Ubitex Staking
UbitEx staking allows users to earn daily interest on their investments. Here's how it works:
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Staking Method: Users convert their investments into a form called "StUB," which is a combination of 60% UB tokens and 40% USDT. The StUB can be exchanged 1:1 with UB tokens.
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Daily Interest: The staked amount generates daily interest ranging from 0.3% to 1%, depending on the staking duration.
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Staking Duration: There are options to stake for 15, 30, 90, or 180 days. The longer you stake, the higher the interest rates, with 0.5% for 15 days, 0.7% for 30 days, 0.6% for 90 days, and 0.8% for 180 days.
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Earnings: After staking, you can either convert your StUB back to UB tokens or continue earning interest. For example, if you stake $10,000 for 90 days, you could earn $6,300 at the rate of 0.7% per day, which grows further if UB token prices increase