Avax staker has just been launched on 6 March 2022. It is a fork of Matic Staker.
Within less than 24 hours, it has gathered around 24 091 AVAX staked within the contract.
It is a high-risk investment that really depends on how much new investors that this project can gather.
It is really like a gamble but with a higher chance of getting a return provided the contract does not run dry when it is our time for withdrawal.
Getting in early and choose the most comfortable plan is crucial. We must also invest in what we are comfortable to lose as we are really betting that the project can last for a certain period.
As usual, it has the locked and unlocked plans. The unlocked plans allows us to withdraw our daily earnings regularly while the locked plans will compound our interest and we will only get to withdraw it after the locked period that we have chosen.
Avax Staker will be giving its airdrop of SWTC tokens to those who staked in the 28-day locked plan only. It is stated in its white paper that this airdrop will be done on 1st May 2022.
With this free airdrop, there may be investors who will invest in the 28-day locked plan so that they can get the new SWTC tokens.
Avax Staker has been audited by Haze Crypto. It is stated in its whitepaper that it is verified safe and the contract has no method to withdraw by the developers so the team wants to assure us that it cannot be rugged.
The team has also made some improvement. Below is a screenshot from its whitepaper.
This is definitely a high-risk investment so we need to decide the level of risk we are willing to take. If we do not want to lose a single cent, we should simply stay away.
I have put in 5 AVAX into the 14-day locked plan. I am betting that it should last more than 14 days with many investors still putting in fund into the contract.
Visit Avax Staker with my link below if this investment interests you.
https://avaxstaker.finance/?ref=0xe67ac4d724093fea5882a5167aa79cee57aa747b
Disclaimer: This is my personal reflection and I am not in any position to instruct anyone what they should do. I am not responsible for any action taken as a result of this post. My post can only be a reference for your further research and growth.