CKB launches new staking tool NervDAO, users can easily earn up to 3.7% APY

The CKB Devrel team announced the official launch of NervDAO, a staking tool based on CKB's native infrastructure Nervos DAO, to provide CKB holders with a more convenient staking experience.

Through NervDAO, users can easily stake and withdraw CKB using a variety of mainstream wallets such as JoyID and OKX Wallet, obtain staking income, and significantly reduce the threshold for participation. In the future, NervDAO plans to integrate FT staking voucher iCKB to further enhance functionality and liquidity, achieve flexible and efficient asset management configuration, and help the entire network develop rapidly.

Nervos DAO is an important economic model infrastructure of CKB. CKB has an additional issuance mechanism to incentivize miners to maintain network security and decentralization. Nervos DAO allows users to resist potential dilution and earn rewards by staking CKB tokens to build a balanced and sustainable economic system. Nervos DAO offers a maximum APY of 3.7%. Currently, 23,000 addresses participate, with an average staking period of 921 days. About 8.8B CKB has been staked, accounting for 19.6% of the total circulation.