Brave, a top-performing Stellar token, announces a redesigned staking rewards system to eliminate fraud from previous universal and trading rewards. The new Brave Staking offers tiered APYs up to 26% for 12-month periods, with flexible withdrawals and no minimums. Monthly burns of 24 million Braves and discontinuation of old rewards aim to stabilize price and foster long-term growth.
Brave has surged 20x since launch, becoming a Stellar network leader with over 24k supporters, but past universal and trading rewards attracted fraudsters using bots and multi-accounts to dump tokens and harm liquidity. The team introduces Brave Staking with periods of 1, 3, 6, or 12 months offering compounded APYs from 6% to 26%, no minimum balance required, customized payouts at term end, and penalty-free early withdrawals forfeiting interest. To counter reward supply impact, 24 million Braves will be burned monthly, with 66 million from discontinued November/December rewards and prizes burned immediately. VIP rewards remain unchanged, effective December 15th via staking.BravePay.net. This supports Brave's vision for age-controlled payments amid upcoming app releases and partnerships.