How To Stake LOOM BEP20
LOOM tokens can now be staked via Binance Smart Chain (BSC), which has MUCH lower transaction fees than Ethereum. That means you can stake smaller amounts of LOOM, and do so more frequently — without having most of your staking rewards get eaten up by transaction fees! We will continue to support LOOM staking via Ethereum, and if you’re already staking LOOM you don’t have to do anything at all. On the other hand if you have some LOOM sitting around you could take advantage of the low BSC transaction fees to stake some of it today.