Thomas Ogah
@thompson007
**Phaver introduces Social Staking, the first PvE SocialFi** Phaver has always focused on unlocking scalable creator and user rewards with SocialFi. With the $SOCIAL token launch in September, Phaver is ready to introduce a completely new model that offers the fun of daily speculation and supporting your favorite creators, combined with simple and sustainable staking pool mechanics. Phaver’s new Social Staking model allows users to support creators and earn daily rewards by locking $SOCIAL tokens in a staking pool for at least 30 days. With dynamic yields that reward discovering new creators and a PvE structure, Phaver aims to create a sustainable SocialFi ecosystem where both users and creators benefit. **Read Article:** https://x.com/phaverapp/status/1852022239618842757
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Penn Nara ⚡
@pennnara
Can you simply explain this for a new crypto user?
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Thomas Ogah
@thompson007
It's a new feature that allows you to stake your $Social token on a creator's post and earn more $Social as reward from the staking pool.... similar to phaving a post and get more phaves back in return... It's like defi, you stake in a particular pool and get profit from it.... Hope you understand to this level??? It's not live yet... coming soon 💰 It will pump your $Social bag 💰
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Penn Nara ⚡
@pennnara
Now I get it, especially when you said it's like phaving
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