Adeniyi Abidemi
2 min readOct 9, 2021

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STAKING AND KRE SUBSCRIPTION ON THE ASTROKIN SERVER

We have seen a lot of liquidity-providing or DeFi platforms give their users an Annual Percentage Rate (APR) of the bearest minimum value, while locking the users crypto assets for a considerable long period of time in their staking scheme. This is not so, with the Astrokin server.

HOW DOES STAKING ON THE ASTROKIN SERVER WORK?

It is without a shred of a doubt that the ASTROKIN server on discord provides one of the best staking schemes in the whole of the cryptocurrency space, with some incentives along the way. They avail their community users an interest rate, ranging from 20% to 100% (depending on the user’s rank in the KIN ARMY), that is the lowest ranked user receives an interest of 20%, while the highest ranked user gets an interest of 100%. The good news is, the interest is calculated as an Annual Percentage Yield (APY)- the user’s interest gets an interest - and it can be claimed daily by clicking on the #staking channel and then typing the command “!stake”, the user automatically receives his/her daily staking reward.

STAKING AND KRE SUBSCRIPTION

Staking on the ASTROKIN server is even sweeter with a KRE SUBSCRIPTION. The team introduced a program whereby their community users can stake their earned $KIN for a period ranging from one month, 3 months and 6 months, depending on the user’s preference. Each of these subscriptions has its own peculiarity and advantages in terms of both claiming staking rewards daily and monthly KRE reward claim.

HOW DOES KRE SUBSCRIPTION AFFECT YOUR STAKING?

Staking your KIN on the server is great, but doing so with a KRE subscription in place is amazing for all the right reasons. To subscribe for any of the KRE options, a user only needs to go to #kre-subscription and type any of the following commands: !kre 1, !kre 3 or !kre 6 (with 1, 3 and 6 representing the number of months for the user’s total balance to be locked for). Once a KRE SUBSCRIPTION is done, the user’s APY exponentially jumps to an unprecedented height e.g The APY of a “General of the KIN ARMY” jumps to a range of 248%, through 347% to a ridiculous 635% (for 1, 3, 6 months respectively).

A community user without a KRE SUBSCRIPTION, at best gets an APY of 171% while the one with a KRE SUBSCRIPTION, at best receives an APY of 635%. This only shows that the ASTROKIN server and their reward machine (Astrobot) is even made more beautiful and profitable for their community users with the KRE SUBSCRIPTION. Now is the time to join this lucrative moving train and be one of the early adopters (in my non-financial opinion).

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