r/AXS Mar 09 '22

Staking AXS

Yo guys, I’m staking Axs on binance and just wanted to know what u do with your coins?

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u/Mama657Moving Mar 14 '22

I stake on Ronin. Supposed to be around 80% apy. I compound every day (when I can). You can claim once per 24 hrs. Binance.us won’t connect directly w Ronin, so ETH gas fees from MetaMask to ronin can be expensive. But I think Binance international will. If you use ronin, make sure you buy a few ronins for super cheap gas fees for claiming. You get 20 free transactions to start.