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Binance (BNB) Launches Terra Virtua (TVK) Staking Program with Ultra-High APY

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Thu, 05/06/2021 - 14:46
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Vladislav Sopov
Core native asset of leading digital marketplace for non-fungible tokens (NFT) is now avaliable for staking with super-high yield
Binance (BNB) Launches Terra Virtua (TVK) Staking Program with Ultra-High APY
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Terra Virtua Kolect (TVK) is the core native utility token of Terra Virtua, the ecosystem for digital collectibles. Here is how much Binance (BNB) offers for its staking.

Record-breaking APY for TVK

According to a joint official announcement by world-leading cryptocurrency exchange Binance (BNB) and digital collectibles platform Terra Virtua, an exclusive staking initiative launches on May 6, 2021.

Binance offers almost 50% in APY for TVK staking
Image via Twitter

Starting from 12:00 p.m. UTC, TVK assets can be deposited to the staking contract in the "Locked Staking" module of the "Savings" dashboard of Binance (BNB) exchange.

Within a 15-day staking program for deposits between 10 and 750 TVK ($5.60-$420 at press time), eye-watering APY rates of 47.67% are offered.

Other programs for 30, 60 and 90 days are launched with 9-18 percent in APY. The offering is limited: stakers will be onboarded on a "first come, first served" basis.

Terra Virtua develops NFTs for art enthusiasts and gamers

Deposits between 10 and 50,000 TVK are accepted for this staking initiative.

Terra Virtua is a unique multi-directional project focused on the red-hot segment of digital collectibles. Under its umbrella, numerous collections for art fans and gamers were deployed to a decentralized marketplace.

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About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)