what is pre stake mean? @beefyfinance

Asked 1058 days ago
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what is pre stake mean?

asked 1058 days ago

1 Answers

Pre-staking is a process whereby you can deposit your mooTokens into a designated โ€œboostedโ€ section prior to the start of the boost period. This allows you to start earning additional rewards from the very first minute of the boost period. Pre-staking is beneficial because it gives you the opportunity to maximize your rewards by having your tokens ready to start earning rewards as soon as the boost period begins. Additionally, pre-staking can be used to help secure the network by providing additional security to the blockchain. By pre-staking, you are helping to ensure the network is secure and stable, which in turn can help increase the value of your mooTokens.
answered 1058 days ago
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That you can already deposit your mooTokens in the boosted section, so that when the Boost starts you will be earning those extra rewards from the very first minute
answered 1058 days ago

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