Battle Infinity Play-to-Earn Game Staking Launches Successfully – Can it Trigger IBAT Price Pump?

cryptonews.com:

Over a billion IBAT has been staked on the Battle Infinity platform since the staking program's remarkably successful launch. Since there will be significantly fewer IBAT available for sale on the market, it's seen as incredibly positive for the token price.

There has been a significant depletion of the asset due to the staking campaign, as one billion IBAT is nearly 40% of the circulating supply. 

Since so much has already been staked, there is less motivation to sell among investors. Furthermore, the staking program's massive success indicates that Battle Infinity can guarantee to support a large portion of its membership in the long run, as a significant number of investors have committed their stakes. 

With only a week since the beginning of the staking, IBAT has already reached the milestone of $4 million TVL. A total of over 40% of the supply in circulation is now staked.

Let's quickly go over what staking is and how it works for all members who are new to crypto staking.

Staking, like many other aspects of cryptocurrency, may be hard or easy, depending on how many levels of comprehension you want to achieve. The major lesson for many traders and investors is that staking is a method of collecting incentives for holding particular coins.

Staking your IBAT for a set amount of time enables you to gain awards and additional perks, which can be used to generate passive income. Even after you stake your IBAT, you will still legally own them. 

A few advantages of IBAT staking are as follows:

IBAT allows decentralized, flexible, and locked staking.

Flexible Staking: There's Flexible Staking, which lets users stake a variable amount of tokens on the platform in exchange for annualized returns of 12%. Withdraw your funds or