The Sunday newspaper disclosed that independent lawmaker Kim Nam-guk received staking rewards from a virtual asset wallet. Amid a prior controversy over coin holdings, Kim abstained from activity in his Klayton-based coin wallet, Klip. However, a transaction occurred at 4:27 on October 29, where Kim staked 39,172 KSP on Clayswap, earning 3491 KSP (valued at approximately 2.3 million won) as a reward, with a current staking rate of return at 22.43% annually. Kim subsequently restaked this reward, acquiring 27,928 vKSP. 📰💼 #CryptoStakingRewards #LawmakerKSPTransaction

1. PancakeSwap's decentralized exchange ($CAKE) plans to distribute a share of trading fee revenues, amounting to millions of dollars, to CAKE token stakers through the Revenue Sharing Pool (RSP)

2. The RSP will offer a 5% cut of trading fee revenues to Fixed-Term CAKE stakers weekly. The revenue will be generated from all PancakeSwap v3 pairs under the 0.01% and 0.05% fee tiers.

3. PancakeSwap's total v3 trading volumes have surpassed $12.5 billion, suggesting significant potential for Fixed-Term CAKE stakers to earn substantial rewards.

4. The RSP launch is scheduled for August 9, enabling CAKE token holders to benefit from the exchange's growth and retrieve rewards through the "Claim" option on the platform. Weekly distributions will begin shortly after.

#PancakeSwapRSP

#CryptoStakingRewards

#DecentralizedExchange