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Binance (BNB) Launches Terra Virtua (TVK) Staking Program with Ultra-High APY


u.today 06 May 2021 15:52, UTC
Reading time: ~2 m

Terra Virtua Kolect (TVK) is the core native utility token of Terra Virtua, the ecosystem for digital collectibles. Here is how much Binance (BNB) offers for its staking.

Record-breaking APY for TVK

According to a joint official announcement by world-leading cryptocurrency exchange Binance (BNB) and digital collectibles platform Terra Virtua, an exclusive staking initiative launches on May 6, 2021.

Binance offers almost 50% in APY for TVK staking

Starting from 12:00 p.m. UTC, TVK assets can be deposited to the staking contract in the "Locked Staking" module of the "Savings" dashboard of Binance (BNB) exchange.

Within a 15-day staking program for deposits between 10 and 750 TVK ($5.60-$420 at press time), eye-watering APY rates of 47.67% are offered.

Other programs for 30, 60 and 90 days are launched with 9-18 percent in APY. The offering is limited: stakers will be onboarded on a "first come, first served" basis.

Terra Virtua develops NFTs for art enthusiasts and gamers

Deposits between 10 and 50,000 TVK are accepted for this staking initiative.

Terra Virtua is a unique multi-directional project focused on the red-hot segment of digital collectibles. Under its umbrella, numerous collections for art fans and gamers were deployed to a decentralized marketplace.

As covered by U.Today recently, Terra Virtua has released a collection of masks in collaboration with the Hashmasks team.

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