Staking

The Staking section of the ENO ecosystem introduces users to the concept of staking, a mechanism that allows them to earn passive income by locking their ENO tokens for a specified period. Through staking, users contribute to the stability and growth of the ENO ecosystem while earning rewards in return.

Staking Mechanism: Staking involves locking a certain amount of ENO tokens in the platform for a predetermined period. In return for staking their tokens, users receive rewards in the form of additional ENO tokens. However, it's important to note that due to the limited supply of tokens and the increasing number of participants in the ecosystem, the APY may decrease gradually over time.

Flexibility: One of the key features of the staking mechanism in ENO is its flexibility. Users have the option to stake their tokens at any time, providing liquidity when needed.

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