24 months.

With PolkaSyndicate all you need to do is stake 2,000 PSYN tokens and you will earn PSYN staking rewards and parachain rewards at the same time.

As I understand with PolkaSyndicate  you will be able to get double income from staking. Is reward parachain system is working now or it will be realized in future.

I checked their twitter https://twitter.com/PolkaSyndicate/status/1395435661453369348. Polkadot has the best staking conditions. If it will be possible to receive rewads from parachain the staking conditions will become even better than standart.