Christchurch, New Zealand--(Newsfile Corp. - March 29, 2022) - The Ruby Play Network is pleased to announce the launch of staking and farming opportunities for the RUBY token, in partnership with blockchain gaming counterparts - Strawberry. The $RUBY token can now be staked and farmed through a variety of third party platforms, with attractive APR and APY available, depending on number of coins, staked terms and the users' staking platform of choice. At time of writing, the current APY for Rubies on ApeSwap is 281%.
The partnership with Strawberry allows for defi and blockchain gaming opportunities to be realised, with Strawberry providing liquidity to all DeFi markets. With how compliant the initial RUBY private sale needed to be, the opening of DeFi markets through Strawberry provides further passive income options for investors, without the Ruby Play Network offering the staking facility directly.
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Ruby Vault, ApeSwap & ACY: RUBY Staking Options
The $RUBY token is a decentralized cryptocurrency that relies on Proof-of-Stake consensus in order to facilitate the movement of money on the blockchain. Therefore, staking tokens can be a way for investors to "lock" up their tokens for a chosen period of time, and earn crypto rewards based on the amount of transactions their tokens have helped facilitate.
The Ruby Vault provides a staking...
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