Staking KUJI
Staking KUJI on the Kujira Network with a Kujira validator allows users to earn xKUJI and xUSK over time. All fees collected on the network are paid directly to stakers through the validators, after being converted to KUJI first. This makes it easy for users to accumulate a diversified staking yield rather than just more KUJI. Kujira is also adding the option to redeem staking rewards as KUJI based on popular demand.
Some key points about staking KUJI on the Kujira Network include:
Earn yield bearing xKUJI and xUSK by staking KUJI with a Kujira validator
Fees collected on the network (including airdrops) are paid directly to stakers through the validators
All revenue grows Kujira's TVL
50% of staking yield is in a yield bearing USD denominated stablecoin
Option to redeem staking rewards automatically as scheduled (using Fuzion's DustButler)
Kujira is sustainable and does not rely on inflationary tokens to incentivize staking
Please navigate here if you would like to stake your KUJI.
A more detailed explanation on the nuances of KUJI staking can be found here.
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