Battle Infinity Blockchain Game Offers 25% Staking APY - Time to Buy?
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Battle Infinity, a new play-to-earn metaverse game, offers 25% APY through its recently launched staking platform. As more than 40% of Battle Infinity (IBAT) tokens have been staked, is it right to buy the cryptocurrency? Let’s find out.
One of the best proof of stake platforms, Battle Infinity, launched its new staking protocol on the 25th of September, 2022. A metaverse-based ecosystem, this platform offers multiple in-game earning opportunities by leveraging IBAT - the native cryptocurrency.
A multi-use platform, Battle Infinity offers access to its own metaverse, decentralized exchange (DEX) and NFT marketplace. However, Battle Infinity has soared in popularity through its P2E feature - the IBAT Battle Swap.
The IBAT Battle Swap offers IBAT flexible and locked staking opportunities for all IBAT investors. Flexible staking allows investors to earn 12% APY (Annual Percentage Yield) and the ability to withdraw tokens at any given time.
As the lock-up time increases, so does the return. For example, a 30-day lock-up period provides a 14% yield, while the return increases to 17% for a 90-day lock-up. 6 months of locked staking results in a 20% APY, while investors can earn a high of 25% APY by locking IBAT for 360 days.
Providing some of the highest returns among any cryptocurrency in 2022, Battle Infinity has positioned itself as one of the best altcoins to invest in for staking and passive income.
In August 2022, Battle Infinity (IBAT) sold out its 3-month presale in 24 days. After the presale success, IBAT launched on PancakeSwap - one of the top decentralized exchanges in the
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