Ethernity Fixed Staking is Here!

Ethernity Chain
4 min readDec 28, 2021

The time to put your ERN to work is here!

Following the launch of the Ethernity 2.0 roadmap and the Ethernity V2 platform, we’re extremely excited to announce another huge milestone in the Ethernity 2.0 project timeline.

Fixed Staking is live from, January 14th at 3.30 pm EST! 🔥

This launch will be our first step in implementing DeFi applications on the Ethernity V2 platform, and represents our commitment to positioning Ethernity as a front runner in the NFT space.

Fixed Staking will allow ERN holders to take part in single-sided staking of their ERN tokens with subsequent rewards in ERN. We’re offering a selection of rewards in return for those contributing to the ERN community.

What is Fixed Staking?

Fixed staking involves “locking up” a portion of your ERN tokens for a period of time as a way of contributing to the ERN community. In exchange, you will earn rewards, in the form of ERN tokens and NFTs.

Staking rewards

Stakers will earn rewards in exchange for staking their ERN tokens. The weight of the rewards will increase incrementally depending on the duration of time stakers choose to lock their ERN tokens. The longer you choose to lock up your ERN tokens, the higher the share of the rewards you will receive.

Reward 1

In return for staking your ERN tokens for 90 days, we are offering an interest rate of 3% over the 90 day period.

Reward 2

If you choose to stake your ERN tokens for 180 days, we are offering an interest rate of 8% over the 180 day period.

Reward 3

For choosing to stake you ERN tokens for 360 days, we are offering an interest rate of 18.5% over the 360 day period.

NFT Rewards

In return for staking your ERN tokens for 360 days you will also be rewarded with selected Ethernity NFTs.

How to stake your ERN tokens

To begin staking your ERN tokens, simply follow these steps:

  1. Visit the Ethernity Fixed Staking page on the V2 website.
  2. Log in to your Ethernity account, and through the Ethereum network, connect your non-custodial browser based wallet.
  3. Set the duration of time you’d like to stake your ERN for.
  4. Enter the amount of ERN tokens that you would like to stake.
  5. Read the Terms of Service and select agree.
  6. Press the “Stake” button
  7. Approve the transaction via your wallet.

And that’s it! Your tokens are now locked and you have begun staking ERN on the Ethernity platform.

Key Information

The total size for the Ethernity staking pool is 1.5M ERN

  • 90 days: 250K ERN
  • 180 days: 500K ERN
  • 360 days: 750K ERN

The Ethernity Fixed Staking pools work on a first come first served basis. Once a pool’s maximum limit is reached it will be sold out.

Minimum staking amount: No minimum

Maximum staking amount: 50K ERN

Start date and time: January 14th at 3.30 pm EST

Penalty fee: Redeeming in advance will result in loss of 70% of interest that you have earned. Early redeeming will also result in 5-days delay until your assets are returned.

A major milestone in the Ethernity 2.0 Roadmap

The launch of Fixed Staking presents a major milestone in the Ethernity 2.0 project timeline. Ethernity is committed to achieving each step on the Ethernity 2.0 roadmap and will continue to strive to accomplish each and every milestone throughout 2022.

Read more about the Ethernity 2.0 roadmap here

What is Ethernity?

Ethernity is the original authenticated NFT project which auctions verified artwork featuring the top artists and stars from music, film, sports, and entertainment. Each of these digital artworks is represented as a non-fungible token (NFT). The pieces feature well-known public figures and a portion of all funds raised from the endeavor will be donated to charitable causes. Ethernity combines the utility of DEFI and merges it with NFTs to create an exclusive pipeline to rare, collectible content from notable figures and well-established digital artists.

Ethernity Links:

➡️ Website (https://ethernity.io/)

➡️ Twitter (https://twitter.com/EthernityChain)

➡️ Discord (https://discord.gg/EtPCBmDUHY)

➡️ Medium (https://ethernitychain.medium.com/)

➡️ Telegram Group (https://t.me/ethernitychain)

➡️ Telegram ANN (https://t.me/ethernitychainnews)

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Ethernity Chain

Ethernity Chain is a community-oriented platform that produces limited edition authenticated NFTs by your favorite artists and endorsed by those who you admire.