Did you know you can stake Fantom (FTM) to earn passive yield with your crypto holdings?
Staking on Fantom is an excellent way to earn a yield on your FTM tokens. The APY on Fantom is bigger compared to some of its L1 rivals, so Fantom believers should absolutely stake their bags. While the APY is definitely appealing, there are risks involved in staking — FTM and most ecosystem tokens have suffered drawdowns of over 90% during this bear market. Staking and locking your tokens up may make your funds illiquid and difficult to exit a position.
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