SOON has now enabled staking, with staking rewards coming from a 3% annual token inflation.

Blockbeats
29 May

BlockBeats News, May 29, the Solana Virtual Machine (SVM) Rollup Soon has opened its staking feature.

SOON holders can stake their tokens to receive gSOON (Golden SOON Staking Token) and unlock more features within the Soon ecosystem. Staking rewards come from a 3% annual inflation of SOON, and unstaking requires a 7-day waiting period. gSOON holders will enjoy additional benefits, including access to the simpfor.fun platform's trial funds and potential airdrops (such as the SOONest NFT).

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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