Are you holding Aethir (ATH) tokens? There might be a way for you to get more out of your investment. From staking tokens in their Gaming or AI pool to farming them on Sophon, enough ways to put your ATH tokens to work! Find out what the benefits could be for you in this short read below.
ATH Staking
Staking Aethir tokens offers an exciting way to earn rewards while holding onto your assets. By contributing to the Aethir ecosystem, rewards from their Gaming and AI partners as well as ATH tokens will come to those who stake their ATH. With user-friendly options and other attractive yields, staking could be a great choice for both new and seasoned investors looking to make the most of their crypto holdings.
Want to find out how to stake your ATH, or want to know about the ins and outs of Aethir in the first place? Read our in-depth coinreport on Aethir here.
ATH staking for the AI pool
Having started on August 15th, staking your ATH tokens in the AI pool makes you eligible for a share of $30 Million in bonus emissions. Rewards are dropping every Thursday, making it possible to claim them immediately every week. With around 15 weeks having passed since the beginning of August, it means that there are still about two months of bonus emissions to come! As of this moment, ATH holders staking in the AI POOL for 4 years earn around 268% APY.
So, good to know: the more ATH staked and with a longer duration, the higher the percentage of weekly rewards. Be aware though, ATH tokens staked can only be redeemed after the chosen period for staking. Until then, your tokens will remain locked. The ATH rewards you receive for staking are not locked, and can be claimed every week.
ATH staking for the Gaming pool
Another way to make use of your tokens is the gaming pool for staking. With an APY of around 60%, this may seem like a less attractive option. However, having had this huge bonus the past months for the AI pool stakers, who knows what the future may hold for the ATH-Gaming pool. Ofcourse, stakers are also allowed to spread their tokens between the two pools.
Earning points on Sophon
A third and last nice option for ATH stakers would be Sophon farming. Upon staking ATH in a chosen pool, your ATH will be converted into stATH (staked ATH). This stATH is transferable and can be used to farm on Sophon. By farming there, SP (Sophon Points) will be earned. Besides ATH, many more tokens can be put to farm there as well: Beam and Ethereum for example, are two other possibilities.
Further information about the use of earned SP is yet to be released, as the Sophon Mainnet will go live somewhere in November this year. Also good to know here: farmed tokens can be withdrawn at any chosen time.
Conclusion
Are you looking for a way to get the most out of your ATH tokens? Staking and farming might be appealing! Don’t like to lock your tokens and want to be able to trade them quickly? Maybe then staking them is not for you. Pick whatever fits you most, and bear with us for the exciting coming months for both Aethir and Sophon!
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