⛏️STAKING / FARMING

The native SNK token is available for staking and farming. A player can get passive income from staking/farming separately from playing Cryptosnake arena.

APY for SNK staking depends on the period of blocking of funds, their volume and the fullness of the pool. Those who stake more SNK for a longer period and do it earlier than others have an advantage over those who, accordingly, stake less SNK for a shorter period and later.

SNK solo staking options:

• Lock for 30 days - 3-7% APY. Maximum pool size: 5,000,000 SNK

• Lock for 60 days - 5-11% APY. Maximum pool size: 15,000,000 SNK

• Lock for 120 days - 7-15% APY. Maximum pool size: 20,000,000 SNK

SNK farming uses SNK LP tokens (available on PancakeSwap) and BUSD stablecoins. APY for farming also depends on the period of blocking funds, their volume and the fullness of the pool.

Parameters for LP farming:

• Min APY: 15%

• Max APY: 44%

• Maximum farming pool size: 70.000.000 SNK

Accumulated interest on staking and farming can be withdrawn anytime without restrictions.