Renaiss Earn's collectible card staking pools are reportedly fully subscribed, with a cumulative total of 1,593 Pokémon cards staked
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AT A GLANCE
Renaiss says all Earn pools are fully subscribed, with a cumulative total of 1,593 collectible cards staked and a total value exceeding 200000 USD。
Article
Renaiss All staking pools of the collectible card staking yield product Earn are fully subscribed, with a cumulative total of Pokémon cards staked 1,593 cards, with a total value exceeding 200000 USD BlockBeats reported that October 22，Renaiss Earn is a BNB Chain-based physical collectible tokenization protocol Renaiss's staking yield product. After physical collectible cards are authenticated, held in custody, and tokenized, holders can deposit the on-chain assets corresponding to eligible cards into staking pools and earn USDT yields under the applicable rules, generating returns during the holding period without having to sell the cards.
According to Renaiss's disclosure, the first staking pool was fully subscribed just 30 minutes after opening. All staking pools are currently fully subscribed, with a cumulative total of 1,593 collectible cards staked, with a total value exceeding 200000 USD. The annualized yield rate (APY) for each of the staking pools is 48%, with a lock-up period of 60 days.
Original link https://m.theblockbeats.info/flash/373165
Key points
01
According to Renaiss's disclosure, Earn's first staking pool was fully subscribed just 30 minutes after opening.
02
All staking pools are currently fully subscribed, with a cumulative total of 1,593 collectible cards staked and a total value exceeding 200000 USD。
03
The annualized yield rate (APY) for each of the staking pools is 48%, with a lock-up period of 60 days.
04
Renaiss Earn is built on BNB Chain, and on-chain assets corresponding to eligible cards can be deposited into staking pools to earn USDT yields under the applicable rules.
05
Physical collectible cards undergo authentication, custody, and tokenization.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This product converts authenticated and custodied physical collectible cards into on-chain assets. Holders lock eligible on-chain assets for 60 days and earn USDT yields under the product rules. The full-subscription, scale, and yield-rate data in the report all come from Renaiss's disclosure.
Why it matters to readers
This disclosure indicates that collectible card tokenization can incorporate staking-yield functionality, but the cumulative total value cited in the report is only stated as exceeding 200000 USD, and no materials sufficient to independently verify the relevant data were provided.
Beginners should distinguish “48% APY” from guaranteed returns:APY is annualized, while this product discloses a lock-up period of 60 days; actual returns also depend on the product rules and whether yields can be paid.
Risks and unknowns
No on-chain addresses or other independently verifiable data were provided regarding the full-subscription status of the staking pools.
The specific source and sustainability of USDT yields were not explained.
No independent evidence was provided for authentication, custody, or card valuation.
Redemption after the lock-up period, yield payments, and bad-debt conditions were not explained.
The key operating data in the report come from Renaiss's own disclosure.
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Related concepts
Tokenization
The process of converting a physical asset into digital form or a token to represent its value and ownership.
