Larissa STAKING

Staking

Staking

0

Staked LRS

0.00LRS

Staking Reward

0LRS

Staking Wallet Address

0xC512799188F81829BBe6c9F840d864BF43cA4d1A

To participate in LRS staking, you need a collateral of 100,000 LRS.

Staking rewards are distributed every week on Monday at 05:05 AM UTC. All rewards are sent to stakers' wallets from which they initially staked.

Each week, 20% of the current block reward is allocated to a Staking Wallet. Due to the Larissa block reward's weekly decrease of 0.62%, this 20% allocation adjusts proportionally. This reallocated portion is then distributed as follows:
  • 70% goes toward LRS staking rewards for participants.
  • 30% is reserved for daily LRSN buyback, supporting stability and liquidity.

To stake LRS, use the official Larissa Wallet on Android, iOS, or Windows. Simply:
  1. Open the app and select Convert from the bottom menu.
  2. Choose Stake and click Stake Now under LRS Staking to proceed.

Staking rewards are automatically sent to your staking wallet address every Monday at 05:05 AM UTC.

You can cancel your LRS stake at any time without any fees. To cancel:
  1. Open the Stake section in the app.
  2. Find the Cancel button and click it to end the stake.