Is staking safe on Binance?

DeFi Staking On Binance DeFi staking can be risky , and for this reason, Binance vets their DeFi staking partners to minimize risks to their customers. However, while DeFi staking on Binance features high APYs, there is still risk involved as Binance is not responsible for any on-chain smart contract security issues.

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How can I stake AXS?

If this is your first time staking AXS, you will first have to connect your Ronin Wallet . To do this, click “Connect to Ronin Wallet.” To stake AXS, simply click “STAKE.” This will open a Ronin pop-up where you can write down how many tokens you’d like to stake.

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What is AXS staking?

AXS staking acts as an incentive for holding AXS and supporting the ecosystem . Stakers receive freshly issued AXS and will be able to signal their support for various proposals to improve Axie Infinity. AXS stakers will eventually direct usage of The Community Treasury.

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