**Staking is now Reality
Dear Lumenauts,
We are tremendously proud to announce that Staking is now available and the first 9500 to apply can begin staking immediately at 25% APY + Bonus (depending on your wallet balance).
Helping us secure all transactions and the network as a whole, the new Staking Mechanism will also allow you to grow your XLM holdings at a rapid pace.
Original text source: https://stellar.org.ht/blog/introducing-the-stellar-community-staking-competition/
The Profits Only Get Bigger
The fund, totalling 6.07 billion XLM, has been secured by the Stellar Foundation in collaboration with the Stellar Community Staking Fund.
Bear in mind, only the first 9 500 wallets will be admissable to participate in this first enrollment group. Future groups might have lower ROI (for example 15%, instead of the 25% that the first group shall receive). **