Recently released Battle Infinity is a play-to-earn Metaverse game with a staking platform that pays 25% APY. Do you think it’s a good time to invest in Battle Infinity (IBAT) now that more than 40% of its tokens have been staked? What is it?
Battle Infinity Launches New Staking Protocol
Battle Infinity, a top-tier proof-of-stake platform, unveiled a brand-new staking methodology on September 25th, 2022. This platform, which is situated in the Metaverse, provides a number of methods for players to earn IBAT, the platform’s native money, while playing games.
Battle Infinity is a multipurpose system that features a Metaverse, decentralized exchange (DEX), and NFT market all in one. Battle Infinity, on the other hand, has become immensely popular thanks to its P2E function, the IBAT Battle Swap.
All IBAT investors have access to secure, flexible staking options through the IBAT Battle Swap. Because of flexible staking, tokens may be withdrawn at any moment, and holders can earn 12% APY (Annual Percentage Yield) on their investments.
The payoff grows proportionally with the length of incarceration. For instance, with a 30-day lock-up time, you may expect a 14% yield, but with a 90-day lock-up period, you can expect a 17% return. The annual percentage yield (APY) for locked staking is 20% after 6 months, and it can go as high as 25% after 360 days for investors that hold IBAT.
Battle Infinity is one of the finest cryptocurrencies to invest in for staking and passive income in 2022 since it offers some of the greatest returns of any cryptocurrency.
Is This The Best Time To Invest In IBAT?
During the month of August 2022, Battle Infinity (IBAT) had a three-month presale that sold out in just twenty-four days. Following the successful presale, IBAT was released on PancakeSwap, a leading decentralized exchange. IBAT was first offered for presale at $0.0015 and has since risen to an ATH (all-time high) price of $0.0105 on PancakeSwap, an increase of sevenfold.
At its current price of over $0.0031 per token, IBAT still represents a rise of more than 200% from its presale launch price.
IBAT is one of the top cryptocurrency projects with a long-term focus because of its adaptability. In the IBAT Battle Games, all characters and products are created with ERC 721 smart contracts, giving investors access to a completely decentralized and virtual economy.
Players of Battle Infinity may use their NFTs to join a sports fantasy league that operates on the same platform. By doing well in contests, players may not only earn additional NFT awards but also exchange these assets on secondary marketplaces.
More than 40% of the total quantity of IBAT tokens has been locked up, which might lead to higher prices when demand exceeds supply. In the months and years ahead, the price of IBAT may rise as a result of increased trading volumes brought on by events like these.
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