I don't believe there is any staking there.. only ascendx & bitforex maybe also okx for staking to get omi rewards And if you move ecomi through the L1-L2 bridge you can stake on veve for mcp points 👍
No. I also don’t recommend staking on exchanges, the returns they offer are not worth the risks involved
Thanks for the tip Rhys! I'll slowly scale out of exchanges then :)
What can we do with MCP points?
Currently only get your ranking, but here is some more info: https://www.veve.me/blog-pages/veve-master-collector-program
No problem! If you have no reason to have tokens on there I wouldn’t be slow about it haha, why risk your money? Better to keep in cold storage (or at least self custody) and send back to the exchange if/when you want to do something else with them
Right now they contribute to your rank and level. However the plan is for you to be able to spend them throughout the app, like improving your drop chances. of course there’s a host of other things to do with them that we haven’t announced yet, but we’ll all have to wait for that info
Does having Ecomi on my Wallet on VeVe count as a type of self custody? 🙈
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