- Purpose:
- Allows members to earn immediate Ethereum yield rewards.
- Accumulate more yields over time.
- Features:
- Initiate a new pool from the Reverse Staking page.
- Important to read and understand the term details before proceeding.
- After initiating and paying the ETH gas fee:
- Receive immediate ETH rewards.
- Lock your VY tokens in the Reverse Staking treasury.
- Tracking and Management:
- Monitor your staking pools with the My Stake page on the Dashboard.
- Access the current Yield Rate and available Yield on the Dashboard.
- Formula:
- Daily Burn accrued = (yield claimed*0.032877%)/current Yield Rate
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