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Staking

MEL$ holders can easily stake their assets and start earning rewards. Please note, staking takes place on the Polygon network. If you hold MEL$ on the Ethereum network, you should first bridge it to the Polygon network.
staking.melx.io
The staking rewards are as following (per may 2022)
  • The baseline APY: 15% No matter how long you will stake your $MEL)
  • The APY will increase after 30 days to 20%
  • The APY will increase after 60 days to 25%
  • The APY will increase after 90 days to 30%