What is Lumturia Bank Defi Staking?
DeFi, or decentralized finance, is a financial system that operates on smart contracts instead of through a central institution such as a bank. DeFi staking,
therefore, is essentially locking up your cryptocurrency in these smart contracts for a period of time to earn rewards or interest.
DeFi staking is pretty much similar to how traditional staking, interests or fixed deposits works – you lock some funds and
receive a percentage of interest or reward for it at a given frequency. Despite being similar, DeFi staking is totally different from traditional passive income sources for various reasons.
Putting funds into a DeFi Trading account is not the only way that you can generate a yield in the
decentralized finance sphere. On the contrary, you might also consider staking. Staking allows you to earn an attractive APY simply for locking your tokens away for a year which yields are much higher when going through Lumturia Bank DEX (decentralized exchange). For example, our leading DEX DeFi Swap allows you to earn an APY of up to 250% when staking your
tokens for 365 days. You can earn a slightly less attractive yield when staking for 30, 90, or 180 days.
Either way, once your chosen term has expired, you will receive your tokens back alongside the interest that you have generated
Join the Lumturia Bank DeFi Staking club for free today and grow your wealth at a much faster rate
Open Free Account